Housing costs in Baltimore?
A typical home costs
$71,800, which is 78.8% less expensive than the national average of
$338,100 and 81.5% 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 21223), Maryland, a minimum annual income of
$13,680 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Baltimore?
The cost of living in 21223 Baltimore, MD is generally considered to be fairly reasonable compared to other major cities in the region. According to Sperling's Best Places, the estimated prices of housing, groceries, utilities, transportation and health care total approximately 40% lower than the national average. Rent prices tend to be more affordable than many other cities in the area and range from $750 for a one-bedroom unit to about $1,400 for a three-bedroom house or apartment. Grocery prices are also slightly below the average level as well.The overall cost of living in 21223 Baltimore is relatively low and makes living there a good option for those looking for an affordable place to call home.