Charlestown, MD vs Chestertown, MD

There is a significant gap in the cost of living between these two cities. Chestertown is 16.4% cheaper than Charlestown. With a cost index of 97 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chestertown to Charlestown should plan for substantially higher expenses across most categories.

On the housing front, median rent in Charlestown is $1,548/month compared to $1,090/month in Chestertown — a 42% difference. Home values follow the same pattern: Chestertown is more affordable at $333,900 median vs $361,300.

Median household income in Charlestown is $109,650 compared to $47,047 in Chestertown (+133.1%). While Charlestown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Charlestown spend roughly 16.9% of their income on rent, less than the 27.8% in Chestertown.

Climate-wise, both cities share similar average temperatures (55.2°F vs 55.2°F). Chestertown receives more rainfall at 47.1" per year compared to 47.1" in Charlestown.