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Lake Shore, MD vs Odenton, MD

129
Lake Shore
Maryland
VS
-4.7%
136
Odenton
Maryland

Lake Shore, MD and Odenton, MD have a very similar cost of living, with only a 4.7% difference in their overall index. Lake Shore scores 129 while Odenton scores 136 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 Lake Shore is $1,793/month compared to $2,174/month in Odenton — a 18% difference. Interestingly, home values tell a different story: while Lake Shore has cheaper rent, Odenton actually has lower median home values ($408,400 vs $471,500).

Median household income in Lake Shore is $127,453 compared to $126,455 in Odenton (+0.8%). Lake Shore offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lake Shore spend roughly 16.9% of their income on rent, less than the 20.6% in Odenton.

Climate-wise, both cities share similar average temperatures (57.7°F vs 56.2°F). Odenton receives more rainfall at 45" per year compared to 44" in Lake Shore.

Income & Cost

Cost of Living Index
Lake Shore
129
5% cheaper
Odenton
136
Median Household Income
Lake Shore
$127,453
1% higher
Odenton
$126,455

Housing

Median Rent
Lake Shore
$1,793
18% cheaper
Odenton
$2,174
Median Home Value
Lake Shore
$471,500
Odenton
$408,400
13% cheaper
Population
Lake Shore
18,263
Odenton
45,585

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lake Shore $3.11
Odenton $3.11
US $3.07
🥚
Eggs (grade A, large)
Lake Shore $2.54
Odenton $2.54
US $2.50
🥛
Milk (whole)
Lake Shore $4.09
Odenton $4.09
US $4.03
🍞
Bread (white)
Lake Shore $1.88
Odenton $1.88
US $1.85
🍗
Chicken breast
Lake Shore $4.20
Odenton $4.20
US $4.14
Electricity
Lake Shore $0.21
Odenton $0.21
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lake Shore 57.7°F
Odenton 56.2°F
Summer High
Lake Shore 86°F
Odenton 89°F
Winter Low
Lake Shore 30°F
Odenton 25°F
Rainfall
Lake Shore 44"
Odenton 45"
Rainy Days
Lake Shore 0d
Odenton 121d