New York, NY vs Baltimore, MD
Cost of living comparison · 2023 Census ACS data
Quick Summary
Housing costs separate Baltimore and New York more than any other line item — $219,000 versus $752,000 for a typical home, a 71% spread. State income-tax burden also tilts toward Baltimore — a top rate of 5.8% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$219,300 ✓
Zillow Home Value
$812,534
$187,545
Median Gross Rent
$1,779/mo
$1,290/mo ✓
Owner Occupied %
32.8%
47.5%
Price-to-Rent Ratio
35.2x
14.2x
Median Household Income
$79,713 ✓
$59,623
Per Capita Income
$50,776
$39,195
Unemployment Rate
7.7%
6.5% ✓
Poverty Rate
17.4%
20.1%
Avg Commute (min)
44.8 min
31.9 min
Drove Alone %
21.9%
56.8%
Public Transit %
45.5%
11.5%
Work From Home %
15.0%
15.9%
State Income Tax
10.9%
5.8%
Total Sales Tax
8.5%
6.0% ✓
Property Tax Rate
1.7%
1.1%
Bachelor's Degree %
23.6%
18.1%
Median Age
38
36.1
Avg High Temp
62.6°F
67.2°F
Annual Precipitation
49.5"
43.7"
Annual Snowfall
29.8"
—
New York, NY 1 wins
- ✓Median Household Income
Baltimore, MD 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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