Baltimore, MD — Cost of Living, Housing & Relocation Guide [2026]
COL: 108.4 569,931

Baltimore, MD

Charm City with crab cakes, Inner Harbor, and surprisingly affordable row houses.

Updated June 29, 2026
Cost of Living 108.4

Above Average vs US avg (100)

Housing Index 112.5

Above Average

Median Income $52,000

Household income

Unemployment 4.2%

Job market health

Baltimore vs National Average

Overall COL
Baltimore: 108.4
National: 100
Housing
Baltimore: 112.5
National: 100
State Income Tax
Baltimore: 5.75%
US Avg: ~5%

Taxes

  • State Income: 5.75%
  • Sales Tax: 6%

Economy & Jobs

  • Median Income: $52,000
  • Unemployment: 4.2%
  • Population: 569,931

Climate

  • Sunny Days: 213/year
  • Summer High: 87°F
  • Winter Low: 28°F

Housing

  • Median Home: $195,000
  • 1BR Rent: $1450/mo

Overview

Baltimore is a city in MD with a population of 569,931. Charm City with crab cakes, Inner Harbor, and surprisingly affordable row houses.

Cost of Living

Baltimore’s cost of living index is 108.4 (US average = 100).

CategoryBaltimoreNational AverageDifference
Overall108.4100+8.4%
Housing112.5100+12.5%
Utilities98.5100-1.5%
Groceries96.8100-3.2%
Transportation104.2100+4.2%
Healthcare100.5100+0.5%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$195,000
Median Rent (1BR)$1,450/month
Median Rent (2BR)$1,812/month
Price per Sq Ft$130
Year-over-Year Change+0.8%

Data source: Zillow Research, May 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Best Neighborhoods

Downtown Baltimore

The heart of the city with restaurants, shops, and entertainment. Average rent: $1,740/month.

Baltimore Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: $1,595/month.

East Baltimore

Up-and-coming neighborhood with new developments and young professionals. Average rent: $1,305/month.

West Baltimore

Family-friendly area with parks and good schools. Average rent: $1,377/month.

Remote Work Score

Baltimore scores 115/100 for remote work readiness:

  • Internet Speed: Average 200 Mbps (Good)
  • Coworking Spaces: 15+ locations (Good)
  • Cost of Living: Moderate (Good)
  • Climate: 213 sunny days/year (Good)
  • Quality of Life: High (Good)

Climate

Baltimore has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January48°F28°F2.5"
April72°F43°F2.8"
July87°F62°F1.5"
October67°F46°F2.2"

Taxes

  • State Income Tax: 5.75%
  • Sales Tax: 6.0%
  • Property Tax: ~0.8% of assessed value

Economy

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 4.2%.

FAQ

Is baltimore-md a good place to live?

baltimore-md offers a strong combination of affordability, job opportunities, and quality of life. Use our cost of living calculator and relocation guides to see if it fits your budget and lifestyle.

What is the cost of living in baltimore-md?

The cost of living in baltimore-md varies by neighborhood and lifestyle. Check our detailed cost breakdown above for specific numbers on housing, groceries, utilities, and transportation.

How much do I need to earn to live comfortably in baltimore-md?

Use our Salary Equivalence Calculator to find out how much you need to earn in baltimore-md to maintain your current standard of living.

Data Sources

  • Cost of living: Council for Community and Economic Research (C2ER)
  • Housing data: Zillow Research
  • Demographics: US Census Bureau
  • Climate: National Oceanic and Atmospheric Administration (NOAA)
  • Taxes: Tax Foundation

Last updated: June 29, 2026

Disclaimer: All data on this page is provided for informational purposes only and does not constitute financial, legal, tax, or real estate advice. Cost of living indices, housing prices, tax rates, and other figures are estimates based on publicly available data and may not reflect current market conditions. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

URCity participates in affiliate marketing programs. When you click an affiliate link and make a purchase, we may earn a commission at no extra cost to you. This helps us keep the site free. See our Affiliate Disclosure for details.