Cost of Living: Baltimore, MD vs Providence, RI (2026)

Baltimore

Maryland
84
VS

Providence

Rhode Island
99

Baltimore is 15% cheaper than Providence.

$1,290/mo ↓ 3%
Median Rent
$1,333/mo ↑ 3%
$59,623/yr ↓ 11%
Median Income
$66,772/yr ↑ 12%
$219,300 ↓ 32%
Home Value
$322,800 ↑ 47%
$1,333/mo ↓ 9%
Owner Costs
$1,467/mo ↑ 10%
577,193
Population
190,214

Tax Comparison

5.75%
Income Tax
5.99%
6.0%
State Sales Tax
7.0%
1.07%
Property Tax
1.53%

Affordability

26.0%
rent-to-income
Affordability
24.0%
rent-to-income

Detailed Comparison

When comparing Baltimore, MD and Providence, RI, the overall cost of living indices are 84 and 99 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $7,149/year higher in Providence. Home values also differ significantly — the median in Baltimore is $219,300 compared to $322,800 in Providence.

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

Frequently Asked Questions

Baltimore vs Providence — common questions

Is Baltimore or Providence cheaper to live in?
Based on our cost index, Baltimore is cheaper to live in with an index of 84 compared to 99 (US average = 100).
What is the rent difference between Baltimore and Providence?
Median rent in Baltimore is $1,290/month and in Providence it's $1,333/month — a difference of $43/month.
Which city has higher income, Baltimore or Providence?
Median household income is $59,623 in Baltimore and $66,772 in Providence. Median household income is $7,149/year higher in Providence.
How do taxes compare between Maryland and Rhode Island?
Maryland has 5.75% income tax, 6.0% sales tax, and 1.07% property tax. Rhode Island has 5.99% income tax, 7.0% sales tax, and 1.53% property tax.
Should I move to Baltimore or Providence?
It depends on your priorities. Baltimore has a cost index of 84 with median rent of $1,290/mo, while Providence has a cost index of 99 with rent of $1,333/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Baltimore details → View Providence details →

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