Cost of Living in Baltimore City, MD
| Cost of Living in Baltimore City, MD | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 11% lower | 14% lower |
| Utilities (Monthly) | 0% | 11% higher |
| Food | 1% lower | 3% higher |
| Healthcare | 13% lower | 6% lower |
| Transportation | 0% | 4% higher |
| Goods & Services | 14% higher | 8% higher |
The cost of living in Baltimore City, MD is same as the state average and same as the national average. Baltimore City, MD housing is 14% cheaper than the U.S average, while utilities are about 11% pricier. When it comes to basic necessities such as food and clothing, groceries are around 3% pricier in Baltimore City, MD than in the rest of the country, while clothing costs around 8% more .
Healthcare services such as doctor check-ups and dentistry cost 6% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 8% pricier in Baltimore City, MD.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Baltimore City is $1,638, while home prices circle around $390,678.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Baltimore City, energy bills cost around $236.31 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.64 in Baltimore City, a dozen eggs go for around $3.35 and a pound of potatoes circles around $4.86.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Baltimore City, an optometry check-up costs around $119.20, while a dentist appointment is priced $116.91 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.41 in Baltimore City, while getting your tires balanced will run you about $67.80.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $41.00 here. Meanwhile, a pair of women's slacks will set you back around $32.33.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Baltimore City, you should budget around $14.74 a month. When it comes to personal services, a haircut usually goes for $27.14, while dry cleaning costs about $10.38.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Baltimore City, the median household income is $62,965.