Baltimore, MD Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
101
Baltimore's Overall Cost Of Living
1.0x
Higher Than The National Average
10 out of 188
In Maryland
3,263 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Baltimore is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Baltimore, MD?

According to the most recent data on the cost of living, Baltimore has an overall cost of living index of 101 which is 1.0x higher than the national index of 100.

Compared to only Maryland, Baltimore has a cost of living index that's 0.8x lower than Maryland's index of 120.

The standard of living in Baltimore ranks as #3,263 most affordable out of the 6,418 places we measured in Maryland. By definition, that implies Baltimore ranks as the #3,156 most expensive place in the Old Line State.

For more reading on life in Baltimore, check out:

Baltimore Cost Of Living Vs. Maryland

Living Expense Baltimore Maryland National Average
Overall 101 120 100
Services 106 111 100
Groceries 112 114 100
Health 86 84 100
Housing 91 151 100
Transportation 103 109 100
Utilities 107 108 100
For more reading on cost of living around Maryland, check out:
Baltimore Cost of Living Vs. MD

Baltimore, MD Housing Cost Breakdown

Housing swings affordability the most between places in Maryland, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$167,300
Median Home Value
$1,094
Median Rent
$52,164
Median Income
Statistic Baltimore Maryland United States
Median Home Value $167,300 $325,400 $229,800
Median Rent $1,094 $1,415 $1,096
Median Income $52,164 $87,063 $64,994
Home Value To Income 3.2x 3.7x 3.5x
Rent To Monthly Income 0.25x 0.2x 0.2x

Detailed Baltimore Services Costs Vs. Maryland

Item Baltimore Maryland
Shampoo $1.0 $1.06
Movie $13.19 $10.68
Bowling $17.08 $14.67

Detailed Baltimore Groceries Costs Vs. Maryland

Item Baltimore Maryland
Ground Beef $4.27 $4.22
Fried Chicken $1.66 $1.39
Milk $2.39 $2.05

Detailed Baltimore Health Costs Vs. Maryland

Item Baltimore Maryland
Haircut $22.28 $18.62
Beauty Salon $52.83 $39.05
Toothpaste $4.47 $2.34

Detailed Baltimore Transportation Costs Vs. Maryland

Item Baltimore Maryland
Potatoes $4.1 $3.29
Pizza $11.99 $10.62
Beer $9.19 $9.38
Optometrist $82.95 $108.57
Doctor $93.69 $116.17
Dentist $84.98 $99.13

Detailed Baltimore Utilities Costs Vs. Maryland

Item Baltimore Maryland
Gasoline $2.15 $2.22
Tire Balancing $54.77 $50.07
All Electricity $176.72 $167.67
Phone $192.13 $175.64

Baltimore SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
8
Affordability
5
Diversity
9
Safety
N/A
Amenities
10
Education
7
Commute
4

Cost Of Living In Cities Around Baltimore

City Population Cost Of Living Vs. Baltimore
Columbia, MD 105,412 129 1.3x
Dundalk, MD 63,826 98 1.0x
Towson, MD 57,542 123 1.2x
Severna Park, MD 38,729 146 1.4x
Parkville, MD 30,459 107 1.1x
Ilchester, MD 26,873 133 1.3x
North Laurel, MD 24,856 129 1.3x
Arnold, MD 24,334 134 1.3x
Elkridge, MD 21,778 127 1.3x
Rosedale, MD 19,963 105 1.0x

Articles About Maryland

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