Housing costs in Baltimore?
A typical home costs
$172,600, which is 49.0% less expensive than the national average of
$338,100 and 55.5% 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 21218), Maryland, a minimum annual income of
$33,120 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Baltimore?
The cost of living in 21218 Baltimore, MD is relatively affordable compared to other areas in the country. The median home price in 21218 is $199,900, which is comparable to the national median home price of $214,400. Renters in 21218 can expect to pay an average of about $1,558 a month for a two-bedroom apartment or rental property. Grocery prices are in line with the national average and transportation costs such as gas and public transportation are also comparable. The overall cost of living in 21218 is considered to be slightly lower than the national average due to its reasonable housing costs.