Montgomery Village, MD vs Riviera Beach, MD
Montgomery Village, MD and Riviera Beach, MD have a very similar cost of living, with only a 2.5% difference in their overall index. Montgomery Village scores 126 while Riviera Beach scores 122 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 Montgomery Village is $1,883/month compared to $1,945/month in Riviera Beach — a 3% difference. Interestingly, home values tell a different story: while Montgomery Village has cheaper rent, Riviera Beach actually has lower median home values ($334,000 vs $367,100).
Median household income in Montgomery Village is $96,487 compared to $110,136 in Riviera Beach (-12.4%). Riviera Beach offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Montgomery Village spend roughly 23.4% of their income on rent, more than the 21.2% in Riviera Beach.
Climate-wise, both cities share similar average temperatures (55.7°F vs 56.2°F). Riviera Beach receives more rainfall at 45" per year compared to 43.2" in Montgomery Village.
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