Frederick, MD vs Silver Spring, MD

There is a significant gap in the cost of living between these two cities. Frederick is 18.6% cheaper than Silver Spring. With a cost index of 119 vs 147, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Frederick to Silver Spring should plan for substantially higher expenses across most categories.

On the housing front, median rent in Frederick is $1,688/month compared to $1,899/month in Silver Spring — a 11% difference. Home values follow the same pattern: Frederick is more affordable at $365,200 median vs $619,400.

Median household income in Frederick is $95,150 compared to $98,880 in Silver Spring (-3.8%). Silver Spring 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% in Silver Spring.

Climate-wise, Silver Spring is notably warmer with an average of 59.3°F compared to 55.4°F in Frederick. Silver Spring receives more rainfall at 41.8" per year compared to 35.6" in Frederick.