Lanham, MD vs Pikesville, MD

Pikesville is moderately more affordable than Lanham, with a 14.9% lower cost of living index. Lanham scores 137 compared to 119 for Pikesville, 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 $1,646/month in Pikesville — a 30% difference. Home values follow the same pattern: Pikesville is more affordable at $404,100 median vs $413,800.

Median household income in Lanham is $95,488 compared to $97,218 in Pikesville (-1.8%). Pikesville 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 20.3% in Pikesville.

Climate-wise, both cities share similar average temperatures (59.3°F vs 59.1°F). Pikesville receives more rainfall at 43.7" per year compared to 41.8" in Lanham.