Housing costs in Boston?
A typical home costs
$1,400,700, which is 314.3% more expensive than the national average of
$338,100 and 151.3% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Boston costs
$3,890 per month, which is 81.8% more than the national average of
$2,140 and 37.8% more than the state average of
$2,420.
Can I afford Boston?
To live comfortably in Boston (zip 02116), Massachusetts, a minimum annual income of
$268,560 for a family, and
$130,000 for a single person is recommended.
What does A.I. say about Boston?
Living in 02116 Boston, MA can be expensive. The median home cost is over $600,000, and the monthly median rent for a one-bedroom apartment is about $2,500. Many of the amenities in this area are also pricey; for instance, groceries cost more than 11% above the national average. Despite these high costs, people are still drawn to this wealthy and vibrant city due to its abundance of job opportunities and cultural attractions. Residents of 02116 Boston are able to take advantage of all that this city has to offer while paying a premium price tag.