A+
9%
Overall NAT. AVG.
3%
Goods & Services NAT. AVG.
38%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Park Heights Baltimore Maryland
Cost of living91102119
Goods & Services103103106
Groceries105105106
Health care989897
Housing6298150
Transportation10110198
Utilities111111111
New Real Estate Listings in Park Heights Area
Search Homes for Sale in Baltimore, MD

Cost Of Living Quick Facts

  • The cost of living in Park Heights is 23% lower than the Baltimore average
  • The cost of living in Park Heights is 9% lower than the national average
  • Park Heights housing is 38% lower than the national average
  • Maryland general sales tax is 18% higher than the national average
  • Maryland state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Park Heights

See all the best places to live around Park Heights

Compare Baltimore, MD Cost of Living

      vs
      How would you rate the cost of living in Park Heights?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Park Heights?
      Write a review to give others more information about this area.
      See all Park Heights poll results

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Household$36,783$3,065$858$1,104

      Maryland Sales Tax

      State General Sales Tax With Max Surtax
      Maryland 6% 6%

      Maryland Income Tax

      State Income Tax (Low) Income Tax (High)
      Maryland 2% 5.75%

      Goods & Services

      Item Baltimore National avg. Difference
      Haircut $28.33$24.2616.8%
      Beauty Salon $58.17$45.5627.7%
      Toothpaste $3.69$3.700.3%
      Shampoo $1.44$1.2812.7%
      Movie $13.69$12.1312.9%
      Bowling $23.03$18.0027.9%

      Groceries

      Item Baltimore National avg. Difference
      Ground Beef $6.23$5.846.7%
      Fried Chicken $1.39$1.5711.4%
      Milk $4.73$4.671.2%
      Potatoes $5.46$4.9310.7%
      Pizza $13.24$12.099.5%
      Beer $10.36$10.410.5%

      Health Care

      Item Baltimore National avg. Difference
      Optometrist $114.22$125.689.1%
      Doctor $133.22$135.781.9%
      Dentist $117.22$113.293.5%
      Ibuprofen $11.10$10.654.2%
      Lipitor $401.39$468.6014.3%

      Housing

      Item Baltimore National avg. Difference
      Home Price $167,300.00$184,700.009.4%
      Avg. Mortgage Payment $1,906.29$2,346.6918.8%
      Apartment Rent $1,094.00$949.0015.3%

      Transportation

      Item Baltimore National avg. Difference
      Gasoline $3.46$3.460.1%
      Tire Balancing $62.66$59.924.6%

      Utilities

      Item Baltimore National avg. Difference
      All Electricity $223.91$193.9915.4%
      Phone $199.62$192.253.8%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Dundalk, MD63,8261021.7%
      Lansdowne, MD8,6351022.4%
      Essex, MD39,3071055.5%
      Baltimore Highlands, MD7,8801077.1%
      Woodlawn CDP (Prince George's County), MD7,8731077.4%
      Baltimore, MD602,2741022.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Milwaukee, WI592,649936.5%
      Louisville, KY618,733973.3%
      Albuquerque, NM560,4471000.2%
      Surrey, BC560,150n/a 
      Las Vegas, NV644,5941099.3%
      Baltimore, MD602,2741022.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.