Housing costs in Boston?
A typical home costs
$968,500, which is 186.5% more expensive than the national average of
$338,100 and 73.8% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Boston costs
$2,830 per month, which is 32.2% more than the national average of
$2,140 and 14.5% more than the state average of
$2,420.
Can I afford Boston?
To live comfortably in Boston (zip 02115), Massachusetts, a minimum annual income of
$185,400 for a family, and
$94,400 for a single person is recommended.
What does A.I. say about Boston?
The cost of living in 02115 Boston, MA is significantly higher than the national average. The median home price in the area is over $600,000 and monthly rent averages around $2,500. Utilities, groceries, and transportation are all more expensive than the national average as well. Despite these high costs, 02115 remains one of the most desirable places to live in Massachusetts due to its location near excellent universities and wide range of cultural attractions and activities.