Housing costs in Boston?
A typical home costs
$630,500, which is 86.5% more expensive than the national average of
$338,100 and 13.1% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Boston costs
$2,580 per month, which is 20.6% more than the national average of
$2,140 and 6.2% more than the state average of
$2,420.
Can I afford Boston?
To live comfortably in Boston (zip 02131), Massachusetts, a minimum annual income of
$120,960 for a family, and
$86,000 for a single person is recommended.
What does A.I. say about Boston?
The cost of living in 02131 Boston, MA is relatively high compared to other parts of the country. The median home price is $473,400 and the median rent is $2,073 per month. There are a number of factors that contribute to the high cost of living in this area, such as its proximity to downtown Boston and a variety of amenities, such as good schools, parks, beaches, and restaurants. Residents here also face higher taxes than many other cities. Transportation costs can be expensive due to congested roads and limited public transit options. Despite the high cost of living here, 02131 remains an attractive place for many people with access to great job opportunities and cultural attractions.