Overview of Quality of Life in Baltimore, MD

This assessment evaluates the quality of life for an individual earning $124,100 annually in Baltimore, MD. We delve into the cost of living, housing market, overall quality of life, access to healthcare, and the quality of K-12 schools, comparing these elements to the broader United States.

Cost of Living

• Moderate Relative Cost: Baltimore's cost of living is generally moderate compared to the U.S. average.
• Utilities and Transportation: Costs for utilities and transportation are close to the national average.
• Grocery and Dining: Food-related expenses are slightly above the national standard, reflecting the local economy.

Housing Market

• Median Home Price: As of the latest data, Baltimore's median home price is slightly below the national median, making homeownership relatively more accessible.
• Housing Affordability: Earning $124,100 annually offers substantial purchasing power in the local housing market, allowing for comfortable accommodations.
• Rental Market: Renting is also an affordable option, with average rental prices in line with national figures.

Quality of Life

• Community and Culture: Baltimore offers a rich cultural scene with museums, galleries, and historic sites, enhancing the quality of life.
• Recreational Opportunities: Numerous parks and recreational facilities provide diverse outdoor activities.
• Employment and Income: The salary of $124,100 is well above Baltimore's median household income, affording a comfortable lifestyle.

Access to Healthcare

• Healthcare Facilities: Baltimore is home to acclaimed healthcare facilities, including Johns Hopkins Hospital.
• Healthcare Costs: Although healthcare is generally high-quality, costs can be on the steeper side, similar to urban areas across the U.S.
• Insurance and Coverage: Access to a variety of insurance plans helps mitigate some cost burdens, maintaining healthcare accessibility.

Quality of K-12 Schools

• Public School Options: The quality of public schools varies widely in Baltimore, with some schools performing at or above national standards.
• Private and Charter Schools: Numerous alternatives, such as private and charter schools, provide additional options for quality education.
• Education Programs: Initiatives are being undertaken to improve educational outcomes across the city.

Summary of Assessment

Overall, an annual income of $124,100 provides a comfortable quality of life in Baltimore, MD. While the cost of living and