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Lutherville, MD vs Owings, MD

114
Lutherville
Maryland
VS
-8.3%
125
Owings
Maryland

Lutherville is moderately more affordable than Owings, with a 8.3% lower cost of living index. Lutherville scores 114 compared to 125 for Owings, where the US average is 100. This difference means residents of Owings can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Lutherville are $425,200 compared to $592,900 in Owings, a 28% gap.

Median household income in Lutherville is $119,214 compared to $171,194 in Owings (-30.4%). While Owings is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (59.1°F vs 57.7°F). Owings receives more rainfall at 44" per year compared to 43.7" in Lutherville.

Income & Cost

Cost of Living Index
Lutherville
114
8% cheaper
Owings
125
Median Household Income
Lutherville
$119,214
Owings
$171,194
30% higher

Housing

Median Rent
Lutherville
$1,428
Owings
Median Home Value
Lutherville
$425,200
28% cheaper
Owings
$592,900
Population
Lutherville
6,670
Owings
2,475

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lutherville $3.11
Owings $3.11
US $3.07
🥚
Eggs (grade A, large)
Lutherville $2.54
Owings $2.54
US $2.50
🥛
Milk (whole)
Lutherville $4.09
Owings $4.08
US $4.03
🍞
Bread (white)
Lutherville $1.88
Owings $1.88
US $1.85
🍗
Chicken breast
Lutherville $4.20
Owings $4.20
US $4.14
Electricity
Lutherville $0.21
Owings $0.19
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lutherville 59.1°F
Owings 57.7°F
Summer High
Lutherville 90°F
Owings 86°F
Winter Low
Lutherville 30°F
Owings 30°F
Rainfall
Lutherville 43.7"
Owings 44"
Rainy Days
Lutherville 119d
Owings 0d