Housing costs in Boston?
A typical home costs
$679,800, which is 101.1% more expensive than the national average of
$338,100 and 22.0% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Boston costs
$2,740 per month, which is 28.0% more than the national average of
$2,140 and 11.7% more than the state average of
$2,420.
Can I afford Boston?
To live comfortably in Boston (zip 02132), Massachusetts, a minimum annual income of
$130,320 for a family, and
$91,600 for a single person is recommended.
What does A.I. say about Boston?
The cost of living in 02132 Boston, MA is considerably higher than the average for US cities. Housing prices are particularly high in comparison to other areas, with median home values being over $600,000 and an average rent of around $2500 per month. Other essential costs, such as food and transportation, are also more expensive when compared to other parts of the country. Despite these higher prices, Boston remains a popular destination for those looking for a vibrant city life and access to quality education and employment opportunities.