Severna Park, MD vs Takoma Park, MD

Severna Park, MD and Takoma Park, MD have a very similar cost of living, with only a 1.8% difference in their overall index. Severna Park scores 137 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 Severna Park is $1,617/month compared to $1,388/month in Takoma Park — a 17% difference. Interestingly, home values tell a different story: while Takoma Park has cheaper rent, Severna Park actually has lower median home values ($633,600 vs $721,500).

Median household income in Severna Park is $168,091 compared to $97,872 in Takoma Park (+71.7%). Severna Park offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Severna Park spend roughly 11.5% of their income on rent, less 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 Severna Park. Severna Park receives more rainfall at 45" per year compared to 41.8" in Takoma Park.