Burnt Mills, MD vs Lanham, MD
Burnt Mills, MD and Lanham, MD have a very similar cost of living, with only a 2.7% difference in their overall index. Burnt Mills scores 141 while Lanham scores 137 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Burnt Mills is $1,838/month compared to $2,132/month in Lanham — a 14% difference. Interestingly, home values tell a different story: while Burnt Mills has cheaper rent, Lanham actually has lower median home values ($413,800 vs $568,100).
Median household income in Burnt Mills is $109,402 compared to $95,488 in Lanham (+14.6%). While Burnt Mills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Burnt Mills spend roughly 20.2% of their income on rent, less than the 26.8% in Lanham.
Climate-wise, both cities share similar average temperatures (59.3°F vs 59.3°F). Lanham receives more rainfall at 41.8" per year compared to 41.8" in Burnt Mills.
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