Lexington Park, MD vs Owings Mills, MD

Lexington Park is moderately more affordable than Owings Mills, with a 6.1% lower cost of living index. Lexington Park scores 111 compared to 119 for Owings Mills, where the US average is 100. This difference means residents of Owings Mills can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lexington Park is $1,693/month compared to $1,815/month in Owings Mills — a 7% difference. Home values follow the same pattern: Lexington Park is more affordable at $294,500 median vs $335,000.

Median household income in Lexington Park is $89,167 compared to $94,046 in Owings Mills (-5.2%). The higher salaries in Owings Mills partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lexington Park spend roughly 22.8% of their income on rent, less than the 23.2% in Owings Mills.

Climate-wise, both cities share similar average temperatures (58.3°F vs 59.1°F). Lexington Park receives more rainfall at 45.3" per year compared to 43.7" in Owings Mills.