Housing costs in Boston?
A typical home costs
$689,400, which is 103.9% more expensive than the national average of
$338,100 and 23.7% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Boston costs
$2,920 per month, which is 36.4% more than the national average of
$2,140 and 17.1% more than the state average of
$2,420.
Can I afford Boston?
To live comfortably in Boston (zip 02130), Massachusetts, a minimum annual income of
$132,120 for a family, and
$97,200 for a single person is recommended.
What does A.I. say about Boston?
The cost of living in 02130 Boston, MA is quite high due to the fact that it is one of the most expensive cities in the United States. The median home price in 02130 zip code is well above $800,000, and rents for 1-bedroom apartments can reach up to $2,500 or higher. Food costs are also high compared to the national average, with a simple grocery shopping trip costing around $100 or more. In addition, transportation costs can be costly as public transportation fares are usually higher than other parts of the country and parking fees can range from $20-$50 per day depending on location.