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Skip Navigation LinksChoose Maryland > Facts & Stats

quality of life

Cost of Living Index

Communities throughout Maryland offer a broad range of amenities and lifestyles that are both attractive and affordable. Baltimore boasts a lower average cost of living than other Northeast urban areas in New York, Pennsylvania and New Jersey.

Cost of Living Index – 2013

    Metro Area

    Index

    Baltimore, MD

    113.0

    Chicago, IL

    115.3

    Philadelphia, PA

    121.3

    Hartford, CT

    124.0

    Middlesex-Monmouth, NJ

    124.5

    San Diego, Ca

    130.0

    Los Angeles-Long Beach, CA

    130.4

    Nassau County-Suffolk, NY

    133.1

    Boston, MA

    139.7

    Washington-Arlington-Alexandria,
    DC-VA

    140.1

    San Jose, CA

    149.3

    San Francisco, CA

    161.6

    New York (Manhattan), NY

    220.4

Note: Includes comparative data for approximately 300 areas; average for all areas = 100.
Source: ACCRA Cost of Living Index, 2013 annual average.

Housing

Housing of all types are available in new developments and established communities throughout the state, with nearby access to great schools, public transportation, shopping, dining and outdoor concerts and festivals.

Programs like the Maryland Mortgage Program are available to help make buying a home more affordable. In 2012 the median home price in Maryland was $244,912, ranging from $87,900 in Allegany County to $370,000 in Howard County.  Home prices in the Baltimore metropolitan area are generally lower than other northeast and west coast metro areas.

Housing Costs - 2012

    County

    Average Sale Price

    Median Sale Price

    Allegany County

    $96,933

    $87,900

    Anne Arundel County

    $356,297

    $295,000

    Baltimore City

    $159,437

    $118,950

    Baltimore County

    $244,756

    $200,000

    Calvert County

    $310,030

    $286,400

    Caroline County

    $166,217

    $148,500

    Carroll County

    $284,922

    $263,920

    Cecil County

    $218,278

    $195,000

    Charles County

    $239,249

    $233,000

    Dorchester County

    $168,843

    $121,000

    Frederick County

    $6722853

    $241,950

    Garrett County

    $327,445

    $260,000

    Harford County

    $255,440

    $229,900

    Howard County

    $403,119

    $370,000

    Kent County

    $304,089

    $227,000

    Montgomery County

    $465,597

    $367,125

    Prince George's County

    $190,274

    $170,000

    Queen Anne's County

    $372,692

    $285,450

    Somerset County

    $124,750

    $109,346

    St. Mary's County

    $289,829

    $275,000

    Talbot County

    $507,775

    $296,500

    Washington County

    $164,007

    $149,000

    Wicomico County

    $152,816

    $136,696

    Worcester County

    $266,266

    $230,096

Note: Metropolitan Regional Information Systems, Inc. and Coastal Association of Realtors, as reported by the Maryland Association of Realtors. 
Source: Maryland Association of Realtors, 2012
 


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