Howard County provides the best value in Maryland in terms of purchasing power, according a recent study by SmartAsset.
The financial technology company ranked Maryland’s counties and Baltimore by comparing median income to the cost of living.
Howard County tops the list with a median income of $113,800, and an annual cost of living of $63,414. Somerset County is at the bottom of the rankings with a median income of $35,886 and a cost of living placed at $35,885.
The index tilts toward Maryland’s exurban counties. But both Baltimore and Montgomery County made the top 10.
You can find SmartAsset’s full rankings and interactive map here.
Below is a chart showing the study’s findings, which used data from the U. S. Census Bureau, MIT Living Wage Study, and Bureau of Labor Statistics.