Boston, MA (zip code 02110) is a bustling city with a great range of amenities for both locals and tourists. The two bedroom rent in this area is a steep $3,900 per month, however the US average amount for rent of the same size is just $1,430. This discrepancy in cost reflects Boston's high demand due to its booming businesses such as Reebok, Gillette, and Harvard Business School. Grocery costs are also slightly higher than other parts of the country with an index of 118 versus 100 in the US. Despite the high cost of living, locals and tourists alike flock to Boston for its endless tourist attractions including Fenway Park, The Freedom Trail, The JFK Presidential Library and Museum, as well as its abundance of delicious foodie spots like the North End.
Boston (zip 02110) has an unemployment rate of 6.2%. The US average is 6.0%.
Boston (zip 02110) has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Boston (zip 02110)
- The Sales Tax Rate for Boston (zip 02110) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Boston (zip 02110) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boston (zip 02110)
- The average income of a Boston (zip 02110) resident is $135,412 a year. The US average is $28,555 a year.
- The Median household income of a Boston (zip 02110) resident is $123,942 a year. The US average is $69,021 a year.