Cost of Living: Baltimore, MD vs Elkridge, MD

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,239/mo in Baltimore, MD versus $4,224/mo in Elkridge, MD. In the model, rent is about 18.81% of gross in Baltimore, MD versus 32.14% in Elkridge, MD, so Baltimore, MD tends to feel more affordable for rent.

Take-home in Baltimore, MD

$4,239/mo

Income level: above

Take-home in Elkridge, MD

$4,224/mo

Income level: below

Rent share (1BR) in Baltimore, MD

18.81%

COLI tier: mid-range

Rent share (1BR) in Elkridge, MD

32.14%

COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Baltimore, MD and Elkridge, MD.

At a glance

Cheaper overall (lower cost-of-living index): Baltimore, MD
Lower rent (median 1BR/2BR): Baltimore, MD
Lower home prices: Baltimore, MD
Higher median household income: Elkridge, MD

Cost of Living Index

Baltimore, MD: 92.4 (U.S. = 100) · Elkridge, MD: 100 (U.S. = 100)

Baltimore, MD has a lower cost-of-living index than Elkridge, MD, so a given salary generally stretches further there.

Median Rent

Baltimore, MD: $1,226/mo (midpoint of 1BR/2BR) · Elkridge, MD: $2,096/mo

Median rent in Elkridge, MD is $870/mo higher than in Baltimore, MD.

Median Home Price

Baltimore, MD: $219,300 · Elkridge, MD: $438,200

Median home price in Elkridge, MD is $218,900 higher than in Baltimore, MD.

Median Household Income

Baltimore, MD: $59,623 · Elkridge, MD: $135,412

Elkridge, MD has a higher median household income than Baltimore, MD by $75,789.

Baltimore, MD overview · Elkridge, MD overview · Popular comparisons