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Cost of living: Baltimore, MD vs Buffalo, NY (2024)

Quick answer

Overall prices in the Baltimore, MD metro were 104.5 vs 95.8 in Buffalo, NY in 2024 (US = 100), so Baltimore is 9.0% more expensive than Buffalo; housing rents differ by 46% (118.2 vs 81.0). A $75,000 income in Baltimore buys about what $68,796 buys in Buffalo, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)BaltimoreBuffaloBaltimore vs Buffalo
All items104.595.8+9.0%
Goods102.499.7+2.7%
Housing (rents)118.281.0+45.9%
Utilities110.2129.5-14.9%
Other services101.597.8+3.8%
All items, 2008106.497.0+9.6%
$50,000 in Baltimore equals in Buffalo$45,864
$100,000 in Baltimore equals in Buffalo$91,728
$150,000 in Baltimore equals in Buffalo$137,592

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Last updated 2026-10-16. Data only, not financial or tax advice.

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