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Towson, MD vs Westminster, MD

127
Towson
Maryland
VS
+20.7%
105
Westminster
Maryland

There is a significant gap in the cost of living between these two cities. Westminster is 20.7% cheaper than Towson. With a cost index of 105 vs 127, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Westminster to Towson should plan for substantially higher expenses across most categories.

On the housing front, median rent in Towson is $1,784/month compared to $1,410/month in Westminster — a 27% difference. Home values follow the same pattern: Westminster is more affordable at $318,100 median vs $445,100.

Median household income in Towson is $100,481 compared to $79,431 in Westminster (+26.5%). While Towson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Towson spend roughly 21.3% of their income on rent, less than the 21.3% in Westminster.

Climate-wise, Towson is notably warmer with an average of 59.1°F compared to 52.4°F in Westminster. Towson receives more rainfall at 43.7" per year compared to 42.1" in Westminster.

Income & Cost

Cost of Living Index
Towson
127
Westminster
105
17% cheaper
Median Household Income
Towson
$100,481
21% higher
Westminster
$79,431

Housing

Median Rent
Towson
$1,784
Westminster
$1,410
21% cheaper
Median Home Value
Towson
$445,100
Westminster
$318,100
29% cheaper
Population
Towson
57,683
Westminster
20,257

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Towson $3.11
Westminster $3.11
US $3.07
🥚
Eggs (grade A, large)
Towson $2.54
Westminster $2.54
US $2.50
🥛
Milk (whole)
Towson $4.09
Westminster $4.09
US $4.03
🍞
Bread (white)
Towson $1.88
Westminster $1.88
US $1.85
🍗
Chicken breast
Towson $4.20
Westminster $4.20
US $4.14
Electricity
Towson $0.21
Westminster $0.21
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Towson 59.1°F
Westminster 52.4°F
Summer High
Towson 90°F
Westminster 85°F
Winter Low
Towson 30°F
Westminster 21°F
Rainfall
Towson 43.7"
Westminster 42.1"
Rainy Days
Towson 119d
Westminster 133d