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Cost of living: Baltimore, MD vs Raleigh, NC (2024)

Quick answer

Overall prices in the Baltimore, MD metro were 104.5 vs 98.2 in Raleigh, NC in 2024 (US = 100), so Baltimore is 6.4% more expensive than Raleigh; housing rents differ by 14% (118.2 vs 103.5). A $75,000 income in Baltimore buys about what $70,456 buys in Raleigh, 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)BaltimoreRaleighBaltimore vs Raleigh
All items104.598.2+6.4%
Goods102.496.6+5.9%
Housing (rents)118.2103.5+14.2%
Utilities110.289.0+23.9%
Other services101.598.2+3.4%
All items, 2008106.497.0+9.6%
$50,000 in Baltimore equals in Raleigh$46,971
$100,000 in Baltimore equals in Raleigh$93,942
$150,000 in Baltimore equals in Raleigh$140,913

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

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