Quality of Life in Baltimore, MD for an Annual Income of $136,255

Baltimore, MD, is a vibrant city with its own unique charm and challenges. For a person earning $136,255 annually, here's a breakdown of how this income stacks up against the cost of living, housing, healthcare access, and educational quality in comparison to broader U.S. averages.

Cost of Living

• General Overview: The cost of living in Baltimore is slightly higher than the national average, particularly due to housing and transportation costs.
• Utilities: Expenses for utilities like electricity and water are generally on par with the national average.
• Groceries and Dining: Prices for groceries and dining out are slightly above average, making daily expenses somewhat higher.
• Transportation: Costs related to transportation, including gas and public transit, tend to be higher, affecting daily commute expenses.

Housing Market

• Average Home Price: The median home price in Baltimore is about $320,000, which is modest compared to several other major cities on the East Coast but higher than the national median.
• Rental Market: Renting is quite common, with average rents for a two-bedroom apartment around $1,500 per month. This is competitive yet slightly elevated compared to national figures.
• Affordability: For an income of $136,255, purchasing a home or renting in a desirable neighborhood is feasible, though saving for a significant down payment may be necessary.

Quality of Life

• Cultural and Recreational Opportunities: Baltimore offers a rich cultural scene with museums, theaters, and a vibrant music community. The city's historic districts and waterfront areas provide ample recreational activities.
• Safety Considerations: Baltimore faces challenges with crime rates that are higher than the national average, which can affect perceptions of safety.
• Community and Lifestyle: The city boasts diverse neighborhoods, from bustling urban settings to quieter suburban areas, catering to various lifestyle preferences.

Access to Healthcare

• Availability: Baltimore is known for its excellent healthcare facilities, including Johns Hopkins Hospital, one of the top institutions in the country.
• Healthcare Costs: While healthcare quality is high, the costs are also above the national average, contributing to the overall higher cost of living.
• Insurance and Benefits: With professional jobs often providing solid healthcare benefits, an income of $136,255 should ensure access to adequate healthcare.

Quality of K