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Cost of living: Baltimore, MD vs Providence, RI (2024)

Quick answer

Overall prices in the Baltimore, MD metro were 104.5 vs 101.8 in Providence, RI in 2024 (US = 100), so Baltimore is 2.7% more expensive than Providence; housing rents differ by 14% (118.2 vs 103.9). A $75,000 income in Baltimore buys about what $73,052 buys in Providence, 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)BaltimoreProvidenceBaltimore vs Providence
All items104.5101.8+2.7%
Goods102.497.1+5.4%
Housing (rents)118.2103.9+13.8%
Utilities110.2148.8-25.9%
Other services101.5102.3-0.8%
All items, 2008106.4103.7+2.6%
$50,000 in Baltimore equals in Providence$48,701
$100,000 in Baltimore equals in Providence$97,403
$150,000 in Baltimore equals in Providence$146,104

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

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