Fort Washington, MD vs Stevensville, MD
There is a significant gap in the cost of living between these two cities. Stevensville is 24.8% cheaper than Fort Washington. With a cost index of 127 vs 159, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Stevensville to Fort Washington should plan for substantially higher expenses across most categories.
On the housing front, median rent in Fort Washington is $2,724/month compared to $1,735/month in Stevensville — a 57% difference. Interestingly, home values tell a different story: while Stevensville has cheaper rent, Fort Washington actually has lower median home values ($464,300 vs $471,900).
Median household income in Fort Washington is $145,942 compared to $131,618 in Stevensville (+10.9%). Fort Washington does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Fort Washington spend roughly 22.4% of their income on rent, more than the 15.8% in Stevensville.
Climate-wise, both cities share similar average temperatures (59.3°F vs 57.7°F). Stevensville receives more rainfall at 44" per year compared to 41.8" in Fort Washington.
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