Quick answer
Overall prices in the Miami, FL metro were 114.2 vs 104.5 in Baltimore, MD in 2024 (US = 100), so Miami is 9.3% more expensive than Baltimore; housing rents differ by 32% (155.6 vs 118.2). A $75,000 income in Miami buys about what $68,648 buys in Baltimore, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Miami | Baltimore | Miami vs Baltimore |
|---|---|---|---|
| All items | 114.2 | 104.5 | +9.3% |
| Goods | 103.6 | 102.4 | +1.2% |
| Housing (rents) | 155.6 | 118.2 | +31.6% |
| Utilities | 97.2 | 110.2 | -11.8% |
| Other services | 109.1 | 101.5 | +7.5% |
| All items, 2008 | 106.5 | 106.4 | +0.1% |
| $50,000 in Miami equals in Baltimore | $45,765 | ||
| $100,000 in Miami equals in Baltimore | $91,531 | ||
| $150,000 in Miami equals in Baltimore | $137,296 |
Related
- Cost of living: Los Angeles, CA vs Baltimore, MD (2024)
- Cost of living: Baltimore, MD vs Louisville/Jefferson County, KY (2024)
- Cost of living: Baltimore, MD vs Memphis, TN (2024)
- Cost of living: Baltimore, MD vs Milwaukee, WI (2024)
- Cost of living: Minneapolis, MN vs Baltimore, MD (2024)
- Cost of living: Baltimore, MD vs Nashville, TN (2024)
- Cost of living: Baltimore, MD vs New Orleans, LA (2024)
- Cost of living: New York, NY vs Baltimore, MD (2024)
Last updated 2026-10-16. Data only, not financial or tax advice.