Housing costs in Baltimore?
A typical home costs
$178,400, which is 47.2% less expensive than the national average of
$338,100 and 54.0% 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 21225), Maryland, a minimum annual income of
$34,200 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Baltimore?
The cost of living in 21225 Baltimore, MD is quite high. The area generally has more expensive housing costs than the national average. Additionally, monthly expenses such as utilities and transportation are also a bit more expensive. Groceries are slightly higher than the national average as well, but not by much. On the bright side, health care expenses in the area are generally cheaper than elsewhere in the country. Overall, while living in 21225 Baltimore can be a bit pricier than some other places, it is still a great place to live with plenty of amenities and activities for all ages.