Small City69,657 people

Gaithersburg, MD

Discover how far your salary goes in Gaithersburg. Compare taxes, rent, and living costs.

Cost Index
150
💰 Expensive
Population

69,657

State Tax

5.8%

1BR Rent

$1,820

/month

vs National

+30%

above avg

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Rent Prices in Gaithersburg

🏠

Studio

$1,456

/month

$17,472/year

Most Common
🛏️

1 Bedroom

$1,820

/month

$21,840/year

🏡

2 Bedroom

$2,457

/month

$29,484/year

🏘️

3 Bedroom

$3,185

/month

$38,220/year

Taxes in Maryland

State Income Tax

Maryland

5.8%

For a $100k salary, that's ~$5,750/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Gaithersburg, MD?

Gaithersburg has a cost of living index of 150, which is 50% above the national average. A 1-bedroom apartment costs around $1,820/month.

What is the state income tax in Maryland?

Maryland has a state income tax rate of approximately 5.8%. This is in addition to federal income tax.

How much is rent in Gaithersburg?

The median rent for a 1-bedroom apartment in Gaithersburg is $1,820/month. For a 2-bedroom, expect to pay around $2,457/month. This is 30% above the national average.

Is Gaithersburg a good place to live?

Gaithersburg is a small city with a population of 69,657. The cost of living is expensive, making it more expensive than average for the US.

See the complete picture for Gaithersburg

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