The Cost of Living in Lanham, MD – What You Need to Know

💰 Is Lanham, MD Affordable? Let’s Break It Down!

When moving to a new area, cost of living is one of the most important factors to consider. Lanham, MD, offers a suburban lifestyle with moderate costs, making it a great alternative to living in Washington, DC. Here’s a complete breakdown of what it costs to live in Lanham!

🏡 Housing Costs

Housing is the biggest expense in Lanham, but it remains more affordable than DC or Northern Virginia.

Median Home Price: ~$400,000
Townhomes: $300,000 - $450,000
Single-Family Homes: $350,000 - $500,000+
Condos: $250,000 - $350,000
Rent: $1,800 - $2,500/month for a 2-3 bedroom apartment

Property taxes in Lanham are around 1.45% of a home’s assessed value—reasonable compared to the rest of Maryland.

💡 Utilities & Monthly Bills

Your monthly expenses in Lanham will vary, but here’s a general estimate:

Electricity & Gas: $100 - $200/month
Water & Sewer: $40 - $80/month
Internet & Cable: $50 - $150/month

Utilities in Lanham are comparable to other DC Metro suburbs, with winter heating costs being a factor.

🛒 Grocery & Food Costs

Grocery prices in Lanham are slightly above the national average but still reasonable.

Milk: $4/gallon
Eggs: $3 - $4/dozen
Bread: $3/loaf
Chicken (per lb): $4 - $6

Dining out? Here’s what to expect:

Fast Food Meal: $8 - $12
Casual Dining: $15 - $25 per person
Fine Dining: $40 - $60 per person

🚗 Transportation Costs

Commuting costs depend on how you get around.

Gas Prices: $3.50 - $4.00/gallon
Metro to DC: $3 - $6 per ride
Parking in DC: $15 - $30/day

Many residents use public transit to avoid high gas and parking costs.

🏥 Healthcare Costs

Healthcare in Lanham is close to the national average.

Doctor’s Visit: $120 - $200
Dental Checkup: $100 - $150
Urgent Care Visit: $150 - $250

Several hospitals and clinics, including Doctors Community Medical Center, serve the area.

📌 Final Thoughts: Is Lanham Affordable?

Pros:
✅ Lower home prices than DC and Northern Virginia
✅ Public transit access to reduce commuting costs
✅ Diverse housing options for different budgets

Cons:
❌ Higher cost of living than more rural Maryland areas
❌ Commuting costs can add up for those driving into DC

Lanham is an excellent choice for affordability, convenience, and suburban comfort without the high price tag of living in Washington, DC!

📲 Considering buying or renting in Lanham? Contact me today!