Cost of Living in Lusby, MD

With a cost of living index of 99, Lusby, MD is right around the national average in cost. Living here is 1% cheaper than the national average and 20% below the Maryland state average of 119. Lusby is a small community of 2,161 residents.

Housing costs are the biggest factor in Lusby's cost of living. The median monthly rent is $1,193 (10% below the US median of $1,319), and the median home value sits at $327,500 (7% above the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.

The median household income in Lusby is $130,543, which is 74% higher than the national median of $75,149. Residents spend roughly 11% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Lusby. 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.