Baltimore

Baltimore, Maryland is a mid-size city with a population of approximately 565,239. The overall cost of living index sits at 96, which is near the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 4% less expensive compared to the typical U.S. city.

Housing is the largest cost driver in Baltimore. Median rent is $1,708 per month, while the median home price is $187,545. At a median household income of $59,623, rent consumes roughly 34% of gross income, which represents a moderate housing cost burden. The housing sub-index of 90 sits close to the national norm.

Beyond housing, healthcare is the most elevated non-shelter expense in Baltimore with a sub-index of 99, while utilities is comparatively more affordable at 88. State-level taxes also shape the true cost of living: Maryland applies a 5.75% income tax rate, and property tax averages 0.87% of assessed home value. The combined sales tax rate is 6.00%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Baltimore has remained relatively stable. Among the 1 tracked cities in Maryland, Baltimore ranks #1 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Baltimore actually costs.