Baltimore, MD · New York, NY

Cost of Living: Baltimore vs New York

Living in Baltimore, MD costs 7.2% less than in New York, NY: a $100,000 salary in Baltimore, MD buys what $107,729 buys in New York, NY, based on BEA regional price parities for 2024.

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Baltimore vs New York: prices, pay and housing

Baltimore, MDNew York, NY
BEA price parity (U.S. = 100)104.5112.6
Average salary, all jobs$76,370$86,310
Median salary, all jobs$59,070$61,430
Average salary adjusted for prices$73,090$76,677
Take-home on the average salary*$59,140$65,407
Typical home value$405,877$727,625
Median household income$97,300$97,334
Home price / household income4.27.5
Metro population2,839,40919,756,722

*Single filer, federal and state income tax and FICA (2026 rules); city income taxes included where we model them.

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Equivalent salary: Baltimore to New York

To keep the same standard of living when moving from Baltimore to New York, multiply your salary by 1.077.

Salary in BaltimoreSame buying power in New York
$50,000 in Baltimore$53,865 in New York
$75,000 in Baltimore$80,797 in New York
$100,000 in Baltimore$107,729 in New York
$150,000 in Baltimore$161,594 in New York
$200,000 in Baltimore$215,458 in New York

Salaries for common jobs in Baltimore and New York

JobBaltimoreNew YorkAdjusted for prices
Home Health and Personal Care Aides$38,960$41,120$37,287 / $36,531
Retail Salespersons$37,320$43,950$35,717 / $39,045
Registered Nurses$99,100$119,600$94,844 / $106,252
Janitors and Cleaners, Except Maids and Housekeeping Cleaners$38,830$45,520$37,163 / $40,440
General and Operations Managers$134,760$189,200$128,973 / $168,084
Cashiers$34,670$38,180$33,181 / $33,919
Fast Food and Counter Workers$33,820$37,130$32,368 / $32,986
Security Guards$42,620$46,140$40,790 / $40,990
Waiters and Waitresses$43,030$55,000$41,182 / $48,862
Office Clerks, General$48,130$50,080$46,063 / $44,491
Stockers and Order Fillers$40,710$42,380$38,962 / $37,650
Teaching Assistants, Except Postsecondary$40,560$42,530$38,818 / $37,783
Customer Service Representatives$45,800$54,410$43,833 / $48,337
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive$50,990$53,310$48,800 / $47,360
Software Developers$153,910$165,870$147,301 / $147,357
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Average salary vs. price-adjusted salary

Adjusted = average salary divided by the BEA price parity: what it buys in a typical U.S. metro.

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Baltimore vs New York: questions

Is Baltimore more expensive than New York?

No. BEA prices are 104.5 in Baltimore, MD and 112.6 in New York, NY (U.S. = 100).

What salary do I need in New York to match $100,000 in Baltimore?

About $107,729, before taxes.

Where do salaries go further, Baltimore or New York?

New York, NY: once prices are counted, its average salary buys more.

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