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Cost of Living Calculator - Lake Placid, New York vs Ocean City, Maryland

The cost of living in Ocean City, Maryland is 4.6% more expensive than Lake Placid, New York.

You would need a salary of $52,305 in Ocean City, Maryland to maintain the standard of living you have in Lake Placid, New York.
Comparison highlights
• Overall, Ocean City, Maryland is more expensive than Lake Placid, New York
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
32% more expensive in Ocean City
than in Lake Placid, New York
Lake Placid, NY vs Ocean City, MD
Compared to Lake Placid, Ocean City is:
  Homeowner
      No Child Care, Taxes not Considered
  4.6% higher
      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
  2.2% lower
  Housing (Homeowner)
  18.8% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  0.5% lower
  Commute
  3.1% higher
  Health
  23.1% lower
  Taxes
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  Childcare
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  Personal
  3.4% higher
Cost of Food
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