Baltimore is 8% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in New York to live the same way.
🏠 Rent per month
$1,619
$2,806
🛏️ 2-bedroom rent
$1,479
$2,016
💵 Families earn per year
$67,058
$86,801
🔑 Buying a house
$229,600
$777,600
📊 Overall prices (U.S. = 100)
104.5
112.6
🏛️ Property tax per year
$3,354
$6,547
⚡ Electric bill per month
$157
$132
👥 People living there
573,243
8,483,844
Commute to work
29.1 min
40.3 min
College degree
36.1%
41.6%
Own their home
47.5%
32.8%
Below poverty line
19.7%
17.9%
Unemployment
6.5%
8%
Bottom line
- Pick Baltimore for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick New York for higher incomes, a more educated workforce, less poverty.
Pay for the same job
| Job | Baltimore | New York | Difference |
|---|---|---|---|
| Lawyer | $132,400 | $208,880 | +58% in New York |
| Firefighter | $73,810 | $106,420 | +44% in New York |
| Police Officer | $76,530 | $105,540 | +38% in New York |
| Market Research Analyst | $74,620 | $100,520 | +35% in New York |
| Operations Manager | $117,040 | $157,000 | +34% in New York |
| Server (Waiter/Waitress) | $36,170 | $47,610 | +32% in New York |
| Elementary School Teacher | $76,400 | $96,900 | +27% in New York |
| Plumber | $63,200 | $78,610 | +24% in New York |
Frequently asked questions
Is Baltimore or New York cheaper to live in?
Baltimore is about 8% cheaper overall. Rent is $1,619 a month there versus $2,806 in New York.
What salary do I need in New York to match $60,000 in Baltimore?
About $64,638 a year gives the same standard of living in New York.
Where do people earn more, Baltimore or New York?
The typical household earns $67,058 in Baltimore and $86,801 in New York, 23% more in New York.