Housing costs in Baltimore?
A typical home costs
$159,300, which is 52.9% less expensive than the national average of
$338,100 and 59.0% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Baltimore costs
$1,280 per month, which is 21.0% cheaper than the national average of
$1,620 and 21.1% cheaper than the state average of
$1,550.
Can I afford Baltimore?
To live comfortably in Baltimore (zip 21217), Maryland, a minimum annual income of
$30,600 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Baltimore?
The cost of living in 21217 Baltimore, MD is fairly reasonable. Groceries and health care costs are slightly below the national average, while housing costs are slightly higher than the average across the country. The median home value in this area is around $150,000, and rent is generally below $1,200 per month. While this is slightly more expensive than some other areas, it is still quite affordable when compared to larger cities in the country. Additionally, utility bills tend to be lower due to the mild temperature year-round. All in all, 21217 Baltimore has an affordable cost of living that makes it a great destination for those looking for a reasonably priced place to live.