Housing costs in Boston?
A typical home costs
$623,700, which is 84.5% more expensive than the national average of
$338,100 and 11.9% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Boston costs
$3,640 per month, which is 70.1% more than the national average of
$2,140 and 33.5% more than the state average of
$2,420.
Can I afford Boston?
To live comfortably in Boston (zip 02215), Massachusetts, a minimum annual income of
$119,520 for a family, and
$121,600 for a single person is recommended.
What does A.I. say about Boston?
The cost of living in 02215 Boston, MA is higher than the national average and can be quite expensive. Housing prices are particularly high in the city due to its top-notch amenities and esteemed universities. In addition to housing, transportation and groceries also tend to be more pricey than other cities. However, with salaries typically being higher as well, the overall cost of living can be manageable for those accustomed to big city life.