Housing costs in Boston?
A typical home costs
$586,100, which is 73.4% more expensive than the national average of
$338,100 and 5.2% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Boston costs
$2,960 per month, which is 38.3% more than the national average of
$2,140 and 18.2% more than the state average of
$2,420.
Can I afford Boston?
To live comfortably in Boston (zip 02134), Massachusetts, a minimum annual income of
$112,320 for a family, and
$98,800 for a single person is recommended.
What does A.I. say about Boston?
Living in 02134 Boston, MA can be quite pricey. The median home value is around $810,000, and the estimated median household income is $121,634. Rent for a one bedroom apartment averages around $2,250 per month. Sales taxes and other costs associated with living in the area can also add up quickly. However, despite higher prices in comparison to other areas of the US, the cost of living in 02134 is still considered relatively affordable due to high salaries and wages within the city.