What is the cost of living in Lake Shore, MD?
According to the most recent data on the cost of living, Lake Shore has an overall cost of living index of 136, which is 1.4x higher than the national index of 100.
Compared to Maryland, Lake Shore has a cost of living index that's 1.1x higher than Maryland's index of 121.
The standard of living in Lake Shore ranks as #136 most affordable out of the 195 places we measured in Maryland. By definition, that implies Lake Shore ranks as the #59 most expensive place in the Old Line State.
For more reading on life in Lake Shore, check out:
Lake Shore Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Lake Shore. Here is how it fares on each of the criteria:
The Services index in Lake Shore is 103.
The Groceries index in Lake Shore is 109.
The Health index in Lake Shore is 207.
The Housing index in Lake Shore is 109.
The Transportation index in Lake Shore is 107.
The Utilities index in Lake Shore is 104.
| Living Expense | Lake Shore | Maryland | National Average |
|---|---|---|---|
| Overall | 136 | 121 | 100 |
| Services | 103 | 104 | 100 |
| Groceries | 109 | 107 | 100 |
| Health | 207 | 152 | 100 |
| Housing | 109 | 109 | 100 |
| Transportation | 107 | 108 | 100 |
| Utilities | 104 | 109 | 100 |
Lake Shore 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 Shore Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lake Shore, 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 Shore is $484,658.
The Median Rent in Lake Shore is $1,806.
The Median Income in Lake Shore is $130,689.
The Home Value To Income in Lake Shore is 3.7x.
The Rent To Monthly Income in Lake Shore is 0.17x.
| Statistic | Lake Shore | Maryland | United States |
|---|---|---|---|
| Median Home Value | $484,658 | $429,704 | $332,700 |
| Median Rent | $1,806 | $1,705 | $1,413 |
| Median Income | $130,689 | $103,678 | $80,734 |
| Home Value To Income | 3.7x | 4.1x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Lake Shore, MD Costs By Category
Detailed Lake Shore Services costs vs. Maryland
| Item | Lake Shore | Maryland |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $13.69 | $12.13 |
| Bowling | $23.03 | $18 |
| Haircut | $28.33 | $24.26 |
| Beauty Salon | $58.17 | $45.56 |
Detailed Lake Shore Groceries costs vs. Maryland
| Item | Lake Shore | Maryland |
|---|---|---|
| Ground Beef | $6.23 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $5.46 | $4.93 |
| Pizza | $13.24 | $12.09 |
| Beer | $10.36 | $10.41 |
| Toothpaste | $3.69 | $3.7 |
Detailed Lake Shore Health costs vs. Maryland
| Item | Lake Shore | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
Detailed Lake Shore Transportation costs vs. Maryland
| Item | Lake Shore | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
Detailed Lake Shore Utilities costs vs. Maryland
| Item | Lake Shore | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
Lake Shore SnackAbility
Cost Of Living In Cities Around Lake Shore
The cost of living varies in the cities and towns around Lake Shore. Here's a quick look at the cost of living in the most populous nearby places:
Glen Burnie, MD has a cost of living index of 120, 0.9x Lake Shore.
Bowie, MD has a cost of living index of 133, 1.0x Lake Shore.
Severna Park, MD has a cost of living index of 154, 1.1x Lake Shore.
| City | Population | Cost Of Living | Vs. Lake Shore |
|---|---|---|---|
| Glen Burnie, MD | 72,590 | 120 | 0.9x |
| Bowie, MD | 57,926 | 133 | 1.0x |
| Severna Park, MD | 40,228 | 154 | 1.1x |
| Pasadena, MD | 34,309 | 127 | 0.9x |
| Crofton, MD | 29,549 | 140 | 1.0x |
| Ilchester, MD | 28,364 | 139 | 1.0x |
| Elkridge, MD | 26,283 | 134 | 1.0x |
| North Laurel, MD | 25,563 | 137 | 1.0x |
| Arnold, MD | 24,303 | 144 | 1.1x |
| Riviera Beach, MD | 12,192 | 122 | 0.9x |
