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Lake Shore, MD vs Wheaton, MD

129
Lake Shore
Maryland
VS
-9.8%
143
Wheaton
Maryland

Lake Shore is moderately more affordable than Wheaton, with a 9.8% lower cost of living index. Lake Shore scores 129 compared to 143 for Wheaton, where the US average is 100. This difference means residents of Wheaton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lake Shore is $1,793/month compared to $2,151/month in Wheaton — a 17% difference. Home values follow the same pattern: Lake Shore is more affordable at $471,500 median vs $483,100.

Median household income in Lake Shore is $127,453 compared to $107,349 in Wheaton (+18.7%). 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 24% in Wheaton.

Climate-wise, both cities share similar average temperatures (57.7°F vs 59.3°F). Lake Shore receives more rainfall at 44" per year compared to 41.8" in Wheaton.

Income & Cost

Cost of Living Index
Lake Shore
129
10% cheaper
Wheaton
143
Median Household Income
Lake Shore
$127,453
16% higher
Wheaton
$107,349

Housing

Median Rent
Lake Shore
$1,793
17% cheaper
Wheaton
$2,151
Median Home Value
Lake Shore
$471,500
2% cheaper
Wheaton
$483,100
Population
Lake Shore
18,263
Wheaton
52,172

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lake Shore $3.11
Wheaton $3.26
US $3.07
🥚
Eggs (grade A, large)
Lake Shore $2.54
Wheaton $2.66
US $2.50
🥛
Milk (whole)
Lake Shore $4.09
Wheaton $4.28
US $4.03
🍞
Bread (white)
Lake Shore $1.88
Wheaton $1.97
US $1.85
🍗
Chicken breast
Lake Shore $4.20
Wheaton $4.41
US $4.14
Electricity
Lake Shore $0.21
Wheaton $0.20
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lake Shore 57.7°F
Wheaton 59.3°F
Summer High
Lake Shore 86°F
Wheaton 90°F
Winter Low
Lake Shore 30°F
Wheaton 30°F
Rainfall
Lake Shore 44"
Wheaton 41.8"
Rainy Days
Lake Shore 0d
Wheaton 118d