Housing costs in Baltimore?
A typical home costs
$297,400, which is 12.0% less expensive than the national average of
$338,100 and 23.4% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Baltimore costs
$1,780 per month, which is 9.9% more than the national average of
$1,620 and 12.9% more than the state average of
$1,550.
Can I afford Baltimore?
To live comfortably in Baltimore (zip 21230), Maryland, a minimum annual income of
$56,880 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Baltimore?
The cost of living in 21230 Baltimore, MD is relatively high, but still affordable. The median home price in the area is around $225,000, with rental prices ranging from $900 to $1,250 per month. Groceries and dining out can be more expensive than other cities due to the city's higher taxes. Utilities such as electricity and gas are fairly reasonable compared to the national average. Overall, the cost of living in 21230 Baltimore, MD is quite manageable when considering all of the amenities and benefits that come with living in this vibrant city.