Leonardtown, MD vs New Market, MD
Leonardtown, MD and New Market, MD have a very similar cost of living, with only a 4.2% difference in their overall index. Leonardtown scores 134 while New Market scores 140 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 Leonardtown is $1,793/month compared to $1,694/month in New Market — a 6% difference. Interestingly, home values tell a different story: while New Market has cheaper rent, Leonardtown actually has lower median home values ($528,100 vs $607,700).
Median household income in Leonardtown is $148,276 compared to $198,080 in New Market (-25.1%). While New Market is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Leonardtown spend roughly 14.5% of their income on rent, more than the 10.3% in New Market.
Climate-wise, both cities share similar average temperatures (58.3°F vs 55.4°F). Leonardtown receives more rainfall at 45.3" per year compared to 35.6" in New Market.
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Everyday Prices
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Climate
NOAA 30-year normals (1991-2020)