Chester, MD vs New Market, MD
Chester is moderately more affordable than New Market, with a 8% lower cost of living index. Chester scores 128 compared to 140 for New Market, where the US average is 100. This difference means residents of New Market can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Chester is $1,849/month compared to $1,694/month in New Market — a 9% difference. Interestingly, home values tell a different story: while New Market has cheaper rent, Chester actually has lower median home values ($441,200 vs $607,700).
Median household income in Chester is $90,938 compared to $198,080 in New Market (-54.1%). While New Market is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chester spend roughly 24.4% of their income on rent, more than the 10.3% in New Market.
Climate-wise, both cities share similar average temperatures (57.7°F vs 55.4°F). Chester receives more rainfall at 44" per year compared to 35.6" in New Market.
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NOAA 30-year normals (1991-2020)