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Owings, MD vs Tilghman Island, MD

125
Owings
Maryland
VS
+20.3%
104
Tilghman Island
Maryland

There is a significant gap in the cost of living between these two cities. Tilghman Island is 20.3% cheaper than Owings. With a cost index of 104 vs 125, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Tilghman Island to Owings should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Owings are $592,900 compared to $330,300 in Tilghman Island, a 80% gap.

Median household income in Owings is $171,194 compared to $64,931 in Tilghman Island (+163.7%). While Owings is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (57.7°F vs 57.7°F). Tilghman Island receives more rainfall at 44" per year compared to 44" in Owings.

Income & Cost

Cost of Living Index
Owings
125
Tilghman Island
104
17% cheaper
Median Household Income
Owings
$171,194
62% higher
Tilghman Island
$64,931

Housing

Median Rent
Owings
Tilghman Island
Median Home Value
Owings
$592,900
Tilghman Island
$330,300
44% cheaper
Population
Owings
2,475
Tilghman Island
874

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Owings $3.11
Tilghman Island
US $3.07
🥚
Eggs (grade A, large)
Owings $2.54
Tilghman Island
US $2.50
🥛
Milk (whole)
Owings $4.08
Tilghman Island
US $4.03
🍞
Bread (white)
Owings $1.88
Tilghman Island
US $1.85
🍗
Chicken breast
Owings $4.20
Tilghman Island
US $4.14
Electricity
Owings $0.19
Tilghman Island
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Owings 57.7°F
Tilghman Island 57.7°F
Summer High
Owings 86°F
Tilghman Island 86°F
Winter Low
Owings 30°F
Tilghman Island 30°F
Rainfall
Owings 44"
Tilghman Island 44"
Rainy Days
Owings 0d
Tilghman Island 0d