Housing costs in Boston?
A typical home costs
$476,100, which is 40.8% more expensive than the national average of
$338,100 and 14.6% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Boston costs
$2,470 per month, which is 15.4% more than the national average of
$2,140 and 2.0% more than the state average of
$2,420.
Can I afford Boston?
To live comfortably in Boston (zip 02126), Massachusetts, a minimum annual income of
$91,080 for a family, and
$82,400 for a single person is recommended.
What does A.I. say about Boston?
Living in 02126 Boston, MA can be an expensive venture. The cost of living is significantly higher than the national average, with a median home value of $556,000 and average rental prices at $2,400 per month. Utilities tend to be higher than other parts of the country as well due to the fact that Boston is in the Northeast. Groceries can also be costly, with everyday items costing around 10% more than the national average. In addition, transportation costs are on par with other major metropolitan areas. Despite these higher costs, many people flock to 02126 for its excellent cultural offerings and high quality of life.