Housing costs in Boston?
A typical home costs
$569,600, which is 68.5% more expensive than the national average of
$338,100 and 2.2% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Boston costs
$2,400 per month, which is 12.1% more than the national average of
$2,140 and close to the state average of
$2,420.
Can I afford Boston?
To live comfortably in Boston (zip 02122), Massachusetts, a minimum annual income of
$109,080 for a family, and
$80,000 for a single person is recommended.
What does A.I. say about Boston?
The cost of living in 02122 Boston, MA is quite high. The median home value for this zip code is around $650,000, with rental prices ranging from $2,000 to over $3,000 for a single family home or apartment. The average household income in this area is around $119,000 per year. Other expenses such as utilities and food can be costly as well. Many local businesses offer discounts and special deals to help people save money and make the cost of living more manageable. Overall, 02122 Boston has a very high cost of living that requires careful budgeting and planning in order to make ends meet.