Housing costs in Cambridge?
A typical home costs
$954,800, which is 182.4% more expensive than the national average of
$338,100 and 71.3% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Cambridge costs
$3,880 per month, which is 81.3% more than the national average of
$2,140 and 37.6% more than the state average of
$2,420.
Can I afford Cambridge?
To live comfortably in Cambridge (zip 02138), Massachusetts, a minimum annual income of
$182,880 for a family, and
$127,600 for a single person is recommended.
What does A.I. say about Cambridge?
The cost of living in 02138 Cambridge, MA is relatively high. The median home value in the area is approximately $746,000 and the median rent price for a one bedroom apartment is around $2,400 per month. For those who wish to buy groceries, prices are usually higher than the national average. Additionally, many restaurants have higher prices due to their location in a desirable area. With the added cost of living comes excellent schools, higher wages, and an abundance of cultural activities and entertainment options available throughout the city.