Edgewood, MD vs Gaithersburg, MD
There is a significant gap in the cost of living between these two cities. Edgewood is 28.9% cheaper than Gaithersburg. With a cost index of 99 vs 139, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edgewood to Gaithersburg should plan for substantially higher expenses across most categories.
On the housing front, median rent in Edgewood is $1,435/month compared to $2,008/month in Gaithersburg — a 29% difference. Home values follow the same pattern: Edgewood is more affordable at $234,700 median vs $484,500.
Median household income in Edgewood is $86,355 compared to $107,496 in Gaithersburg (-19.7%). The higher salaries in Gaithersburg partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Edgewood spend roughly 19.9% of their income on rent, less than the 22.4% in Gaithersburg.
Climate-wise, both cities share similar average temperatures (55.2°F vs 55.7°F). Edgewood receives more rainfall at 47.1" per year compared to 43.2" in Gaithersburg.
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