Edgewood, MD vs Jessup, MD
There is a significant gap in the cost of living between these two cities. Edgewood is 26.4% cheaper than Jessup. With a cost index of 99 vs 134, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edgewood to Jessup should plan for substantially higher expenses across most categories.
On the housing front, median rent in Edgewood is $1,435/month compared to $2,056/month in Jessup — a 30% difference. Home values follow the same pattern: Edgewood is more affordable at $234,700 median vs $437,300.
Median household income in Edgewood is $86,355 compared to $122,574 in Jessup (-29.5%). While Jessup is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edgewood spend roughly 19.9% of their income on rent, less than the 20.1% in Jessup.
Climate-wise, both cities share similar average temperatures (55.2°F vs 56.2°F). Edgewood receives more rainfall at 47.1" per year compared to 45" in Jessup.
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Climate
NOAA 30-year normals (1991-2020)