CICostIndexUSA

Baltimore, MD vs Casper, WY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MD
Baltimore
104.5
overall index
$1,925/mo rent
More AffordableWY
Casper
93.8
overall index
$1,350/mo rent

Casper is moderately cheaper than Baltimore — 10.2% lower overall cost of living.

To match an $80,000 salary in Baltimore, you would need $71,800 in Casper. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing37.2%
Baltimore
118.2
Casper
74.2
🛒 Groceries6.8%
Baltimore
102.4
Casper
95.4
🚗 Transportation1.1%
Baltimore
106.6
Casper
105.4
🏥 Healthcare1.0%
Baltimore
96.4
Casper
95.4
Utilities28.4%
Baltimore
110.2
Casper
78.9

Salary Equivalency Calculator

Enter your current salary in Baltimore to see what you'd need to earn in Casper to maintain the same purchasing power.

$
Equivalent salary in Casper, WY
$71,800
$8,200 less needed in Casper

Formula: salary × (93.8 ÷ 104.5) = salary × 0.8976. Based on BEA Regional Price Parities.

Housing Market

Baltimore, MD

Median Home Price
$408,000
Median Monthly Rent
$1,925
Housing Index
118.2
Price-to-Rent Ratio
17.7×

Casper, WY

Median Home Price
$316,000
Median Monthly Rent
$1,350
Housing Index
74.2
Price-to-Rent Ratio
19.5×

Baltimore has 37.2% lower housing costs compared to Casper.

Income & Job Market

Baltimore, MD

Median Household Income
$98,700
Per Capita Income
$56,300
Unemployment Rate
4.3%
Population
585,708
Top Industries
HealthcareGovernmentFinanceEducationManufacturing

Casper, WY

Median Household Income
$71,400
Per Capita Income
$40,700
Unemployment Rate
4.5%
Population
59,324
Top Industries
EnergyHealthcareGovernmentRetailManufacturing

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Baltimore, MD
4.3×income-to-rent ratio

77% of income left after rent (median)

Casper, WY
4.4×income-to-rent ratio

77% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.