Residential comparison · 13 facts
Gaithersburg, MD vs Olney, MD
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Gaithersburg needs about $96,000 in Olney to keep the same lifestyle.
Coming from Olney, $85,000 of lifestyle costs about $74,000 in Gaithersburg.
A few differences
- Olney is higher on median household income ($171,458 vs $112,467).
- Gaithersburg is lower on cost of living index (121 vs 126).
- Olney is lower on 2-bedroom rent ($1,877/mo vs $2,148/mo).
Gaithersburg vs Olney · facet by facet
| Facet | Gaithersburg, MD | Olney, MD |
|---|---|---|
| Median home price | $496,500 | $656,600 |
| 2-bedroom rent | $2,148/mo | $1,877/mo |
| Property tax rate | 1.05% | 1.05% |
| State & local income tax | 7.6% | 7.6% |
| Sales tax | 6% | 6% |
| Cost of living index | 121 | 126 |
| Groceries index | 105 | 105 |
| Utilities | $190/mo | $190/mo |
| Median household income | $112,467 | $171,458 |
| Unemployment rate | 2.8% | 2.8% |
| Crime index | 52/100 | 52/100 |
| School rating | 6.2/10 | 6.2/10 |
| Sunny days / year | 213 days | 213 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Gaithersburg, MD · Olney, MD
Questions & answers
- Is Gaithersburg cheaper than Olney?
- Gaithersburg has the lower day-to-day cost index (121 vs 126 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Olney equals $85,000 in Gaithersburg?
- A household earning $85,000 in Gaithersburg needs about $96,000 in Olney to keep the same lifestyle; coming the other way, $85,000 of Olney lifestyle costs about $74,000 in Gaithersburg.