Laurel, MD vs Waldorf, MD

Laurel, MD and Waldorf, MD have a very similar cost of living, with only a 2.7% difference in their overall index. Laurel scores 125 while Waldorf scores 129 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 Laurel is $1,878/month compared to $1,949/month in Waldorf — a 4% difference. Home values follow the same pattern: Laurel is more affordable at $367,300 median vs $383,100.

Median household income in Laurel is $94,063 compared to $115,453 in Waldorf (-18.5%). While Waldorf is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Laurel spend roughly 24% of their income on rent, more than the 20.3% in Waldorf.

Climate-wise, Waldorf is notably warmer with an average of 59.3°F compared to 56.2°F in Laurel. Laurel receives more rainfall at 45" per year compared to 41.8" in Waldorf.