Quick answer
Overall prices in the New York, NY metro were 112.6 vs 104.5 in Baltimore, MD in 2024 (US = 100), so New York is 7.7% more expensive than Baltimore; housing rents differ by 26% (148.6 vs 118.2). A $75,000 income in New York buys about what $69,619 buys in Baltimore, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | New York | Baltimore | New York vs Baltimore |
|---|---|---|---|
| All items | 112.6 | 104.5 | +7.7% |
| Goods | 110.3 | 102.4 | +7.7% |
| Housing (rents) | 148.6 | 118.2 | +25.7% |
| Utilities | 127.0 | 110.2 | +15.2% |
| Other services | 105.8 | 101.5 | +4.3% |
| All items, 2008 | 113.5 | 106.4 | +6.7% |
| $50,000 in New York equals in Baltimore | $46,413 | ||
| $100,000 in New York equals in Baltimore | $92,825 | ||
| $150,000 in New York equals in Baltimore | $139,238 |
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Last updated 2026-10-16. Data only, not financial or tax advice.