Cost of Living in Golden Beach, MD

With a cost of living index of 107, Golden Beach, MD is somewhat more expensive than average. Living here is 7% more expensive than the national average and 12% below the Maryland state average of 119. Golden Beach is a small community of 3,953 residents.

The median household income in Golden Beach is $140,313, which is 87% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Golden Beach. The area sees an average annual temperature of 58.3°F, with summers averaging 77°F and winters around 39°F. Annual rainfall totals 45.3 inches spread over roughly 118 days.

Everyday prices in the Lexington Park, MD (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.