Boston-Cambridge-Newton Metro Area, MA Cost of Living


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Boston-Cambridge-Newton cost of living score
142.2
More expensive
42.2% higher
than the US average
11.5% higher
than the Massachusetts average
Boston-Cambridge-Newton Massachuse Metro Area, Massachusetts gets a BestPlaces Cost of Living score of 142.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 42.2% higher than the U.S. average and 11.5% lower than the average for Massachusetts.

Boston-Cambridge-Newton Metro Area, MA

Housing costs in Boston-Cambridge-Newton?
A typical home costs $608,000, which is 79.8% more expensive than the national average of $338,100 and 9.1% more expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Boston-Cambridge-Newton costs $2,420 per month, which is 69.2% more than the national average of $1,430 and 11.6% more than the state average of $2,140.

Can I afford Boston-Cambridge-Newton?
To live comfortably in Boston-Cambridge-Newton Massachuse Metro Area, Massachusetts, a minimum annual income of $116,640 for a family, and $79,600 for a single person is recommended.

What does A.I. say about Boston-Cambridge-Newton?
The cost of living in the Boston-Cambridge-Newton, MA Metro Area is significantly higher than the US average. According to current data, the cost of living in this area is 142.2 compared to the US average of 100. This higher rate can be attributed to higher median house values in this area, which currently stand at $608000 compared to the US average of $3381000. It's no surprise that with such expensive housing costs, people will need more money to maintain their lifestyle in Boston-Cambridge-Newton, MA Metro Area and thus accounts for the higher cost of living.
   Cost of living score
     CategoriesBoston-Cambridge-NewtonMassachusettsUnited States
  142.2127.5100.0
  110.4108.9100
  88.890.2100.0
  206.9175.0100.0
  $608,000$557,300$338,100
  114.2%112.9%100.0%
  126.6107.9100.0
  156.6147.9100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Boston-Cambridge-Newton
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alanna · 
Over 1 years ago

lived in the boston suburbs since i was 6 and loved every bit of it! such a cultured and educated  More

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Boston blows. I have lived here for 50 years. Super depressing the majority of the time if you like decent weather. Storms tend to stick around for days. Weather is  More

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I grew up in a big city in TX; have lived in IA, MO, spent chunks of time in MT, OR, WA, CA, and road-tripped all over the US.  I moved to MA ~20 years ago for work, and  More

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