U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Maryland
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 05-01-2014, 11:25 AM
 
121 posts, read 230,466 times
Reputation: 116

Advertisements

How is an 85K annual income for a family of 4 in Fredrick/Gaithersburg/Columbia region?
Reply With Quote Quick reply to this message

 
Old 05-01-2014, 12:00 PM
 
Location: Sneads Ferry, NC
11,090 posts, read 18,640,974 times
Reputation: 4991
Quote:
Originally Posted by kram79 View Post
How is an 85K annual income for a family of 4 in Fredrick/Gaithersburg/Columbia region?
I think you would get somewhat different answers for each town if you use a cost of living calculator. I think Frederick is the least expensive, and Columbia is the most expensive of the three. (I will leave that exercise up to you.)

Generally, you can get along, but it won't be plush living. If you use a conservative 25% of gross for rent, you will be able to afford a townhouse. If you spend 30% of gross, you can find a small house.

Your income taxes will be among the highest in the nation, and commuting and insurance will take another chunk. You will have to scrimp if you want to save for college or retirement.
Reply With Quote Quick reply to this message
 
Old 05-06-2014, 09:51 AM
 
Location: Catonsville, Md
207 posts, read 312,571 times
Reputation: 125
I say Frederick area would be the cheapest. Columbia, no way.
Reply With Quote Quick reply to this message
 
Old 05-06-2014, 11:42 AM
 
581 posts, read 953,513 times
Reputation: 503
I think you will get a little more for your money in Columbia over Gaithersburg. But Frederick will definitely be the cheapest of the three.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Maryland
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top