How Much Does MBA Degree Cost in Baltimore, MD?
Baltimore pricing is near the national average. Updated for 2026.
Based on local labor rates, humid-subtropical climate conditions, and Baltimore's healthcare-defense-education economy.See our methodology
MBA Degree Pricing in Baltimore, MD
In Baltimore, mba degree costs are 10% above the national average, reflecting the city's healthcare-defense-education-driven economy. The balanced labor market means you have decent options when shopping for quotes. Most residents with a population base of 575K find the pricing competitive relative to the local cost of living.
Local climate plays a direct role in mba degree costs here. Hot humid summers and cold winters create year-round HVAC needs; Chesapeake Bay proximity means moisture management matters.
Market-specific factors matter in Baltimore: mix of historic rowhouses and modern construction creates diverse service needs; proximity to DC means some contractors charge premium rates.
Baltimore has moderate permitting requirements. Depending on the scope of your mba degree project, you may need local permits. A licensed contractor will handle the permitting process as part of the job in most cases.
Baltimore vs National Average
What Affects MBA Degree Cost in Baltimore?
Program Type
Online: $20K-$60K. State school: $30K-$80K. Top 25: $100K-$200K total
Top Schools
Harvard/Stanford/Wharton: $150K-$200K tuition alone. Average starting salary post-MBA: $150K-$175K
Baltimore Market Conditions
mix of historic rowhouses and modern construction creates diverse service needs; proximity to DC means some contractors charge premium rates
Local Climate Impact
hot humid summers and cold winters create year-round HVAC needs; Chesapeake Bay proximity means moisture management matters
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Tips to Save on MBA Degree in Baltimore
- 1.Employer tuition reimbursement covers $5,000-$20,000+ per year at many companies
- 2.Online MBA programs from accredited schools cost 50-70% less
- 3.Consider ROI carefully โ a top-20 MBA has different returns than a lower-ranked program
- 4.Apply for assistantships and merit scholarships
๐ MBA Degree in Baltimore Cost Trends (2020โ2024)
Prices have increased +17.7% over the last 5 years
| Year | National Avg | YoY Change |
|---|---|---|
| 2020 | $60,732 | โ |
| 2021 | $63,283 | +4.2% |
| 2022 | $67,396 | +6.5% |
| 2023 | $69,283 | +2.8% |
| 2024 | $71,500 | +3.2% |
Based on national averages adjusted for annual inflation. Actual costs vary by location and project scope.
๐ฌ What Did You Pay?
Real costs reported by homeowners for MBA Degree in Baltimore
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Frequently Asked Questions
Is an MBA worth the cost?
Top-20 MBA programs show strong ROI with average starting salaries of $150K+. For lower-ranked programs, the ROI depends heavily on your career goals and how much you pay.
Why does mba degree cost different in Baltimore than other cities?
Baltimore's costs reflect local labor rates driven by the healthcare-defense-education economy, humid-subtropical climate conditions that affect materials and scheduling, and moderate permitting requirements. The balanced labor market also influences competitive pricing.
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