Edgewater, MD vs Monrovia, MD

Edgewater, MD and Monrovia, MD have a very similar cost of living, with only a 1.4% difference in their overall index. Edgewater scores 139 while Monrovia scores 141 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.

When it comes to buying, median home values in Edgewater are $428,500 compared to $761,600 in Monrovia, a 44% gap.

Median household income in Edgewater is $111,000 compared to $234,712 in Monrovia (-52.7%). While Monrovia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (57.7°F vs 55.7°F). Edgewater receives more rainfall at 44" per year compared to 43.2" in Monrovia.