Baltimore, Maryland has an overall cost of living index of 103.2, which is 3.2 points above the US average of 100 — making it pricier than most American cities. Renters pay a median of $1,331 per month, while the typical home is valued around $229,600. Households earn a median of $62,177 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 25. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$62,177
Median Income / yr
Census ACS
$1,331
Median Rent / mo
Census ACS
$229,600
Median Home Value
Census ACS
103.2
Cost of Living Index
Studio FMR
$1,362
HUD · FY2024
1BR Fair Market Rent
$1,511
HUD · FY2024
2BR Fair Market Rent
$1,857
HUD · FY2024
3BR Fair Market Rent
$2,358
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
103.2
Goods
101.5
Rents / Housing
116.8
Services
110.1
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $151,370 |
| Registered Nurse | $97,130 |
| Elementary Teacher | $72,670 |
| Electrician | $69,850 |
| Accountant | $93,520 |
| Plumber | $68,310 |
| Nurse Practitioner | $232,520 |
| Civil Engineer | $106,560 |
| Operations Manager | $127,880 |
| Market Research Analyst | $78,020 |
| Health Services Manager | $152,310 |
| Truck Driver | $58,560 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | $148,640 |
Source: BLS OEWS 2023 (metro-level data)
Population
573,243
Latest estimate
Median Age
36.2 yrs
Census ACS
25.0
Good0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
33
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,340
Per month
Avg Home Value
$242,177
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 21201 | — | $1,249 | $251,900 |
| ZIP 21202 | — | $1,438 | $268,400 |
| ZIP 21205 | — | $1,024 | $67,500 |
| ZIP 21206 | — | $1,141 | $197,500 |
| ZIP 21207 | — | $1,343 | $238,700 |
| ZIP 21208 | — | $1,546 | $286,500 |
| ZIP 21209 | — | $1,587 | $393,600 |
| ZIP 21210 | — | $1,471 | $479,800 |
| ZIP 21211 | — | $1,595 | $262,300 |
| ZIP 21212 | — | $1,327 | $343,900 |
Showing top 10 of 33 tracked neighborhoods.
January Avg
37°F
July Avg
81°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.6
poor
Hospitals
17
Doctors per 1,000
1.00
Insurance Coverage
94.1%
Baltimore has a Regional Price Parity (RPP) index of 103.2. The US national average is 100, so Baltimore is 3.2 points above the national average.
The median gross rent in Baltimore is $1,331 per month according to US Census ACS data.
The median household income in Baltimore is $62,177 per year.
The median home value in Baltimore is $229,600 based on the latest Census ACS survey.
Baltimore has an average Air Quality Index (AQI) of 25.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
Tax data for Maryland is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology