Housing costs in Baltimore?
A typical home costs
$297,100, which is 12.1% 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
$1,440 per month, which is 11.1% cheaper than the national average of
$1,620 and 7.6% cheaper than the state average of
$1,550.
Can I afford Baltimore?
To live comfortably in Baltimore (zip 21212), Maryland, a minimum annual income of
$56,880 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Baltimore?
The cost of living in 21212 Baltimore, MD is relatively affordable compared to other parts of the country. The median home value is around $189,000 and the median rent is approximately $1,449. Utility costs are also reasonable with an average monthly rate for electricity, gas, and water of around $130. Property tax in the area is slightly above the national average but still generally lower than surrounding states. All of these factors make 21212 Baltimore an attractive place to live for those looking for a reasonably priced lifestyle in a vibrant city.