Chevy Chase, MD vs Somerset, MD

Chevy Chase, MD and Somerset, MD have a very similar cost of living, with only a 4% difference in their overall index. Chevy Chase scores 282 while Somerset scores 294 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Chevy Chase is $3,501/month compared to $3,501/month in Somerset — a 0% difference. Interestingly, home values tell a different story: while Somerset has cheaper rent, Chevy Chase actually has lower median home values ($1,678,700 vs $1,820,800).

Median household income in Chevy Chase is $250,001 compared to $250,001 in Somerset. Looking at affordability, residents of Chevy Chase spend roughly 16.8% of their income on rent, less than the 16.8% in Somerset.

Climate-wise, both cities share similar average temperatures (59.3°F vs 59.3°F). Somerset receives more rainfall at 41.8" per year compared to 41.8" in Chevy Chase.