Can a Petroleum Engineer afford to live in Baltimore?

Excellent61% of take-home left to save โ€” you can save aggressively here.
Median salary (gross)
Petroleum Engineer ยท Baltimore
$141,375
Income tax (~32% effective)
United States
โ€“ $45,396
Take-home pay
$7,998/mo
$95,979
Living costs (1 person)
$3,080/mo ยท derived
โ€“ $36,960
Savings potential
$4,918/mo ยท 61% of take-home
$59,019

Single professional, after-tax. Salary โˆ’ tax โˆ’ living costs = what you could save each year.

How we calculated this

โ€ข Salary: BLS OES median for Petroleum Engineer, adjusted for Baltimore.

โ€ข Tax: United States single-filer effective rate (~32%). Official calculator.

โ€ข Living costs: derived from cost-of-living index for a single professional.

Planning estimates, not financial or tax advice. Updated 2026. Your situation will differ.