Odenton, MD vs Takoma Park, MD
Odenton, MD and Takoma Park, MD have a very similar cost of living, with only a 2.9% difference in their overall index. Odenton scores 136 while Takoma Park 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 Odenton is $2,174/month compared to $1,388/month in Takoma Park — a 57% difference. Interestingly, home values tell a different story: while Takoma Park has cheaper rent, Odenton actually has lower median home values ($408,400 vs $721,500).
Median household income in Odenton is $126,455 compared to $97,872 in Takoma Park (+29.2%). Odenton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Odenton spend roughly 20.6% of their income on rent, more than the 17% in Takoma Park.
Climate-wise, Takoma Park is notably warmer with an average of 59.3°F compared to 56.2°F in Odenton. Odenton receives more rainfall at 45" per year compared to 41.8" in Takoma Park.
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