What is the cost of living in Lake Arbor, MD?
According to the most recent data on the cost of living, Lake Arbor has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to Maryland, Lake Arbor has a cost of living index that's 1.1x higher than Maryland's index of 121.
The standard of living in Lake Arbor ranks as #124 most affordable out of the 195 places we measured in Maryland. By definition, that implies Lake Arbor ranks as the #71 most expensive place in the Old Line State.
For more reading on life in Lake Arbor, check out:
Lake Arbor Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Lake Arbor. Here is how it fares on each of the criteria:
The Services index in Lake Arbor is 101.
The Groceries index in Lake Arbor is 109.
The Health index in Lake Arbor is 193.
The Housing index in Lake Arbor is 107.
The Transportation index in Lake Arbor is 105.
The Utilities index in Lake Arbor is 107.
| Living Expense | Lake Arbor | Maryland | National Average |
|---|---|---|---|
| Overall | 134 | 121 | 100 |
| Services | 101 | 104 | 100 |
| Groceries | 109 | 107 | 100 |
| Health | 193 | 152 | 100 |
| Housing | 107 | 109 | 100 |
| Transportation | 105 | 108 | 100 |
| Utilities | 107 | 109 | 100 |
Lake Arbor Cost Of Living Compared To Maryland Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Maryland, check out:
Protect your home budget Compare home warranties in Lake Arbor Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lake Arbor, MD Housing Cost Breakdown
Housing swings affordability the most between places in Maryland, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Lake Arbor is $419,529.
The Median Rent in Lake Arbor is $2,431.
The Median Income in Lake Arbor is $121,211.
The Home Value To Income in Lake Arbor is 3.5x.
The Rent To Monthly Income in Lake Arbor is 0.24x.
| Statistic | Lake Arbor | Maryland | United States |
|---|---|---|---|
| Median Home Value | $419,529 | $429,704 | $332,700 |
| Median Rent | $2,431 | $1,705 | $1,413 |
| Median Income | $121,211 | $103,678 | $80,734 |
| Home Value To Income | 3.5x | 4.1x | 4.1x |
| Rent To Monthly Income | 0.24x | 0.2x | 0.21x |
Lake Arbor, MD Costs By Category
Detailed Lake Arbor Services costs vs. Maryland
| Item | Lake Arbor | Maryland |
|---|---|---|
| Shampoo | $1.63 | $1.28 |
| Movie | $15.72 | $12.13 |
| Bowling | $24.56 | $18 |
| Haircut | $41.31 | $24.26 |
| Beauty Salon | $73.33 | $45.56 |
Detailed Lake Arbor Groceries costs vs. Maryland
| Item | Lake Arbor | Maryland |
|---|---|---|
| Ground Beef | $5.72 | $5.84 |
| Fried Chicken | $1.31 | $1.57 |
| Milk | $4.83 | $4.67 |
| Potatoes | $5.15 | $4.93 |
| Pizza | $12.83 | $12.09 |
| Beer | $11.41 | $10.41 |
| Toothpaste | $3.7 | $3.7 |
Detailed Lake Arbor Health costs vs. Maryland
| Item | Lake Arbor | Maryland |
|---|---|---|
| Optometrist | $112.83 | $125.68 |
| Doctor | $156.21 | $135.78 |
| Dentist | $135.09 | $113.29 |
Detailed Lake Arbor Transportation costs vs. Maryland
| Item | Lake Arbor | Maryland |
|---|---|---|
| Gasoline | $3.37 | $3.46 |
| Tire Balancing | $75.27 | $59.92 |
Detailed Lake Arbor Utilities costs vs. Maryland
| Item | Lake Arbor | Maryland |
|---|---|---|
| All Electricity | $227.7 | $193.99 |
| Phone | $190.71 | $192.25 |
Lake Arbor SnackAbility
Cost Of Living In Cities Around Lake Arbor
The cost of living varies in the cities and towns around Lake Arbor. Here's a quick look at the cost of living in the most populous nearby places:
North Laurel, MD has a cost of living index of 137, 1.0x Lake Arbor.
Landover, MD has a cost of living index of 114, 0.9x Lake Arbor.
Summerfield, MD has a cost of living index of 122, 0.9x Lake Arbor.
| City | Population | Cost Of Living | Vs. Lake Arbor |
|---|---|---|---|
| North Laurel, MD | 25,563 | 137 | 1.0x |
| Landover, MD | 24,514 | 114 | 0.9x |
| Summerfield, MD | 15,065 | 122 | 0.9x |
| Colesville, MD | 14,519 | 145 | 1.1x |
| Kettering, MD | 14,014 | 129 | 1.0x |
| Kemp Mill, MD | 13,042 | 147 | 1.1x |
| Largo, MD | 12,229 | 123 | 0.9x |
| Mitchellville, MD | 11,359 | 137 | 1.0x |
| Walker Mill, MD | 10,931 | 136 | 1.0x |
| Chevy Chase, MD | 9,445 | 257 | 1.9x |
