Frederick, MD vs Montgomery Village, MD

Frederick, MD and Montgomery Village, MD have a very similar cost of living, with only a 4.8% difference in their overall index. Frederick scores 119 while Montgomery Village scores 126 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Frederick is $1,688/month compared to $1,883/month in Montgomery Village — a 10% difference. Home values follow the same pattern: Frederick is more affordable at $365,200 median vs $367,100.

Median household income in Frederick is $95,150 compared to $96,487 in Montgomery Village (-1.4%). Montgomery Village 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 Frederick spend roughly 21.3% of their income on rent, less than the 23.4% in Montgomery Village.

Climate-wise, both cities share similar average temperatures (55.4°F vs 55.7°F). Montgomery Village receives more rainfall at 43.2" per year compared to 35.6" in Frederick.