Cost of Living: Baltimore, MD vs Madison, WI (2026)

Baltimore

Maryland
84
VS

Madison

Wisconsin
103

Baltimore is 18% cheaper than Madison.

$1,290/mo ↓ 5%
Median Rent
$1,364/mo ↑ 6%
$59,623/yr ↓ 23%
Median Income
$76,983/yr ↑ 29%
$219,300 ↓ 37%
Home Value
$346,900 ↑ 58%
$1,333/mo ↓ 10%
Owner Costs
$1,476/mo ↑ 11%
577,193
Population
275,568

Tax Comparison

5.75%
Income Tax
7.65%
6.0%
State Sales Tax
5.0%
1.07%
Property Tax
1.61%

Affordability

26.0%
rent-to-income
Affordability
21.3%
rent-to-income

Detailed Comparison

When comparing Baltimore, MD and Madison, WI, the overall cost of living indices are 84 and 103 respectively (national median = 100). Rent is $74/month cheaper in Baltimore, saving renters about $888/year.

Median household income is $17,360/year higher in Madison. Home values also differ significantly — the median in Baltimore is $219,300 compared to $346,900 in Madison.

Maryland has a lower income tax rate, making Baltimore slightly more tax-friendly.

Frequently Asked Questions

Baltimore vs Madison — common questions

Is Baltimore or Madison cheaper to live in?
Based on our cost index, Baltimore is cheaper to live in with an index of 84 compared to 103 (US average = 100).
What is the rent difference between Baltimore and Madison?
Median rent in Baltimore is $1,290/month and in Madison it's $1,364/month — a difference of $74/month.
Which city has higher income, Baltimore or Madison?
Median household income is $59,623 in Baltimore and $76,983 in Madison. Median household income is $17,360/year higher in Madison.
How do taxes compare between Maryland and Wisconsin?
Maryland has 5.75% income tax, 6.0% sales tax, and 1.07% property tax. Wisconsin has 7.65% income tax, 5.0% sales tax, and 1.61% property tax.
Should I move to Baltimore or Madison?
It depends on your priorities. Baltimore has a cost index of 84 with median rent of $1,290/mo, while Madison has a cost index of 103 with rent of $1,364/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Baltimore details → View Madison details →

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