ElderCareCost

Elder Care Cost: New York City, NY vs Baltimore, MD (2026)

Baltimore, MD assisted living runs $5,200/month — $1,600/month less than New York City, NY's $6,800/month. That's $19,200/year.

New York City, NY, NY

$6,800

assisted living/month

+$2,300 vs national avg

Baltimore, MD, MD

$5,200

assisted living/month

+$700 vs national avg

New York City, NY vs Baltimore, MD — All Care Types

Monthly costs. Green = lower cost. National average shown for context.

Care Type New York City, NY Baltimore, MD
Assisted Living $6,800/mo $5,200/mo
Nursing Home (Private) $15,400/mo $11,400/mo
In-Home Aide $7,700/mo $5,600/mo
Memory Care $9,200/mo $7,200/mo
Adult Day Care $2,400/mo $1,900/mo

Source: Genworth/CareScout Cost of Care Survey. 2026 estimates.

Annual Cost Impact

For assisted living, Baltimore, MD costs $62,400/year vs New York City, NY's $81,600/year.

Monthly savings

$1,600

Annual savings

$19,200

2-year total savings

$38,400

% difference

31%

Savings = New York City, NY cost minus Baltimore, MD cost. Assisted living only.

Overall, Baltimore, MD is more affordable — lower cost on 5 of 5 care types.

Frequently Asked Questions

Is elder care cheaper in New York City, NY or Baltimore, MD?

Baltimore, MD has lower assisted living costs at $5,200/month vs. $6,800/month in New York City, NY — a difference of $1,600/month ($19,200/year).

What types of elder care are compared here?

This page compares five common senior care types: assisted living, nursing home (private room), in-home aide (44 hrs/week), memory care, and adult day care. These cover the full range from part-time supervision to full residential skilled nursing care.

How do these cities compare to the national average?

The national average for assisted living is $4,500/month. New York City, NY is $2,300 above the national average. Baltimore, MD is $700 above the national average.