Germantown, Maryland vs. Lake Placid, Florida

Cost of Living Comparison

The cost of living in Lake Placid, Florida is 26.4% cheaper than Germantown, Maryland.

You would need a salary of $55,195 in Lake Placid, Florida to maintain the standard of living you have in Germantown, Maryland.
Comparison highlights
• Overall, Lake Placid, Florida is cheaper than Germantown, Maryland
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
34% cheaper in Lake Placid
than in Germantown, Maryland
Germantown, MD vs. Lake Placid, FL
Compared to Germantown, Lake Placid is:
  Homeowner
      No Child Care, Taxes not Considered
  26.4% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  5.5% lower
  Housing (Homeowner)
  51.0% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  17.0% higher
  Commute
  46.0% lower
  Health
  22.5% higher
  Taxes
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  Childcare
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  Personal
  6.5% lower
Cost of Food
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