Quality of Life in Baltimore, MD for an Income of $133,790
Living in Baltimore, MD, with an income of $133,790 per year can provide a comfortable lifestyle relative to the cost of living and median home prices in the area. Below is an assessment of various factors that define the quality of life in Baltimore compared to the broader United States.
Cost of Living
- Overall Costs: Baltimore’s cost of living is slightly above the national average. This includes expenses such as food, transportation, and utilities.
- Groceries and Dining: Food and dining out costs tend to be moderate, aligning closely with national averages.
- Transportation: Public transportation options are available and reasonably priced compared to other major cities, but owning a vehicle may add to expenses given insurance and maintenance costs.
Housing Market
- Home Prices: The median home price in Baltimore is lower than the national median, offering more affordable opportunities for homeownership.
- Rental Costs: Rental prices also tend to be lower compared to major metropolitan areas, making it feasible for both singles and families.
- Neighborhoods: Baltimore offers a diverse range of neighborhoods, from suburban communities with family-friendly amenities to vibrant urban areas.
Quality of Life
- Cultural Attractions: Baltimore boasts a rich cultural scene, with numerous museums, theaters, and historical sites.
- Outdoor Spaces: The city provides access to parks and natural reserves, ideal for outdoor enthusiasts.
- Crime Rate: Though the crime rate in certain areas of Baltimore is higher than the national average, many neighborhoods are considered safe and welcoming.
Access to Healthcare
- Healthcare Facilities: Baltimore has a robust healthcare system, including nationally recognized hospitals such as Johns Hopkins.
- Costs: Healthcare costs are on par with the national average, but the quality and range of services are exceptional.
Quality of K-12 Schools
- Public Education: Baltimore City schools face challenges, with varying performance metrics. However, there are several high-performing public institutions.
- Private and Charter Schools: Numerous private and charter school options are available, often at higher tuition costs, providing alternatives to public education.
- Higher Education: Baltimore is home to several prestigious universities, offering enriched educational resources and opportunities.
Summary
Overall, an individual or family earning $133,790 in Baltimore, MD, can live comfortably, enjoying affordable housing, a rich cultural environment,