Carney, MD vs Silver Spring, MD

There is a significant gap in the cost of living between these two cities. Carney is 21.7% cheaper than Silver Spring. With a cost index of 115 vs 147, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carney to Silver Spring should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carney is $1,786/month compared to $1,899/month in Silver Spring — a 6% difference. Home values follow the same pattern: Carney is more affordable at $299,200 median vs $619,400.

Median household income in Carney is $84,619 compared to $98,880 in Silver Spring (-14.4%). The higher salaries in Silver Spring partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Carney spend roughly 25.3% of their income on rent, more than the 23% in Silver Spring.

Climate-wise, both cities share similar average temperatures (59.1°F vs 59.3°F). Carney receives more rainfall at 43.7" per year compared to 41.8" in Silver Spring.