Housing costs in Baltimore?
A typical home costs
$103,500, which is 69.4% less expensive than the national average of
$338,100 and 73.3% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Baltimore costs
$1,230 per month, which is 24.1% cheaper than the national average of
$1,620 and 26.0% cheaper than the state average of
$1,550.
Can I afford Baltimore?
To live comfortably in Baltimore (zip 21213), Maryland, a minimum annual income of
$19,800 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Baltimore?
The cost of living in 21213 Baltimore, MD is relatively high. The median home cost in the area is $291,400, which is almost double the national median home value of $184,700. Additionally, the average rent for a one-bedroom apartment is around $1299 per month. Transportation costs can also be high due to the area's dependence on public transportation and limited access to highways. Additionally, groceries and other day-to-day expenses may be more expensive in this area than other parts of Maryland due to higher taxes and higher wages for hourly workers. Overall, living in 21213 Baltimore, MD can be costly but is often worth it with its diversity and central location within Maryland.