Chesapeake Ranch Estates, MD vs Edgewood, MD

There is a significant gap in the cost of living between these two cities. Edgewood is 15.2% cheaper than Chesapeake Ranch Estates. With a cost index of 99 vs 114, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edgewood to Chesapeake Ranch Estates should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chesapeake Ranch Estates is $1,794/month compared to $1,435/month in Edgewood — a 25% difference. Home values follow the same pattern: Edgewood is more affordable at $234,700 median vs $286,600.

Median household income in Chesapeake Ranch Estates is $97,139 compared to $86,355 in Edgewood (+12.5%). The higher salaries in Chesapeake Ranch Estates partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Chesapeake Ranch Estates spend roughly 22.2% of their income on rent, more than the 19.9% in Edgewood.

Climate-wise, Chesapeake Ranch Estates is notably warmer with an average of 58.3°F compared to 55.2°F in Edgewood. Edgewood receives more rainfall at 47.1" per year compared to 45.3" in Chesapeake Ranch Estates.