Housing costs in Baltimore?
A typical home costs
$220,000, which is 34.9% less expensive than the national average of
$338,100 and 43.3% 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 21214), Maryland, a minimum annual income of
$42,120 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Baltimore?
The cost of living in 21214 Baltimore, MD is relatively high compared to other cities. The median home value in the area is around $225,000, and yearly rent can range from around $1,000 to $3,500 per month. Transportation costs are also on the higher side due to congestion in the city and its close proximity to Washington D.C. Groceries tend to be a bit more expensive than elsewhere due to being an urban center and lacking many discount stores. All in all, while it may be more expensive than other areas of Maryland or even the country at large, 21214 Baltimore has much to offer with its thriving culture and unique attractions.