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Baltimore, MD

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
65
Very Affordable
Median Home Value
$219,300
National: $426,735
Median Rent
$1,290/mo
National: $1,527/mo
Household Income
$59,623
National: $84,532
Population
577,193
Purchasing Power
109
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
51 / 100
100 = national average
Rent Index
84 / 100
Overall Index
65
Very Affordable

Baltimore Mortgage Calculator

Pre-filled with the local median home value of $219,300 and Maryland's property tax rate of 1.07%.

Salary & Purchasing Power

Median household income is $59,623 29% below the national average.

What $59,623 in Baltimore Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$138,509+132%
Los Angeles, CA$155,937+162%
San Antonio, TX$58,706-2%
Indianapolis city (balance), IN$54,119-9%

Property Tax in Baltimore, MD

Est. Annual Property Tax
$2,347
Monthly Impact
$196
Added to your mortgage
Effective Rate
1.07%
National avg: ~1.00%

Maryland Tax Overview

Tax TypeMarylandNational Avg
Property Tax Rate1.07%1.00%
Top Income Tax Rate5.75%~5.0%
State Sales Tax6%~5.0%

Compare Baltimore to Another City

See how far your salary goes somewhere else.

Cost of Living Comparison

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Baltimore, MD
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Baltimore, MD: 51
Rent Prices
84
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR