CostByCity

Baltimore, MD vs New York, NY

Cost of Living Comparison

Baltimore, MD is more affordable by 8.1 index points

Side-by-Side Comparison

CategoryBaltimore, MDNew York, NYDifference
Overall104.5112.6-8.1
Housing118.2148.6-30.4
Goods102.4110.3-7.9
Utilities110.2127.0-16.8
Other Services101.5105.8-4.3

Income & Housing Comparison

MetricBaltimore, MDNew York, NY
Median Household Income$94,167$93,610
Median Home Value$357,800$553,500
Median Monthly Rent$1,489$1,711
Per Capita Income$49,218$52,011

Frequently Asked Questions

Is Baltimore, MD or New York, NY cheaper to live in?
Baltimore, MD is more affordable. The cost of living difference is 8.1 index points (Baltimore, MD: 104.5, New York, NY: 112.6).
Where is housing cheaper, Baltimore, MD or New York, NY?
Housing is more affordable in Baltimore, MD. Housing index: Baltimore, MD (118.2) vs New York, NY (148.6).