What Are the Everyday Living Costs in Baltimore, MD in 2024?
The average monthly cost of living in Baltimore, MD is $4,051, which is 10% lower than the U.S. average ($4,521). The average monthly cost of rent is $1,641, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,410 per month.
Baltimore, MD is ranked 206th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of the expensive cities in which to live in the U.S.
Cost of Living (for Renters / Monthly)
Rent
$1,641
Utilities
$453
Transportation
$162
Groceries
$767
Other
$1,028
Total
$4,051
What Are the Everyday Living Costs in Baltimore, MD in 2024?
The average monthly cost of living in Baltimore, MD for singles is $2,678, which is 9% lower than the U.S. average ($2,956). The average monthly cost of rent for singles is $1,033, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $1,646 per month.
Baltimore, MD is ranked 204th out of the 333 most populated cities in the U.S. for having the lowest cost of living for singles. Therefore, it is considered as one of the expensive cities for singles in which to live in the U.S.
Cost of Living (for Single Renters / Monthly)
Rent
$1,033
Utilities
$264
Transportation
$96
Groceries
$388
Other
$899
Total
$2,680
What Are the Everyday Living Costs in Baltimore, MD in 2024?
The average monthly cost of living in Baltimore, MD for couples is $4,051, which is 10% lower than the U.S. average ($4,519). The average monthly cost of rent for couples is $1,604, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,447 per month.
Baltimore, MD is ranked 209th out of the 333 most populated cities in the U.S. for having the lowest cost of living for couples. Therefore, it is considered as one of the expensive cities for couples in which to live in the U.S.
Cost of Living (for Couple Renters / Monthly)
Rent
$1,604
Utilities
$445
Transportation
$191
Groceries
$775
Other
$1,035
Total
$4,050
What Are the Everyday Living Costs in Baltimore, MD in 2024?
The average monthly cost of living in Baltimore, MD for single parents is $3,855, which is 8% lower than the U.S. average ($4,172). The average monthly cost of rent for single parents is $1,604, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,251 per month.
Baltimore, MD is ranked 198th out of the 333 most populated cities in the U.S. for having the lowest cost of living for single parents. Therefore, it is considered as one of the expensive cities for single parents in which to live in the U.S.
Cost of Living (for Single Parent Renters / Monthly)
Rent
$1,604
Utilities
$436
Transportation
$124
Groceries
$673
Other
$1,017
Total
$3,854
What Are the Everyday Living Costs in Baltimore, MD in 2024?
The average monthly cost of living in Baltimore, MD for families is $5,619, which is 12% lower than the U.S. average ($6,392). The average monthly cost of rent for families is $2,324, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $3,295 per month.
Baltimore, MD is ranked 222nd out of the 333 most populated cities in the U.S. for having the lowest cost of living for families. Therefore, it is considered as one of the expensive cities for families in which to live in the U.S.
Cost of Living (for Family Renters / Monthly)
Rent
$2,324
Utilities
$668
Transportation
$237
Groceries
$1,231
Other
$1,159
Total
$5,619
What Salary Do You Need to Live Comfortably in Baltimore, MD in 2024?
Overall, on average, a gross annual salary of $66,305 is required for an average quality of life in Baltimore, MD.
Is the Cost of Living High in Baltimore, MD?
Baltimore, MD is ranked 206th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the expensive cities in which to live in the U.S. Baltimore, MD's average monthly rent is 22% lower than the U.S. average cost of rent.
Is $50,000 a Good Salary in Baltimore, MD in 2024?
A gross annual salary of $50,000 in Baltimore, MD will yield an average annual net salary of $43,442. Considering that the total average annual cost of living in Baltimore, MD is $48,609, a gross annual salary of $50,000 will be insufficient to cover average living costs.
How Much Should You Pay for Rent in Baltimore, MD?
The average monthly rent in Baltimore, MD in the city center is $1,506 for a 1 bedroom apartment, $1,906 for a 2 bedroom apartment and $2,404 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,101 for a 1 bedroom apartment, $1,403 for a 2 bedroom apartment and $1,800 for a 3 bedroom apartment.