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Washington vs Baltimore

Washington, DC  ·  Baltimore, MD

⚖️

Baltimore is 31% cheaper than Washington overall.

Home Price

Washington: $575,000

Baltimore: $320,000

Monthly Rent

Washington: $2,195/mo

Baltimore: $1,300/mo

COL Index

Washington: 154

Baltimore: 107

Median Income

Washington: $98,700

Baltimore: $71,000

Side-by-Side Comparison

Metric
Washington
Baltimore
Winner
🏠

Median Home Price

$575,000
$320,000
Baltimore
🏢

Monthly Rent (Median)

$2,195/mo
$1,300/mo
Baltimore
💰

Median Household Income

$98,700
$71,000
Washington
📋

Property Tax Rate

0.57%
1.09%
Washington
📊

Cost of Living Index

100 = national average

154
107
Baltimore
🚗

Avg. Commute

34 min
32 min
Baltimore
📈

Unemployment Rate

4%
4.4%
Washington
👥

Median Age

34.7 yrs
37.5 yrs
Baltimore

What This Means For You

💵

Buying Power

A $100,000 salary in Washington has the same purchasing power as $69,481 in Baltimore — based on each city's cost of living index.

🏠

Housing

Homes in Baltimore cost 44% more (-$255,000 extra). Expect a larger mortgage and down payment.

🏢

Renting

Renting in Baltimore saves you $895/month — $10,740 per year. Median rent: $2,195/mo in Washington vs $1,300/mo in Baltimore.

📋

Property Taxes

On a median-priced home, Washington owners pay roughly $3,278/year in property taxes vs $3,488/year in Baltimore. That's a $211 annual difference.

💼

Local Earnings

Median household income is $98,700 in Washington and $71,000 in Baltimore. Baltimore residents earn 28% more — but remember to factor in cost of living.

🚗

Daily Commute

Average commute is 34 minutes in Washington vs 32 minutes in Baltimore. Commute times are nearly identical.

Salary Equivalence

To maintain the same lifestyle when moving from Washington to Baltimore, here's the salary you'd need:

Salary in WashingtonEquivalent in BaltimoreDifference
$50,000$34,740-$15,260
$75,000$52,110-$22,890
$100,000$69,481-$30,519
$150,000$104,221-$45,779
$200,000$138,961-$61,039

* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.

Run the Numbers

Related Comparisons

Washington vs Baltimore: Common Questions

Is Washington or Baltimore cheaper to live in?

Based on cost of living indices, Baltimore is cheaper overall. Washington has a COL index of 154 while Baltimore scores 107 (national average = 100).

How do home prices compare between Washington and Baltimore?

The median home price in Washington is $575,000 vs $320,000 in Baltimore — a difference of $255,000 (44%).

What salary do I need in Baltimore to match my Washington income?

Use the salary equivalence table above. For example, a $100K salary in Washington is equivalent to $69,481 in Baltimore in terms of purchasing power.

Which city has lower property taxes?

Washington has a lower property tax rate (0.57% vs 1.09%). On a median-priced home, that means paying $3,278/year vs $3,488/year.

Cost of living data sourced from Council for Community and Economic Research (C2ER) Cost of Living Index, U.S. Census Bureau American Community Survey, and Zillow Research. Tax rates from Tax Foundation and state revenue agencies. Last updated: March 2025.