Lanham, MD vs Montgomery Village, MD

Montgomery Village is moderately more affordable than Lanham, with a 9.1% lower cost of living index. Lanham scores 137 compared to 126 for Montgomery Village, where the US average is 100. This difference means residents of Lanham can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lanham is $2,132/month compared to $1,883/month in Montgomery Village — a 13% difference. Home values follow the same pattern: Montgomery Village is more affordable at $367,100 median vs $413,800.

Median household income in Lanham is $95,488 compared to $96,487 in Montgomery Village (-1%). Montgomery Village offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lanham spend roughly 26.8% of their income on rent, more than the 23.4% in Montgomery Village.

Climate-wise, Lanham is notably warmer with an average of 59.3°F compared to 55.7°F in Montgomery Village. Montgomery Village receives more rainfall at 43.2" per year compared to 41.8" in Lanham.