Median rent is 7% lower in Severna Park ($1,699/mo vs $1,821/mo). Buying is cheaper in Severna Park, where the median home runs $647,200 versus $777,600. Households earn more in Severna Park ($169,953 vs $80,483 a year).
City A
New York, NY
City B
Severna Park, MD
How much would you need to earn in Severna Park, MD to maintain your standard of living from New York, NY?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
New York
New York
Severna Park
Maryland
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rent is modestly lower in Severna Park at $1,699/mo compared to $1,821/mo in New York (7% gap). Median home values are within 17% of each other: $777,600 in New York and $647,200 in Severna Park.
Metric
New York
Severna Park
Software Developer
Registered Nurse
Elementary Teacher
Electrician
Accountant
Higher wage highlighted · BLS OEWS 2023 (metro-level data)
State tax data is not yet available for these cities.
New York
Income tax: N/A
Sales tax: N/A
Severna Park
Income tax: N/A
Sales tax: N/A
Air quality data is available for New York (avg AQI 46.0) but not yet for Severna Park.
Pick Severna Park if you prioritize higher median household income ($169,953/yr).
Cost of living index data is not yet available for one or both cities.
Median rent is $1,821/mo in New York, NY and $1,699/mo in Severna Park, MD. Severna Park, MD has the lower rent by about 7%.
Median household income is $80,483 in New York, NY and $169,953 in Severna Park, MD. Severna Park, MD has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Air quality data is not yet available for one or both cities.
State tax data is not yet available for one or both cities.
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
