Edgewood, MD vs Towson, MD

There is a significant gap in the cost of living between these two cities. Edgewood is 22% cheaper than Towson. With a cost index of 99 vs 127, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edgewood to Towson should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edgewood is $1,435/month compared to $1,784/month in Towson — a 20% difference. Home values follow the same pattern: Edgewood is more affordable at $234,700 median vs $445,100.

Median household income in Edgewood is $86,355 compared to $100,481 in Towson (-14.1%). The higher salaries in Towson 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 21.3% in Towson.

Climate-wise, Towson is notably warmer with an average of 59.1°F compared to 55.2°F in Edgewood. Edgewood receives more rainfall at 47.1" per year compared to 43.7" in Towson.