What is a pro or con of living in Lanham, Marylandcompared to Olney, Maryland?

Median Home Cost is 33% cheaper in Lanham.

What salary do I need to live in Lanham, Maryland copmared to Olney, Maryland?

A salary of $50,000 in Olney, Maryland could decrease to $43,869 in Lanham, Maryland (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

Comparison

Food

Housing

Utilities

Commute

Health

Taxes

Childcare

Personal

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OLNEY vs. LANHAM
Cost of Living Comparison

Olney, Maryland vs. Lanham, Maryland

Q: Is it expensive to live in Lanham, Maryland compared to Olney, Maryland?

Overall, Lanham, Maryland is cheaper than Olney, Maryland.

Cost of Living Comparison

The cost of living in Lanham, Maryland is 12.3% cheaper than Olney, Maryland.

You would need a salary of $43,869 in Lanham, Maryland to maintain the standard of living you have in Olney, Maryland.

Comparison highlights

• Overall, Lanham, Maryland is cheaper than Olney, Maryland
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
33% cheaper in Lanham
than in Olney, Maryland

Olney, MD vs. Lanham, MD

Compared to Olney, Lanham is:

Homeowner

No Child Care, Taxes not Considered

12.3% 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

4.2% lower

Housing (Homeowner)

35.5% lower

Housing (Rent)

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Median Home Cost

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Utilities

3.1% higher

Commute

0.9% higher

Health

0.5% higher

Taxes

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Childcare

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Personal

14.8% higher

Cost of Food

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Olney, Maryland vs. Lanham, Maryland

Cost of Living Comparison

Comparison highlights

Olney, MD vs. Lanham, MD

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