Baltimore is 21% cheaper than Paterson.
When comparing Baltimore, MD and Paterson, NJ, the overall cost of living indices are 84 and 106 respectively (national median = 100). Rent is $167/month cheaper in Baltimore, saving renters about $2,004/year.
Median household income is $5,857/year higher in Baltimore. Home values also differ significantly — the median in Baltimore is $219,300 compared to $335,400 in Paterson.
Maryland has a lower income tax rate, making Baltimore slightly more tax-friendly.
Baltimore vs Paterson — common questions
Other cost of living comparisons for Baltimore and Paterson