Boston, NY is a vibrant and bustling city. With its urban vibes and modern amenities, it's no surprise that 2 bedroom rental costs are higher than the national average at $1,140 per month. The cost of groceries is also slightly higher in Boston (102 index versus 100 in the US), however local companies and attractions keep residents satisfied. Popular companies include Wayfair, DraftKings, and Modern Postcard; while renowned attractions such as Fenway Park, Harvard Museum of Natural History, Freedom Trail, and Faneuil Hall Marketplace make Boston a great place to live.
Boston has an unemployment rate of 7.2%. The US average is 6.0%.
Boston has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Boston
- The Sales Tax Rate for Boston is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Boston is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boston
- The average income of a Boston resident is $31,642 a year. The US average is $28,555 a year.
- The Median household income of a Boston resident is $78,750 a year. The US average is $69,021 a year.