Housing costs in Boston?
A typical home costs
$729,400, which is 115.7% more expensive than the national average of
$338,100 and 30.9% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Boston costs
$3,020 per month, which is 41.1% more than the national average of
$2,140 and 19.9% more than the state average of
$2,420.
Can I afford Boston?
To live comfortably in Boston (zip 02127), Massachusetts, a minimum annual income of
$139,680 for a family, and
$100,800 for a single person is recommended.
What does A.I. say about Boston?
The cost of living in 02127 Boston, MA is relatively expensive compared to other parts of the United States. According to BestPlaces, the cost of living index in this area is 128.19, which is 28.19% higher than the national average. Housing costs are particularly high with an index score of 216.20 – more than double the national average – while groceries and health care are also pricey at 98.32 and 90.55, respectively. Transportation is slightly more affordable with an index score of 91.06, but it is still 7% higher than the national average. All in all, 02127 Boston, MA can be a costly place to live, so it's important to budget accordingly before moving there.