Overall
100.8
+0.8 above avg
Cost-of-living indicators for Lexington Park, MD, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.
CBSA: 30500 · Data year: 2024 · Rank: #74 of 387
Lexington Park, MD has a cost of living index of 100.8, meaning it's 0.8% more expensive than the national average. Goods cost 0.3% less, services 6.4% more, and rents are 3.8% above average. A $100K national salary has the purchasing power of $99,246 here.
Lexington Park ranks #74 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the top quartile for cost. With an overall Regional Price Parity of 100.8, Lexington Park, MD is 0.8% more expensive than the national baseline of 100. The gap between Lexington Park's most and least expensive categories — services at 106.4 versus goods at 99.7 — is what drives the household budget experience on the ground, not the single headline number.
Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $99,246 inside Lexington Park, while a household needs roughly $100,760 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 103.8 — 3.8% above the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.
Looking at the 2008-2024 trajectory, Lexington Park's overall index has fallen by 2.2 points, improving relative affordability. For the 2024 data year, goods are indexed at 99.7 and services at 106.4, meaning everyday spending in Lexington Park is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.
Regional Price Parity vs national average (100)
BEA RPP composition by goods, services, rents, overall
Overall
100.8
+0.8 above avg
Goods
99.7
-0.3 below avg
Services
106.4
+6.4 above avg
Rents
103.8
+3.8 above avg
Index 100.8 (+0.8 vs national avg)
Index 99.7 (-0.3 vs national avg)
Index 106.4 (+6.4 vs national avg)
Index 103.8 (+3.8 vs national avg)
Vertical line on each bar = national average (100)
$75,000 median income vs RPP 100.8
A $100,000 salary at the national average cost of living equals:
in Lexington Park, MD purchasing power
Use the salary calculator for custom amounts.
The cost of living has been trending downward, decreasing by 2.2 points over this period.
| Year | Overall |
|---|---|
| 2008 | 103.0 |
| 2009 | 101.1 |
| 2010 | 102.8 |
| 2011 | 104.0 |
| 2012 | 102.6 |
| 2013 | 103.7 |
| 2014 | 103.4 |
| 2015 | 104.3 |
| 2016 | 103.3 |
| 2017 | 98.0 |
| 2018 | 100.6 |
| 2019 | 99.1 |
| 2020 | 101.4 |
| 2021 | 99.0 |
| 2022 | 103.1 |
| 2023 | 102.7 |
| 2024 | 100.8 |
These metros have an overall RPP closest to Lexington Park, MD's index of 100.8.
Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.