Ellicott City, MD vs Montgomery Village, MD
There is a significant gap in the cost of living between these two cities. Montgomery Village is 19.2% cheaper than Ellicott City. With a cost index of 126 vs 150, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Montgomery Village to Ellicott City should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ellicott City is $2,001/month compared to $1,883/month in Montgomery Village — a 6% difference. Home values follow the same pattern: Montgomery Village is more affordable at $367,100 median vs $644,300.
Median household income in Ellicott City is $157,891 compared to $96,487 in Montgomery Village (+63.6%). While Ellicott City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ellicott City spend roughly 15.2% of their income on rent, less than the 23.4% in Montgomery Village.
Climate-wise, both cities share similar average temperatures (56.2°F vs 55.7°F). Ellicott City receives more rainfall at 45" per year compared to 43.2" in Montgomery Village.
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