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Baltimore City · Maryland

Cost of living in Baltimore, MD

Price levels published by the Bureau of Economic Analysis for Baltimore-Columbia-Towson, MD, with the national average set to 100 — so 108 means things cost 8% more here than the US average.

Quick answer

Living in Baltimore, MD costs 4.5% above the national average — an all-items price level of 104.5. To match the buying power of a $100,000 national-average salary you would need about $104,487 here.

All items
104.5US average = 100
Housing
118.218.2% above the national average
Goods
102.42.4% above the national average
Other services
101.51.5% above the national average

Price level by component

Where the difference actually comes from.

ComponentIndexvs USWhat it covers
Goods102.4+2.4%Groceries, fuel, clothing, durable purchases.
Housing118.2+18.2%Rents and imputed rents — the biggest single swing factor.
Utilities110.2+10.2%Electricity, gas, water and other household energy.
Other services101.5+1.5%Healthcare, dining, repairs, personal services.

What your salary is worth in Baltimore, MD

Enter a salary. We deflate it by the local price level (104.5 where 100 is the US average) and show what you would need to earn here to match the same pay somewhere average.

Real value here
$55,843
Needed to match US average
$60,967
Monthly difference
$218

What a local paycheck is really worth

Nominal pay is only half the story.

The median household in Baltimore earns $58,349. Deflated by the local price level, that is $55,843 in national-average dollars — the BEA calls this real income, and it is simply income × 100 ÷ 104.5.

Run your own salary through the comparison tool →

Same city, other datasets.

Source: US Bureau of Economic Analysis, Regional Price Parities

2024 BEA Regional Price Parities, published for Baltimore-Columbia-Towson, MD. Parities are metro-wide, so a single neighbourhood can sit well above or below these figures.