National Harbor, MD vs New Market, MD

National Harbor, MD and New Market, MD have a very similar cost of living, with only a 4.5% difference in their overall index. National Harbor scores 146 while New Market scores 140 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 National Harbor is $2,293/month compared to $1,694/month in New Market — a 35% difference. Interestingly, home values tell a different story: while New Market has cheaper rent, National Harbor actually has lower median home values ($462,000 vs $607,700).

Median household income in National Harbor is $133,616 compared to $198,080 in New Market (-32.5%). New Market offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of National Harbor spend roughly 20.6% of their income on rent, more than the 10.3% in New Market.

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