Baltimore has a wide range of industries like finance, law, and nonprofit services and it boasts a lower unemployment rate than many other places in the country. The city has plenty of job opportunities, mainly in the fields of science, technology, engineering, and math. With its recent recognition as one of the top places to work in the U.S., Baltimore is definitely a city on the rise.
It is at the forefront of scientific research and development with prestigious medical institutions such as Johns Hopkins Hospital and University of Maryland Hospital. For this reason you will notice a decent growth in job opportunities in the healthcare sector.
A lot of people decide to live in Baltimore City and travel to Fort Meade for work because it's just 20 miles away. Employers in Maryland are always on the lookout for new graduates, so there are chances for recent college grads to find jobs.
The cost of living in Baltimore, MD is 13% below the state average and 1% above the national average.
| Cost of Living in Baltimore, MD | Compared to State Average | Compared to National Average |
|---|
| Housing (Buy and Rent) | 35% lower | 6% lower |
| Utilities (Monthly) | 1% lower | 10% lower |
| Food | 4% lower | 4% higher |
| Healthcare | 2% higher | 2% lower |
| Transportation | 2% higher | 2% higher |
| Goods & Services | 2% lower | 3% higher |
