What Is The Cost Of Living In Boston?January 13, 2023
There are lots of attractions in Boston but the cost of living in Boston may demotivate you. The city is extremely popular for various things and also for its expensive living cost. Like many other major cities in the northeast, Boston’s cost of living is quite a bit higher than the national average. Therefore, before you book you’re moving to Boston, inspect the living expenses to be certain that you can afford the Boston life. Without taking much time let’s find out more about the cost of living in Boston.
What Is The Cost Of Living In Boston?
The cost of living in Boston is 153.4 which is much higher than the national average cost of 100. Below we have given you the average cost of living in Boston as compared to the national average. If the cost of living in Boston Massachusetts is more than 100, it means Boston is expensive, otherwise, it is cheaper than the national average. After reading the table you will get that, the cost of housing, grocery, transportation, and Median home cost is more than the national average. Only health care costs are below the national average.
|Cost Of Living For||Boston||USA|
|Median Home Cost||$667,000||$291,700|
The housing cost affects the cost of living in Boston for family more than the cost of living in Boston for single person. Because a single person can live as a paying guest with other individuals but a family needs a complete house. In Boston, the housing market is just as competitive for real estate as it is for rentals. Refers to the table to know the approx rent cost in different cities in Massachusetts.
|City||Approx 1 Bedroom Rent||Approx 2 Bedroom Rent|
The cost of food also greatly contributes to the cost of living in Boston per month. In Eastern Massachusetts which includes the Boston area, the food costs are 24% more than in the rest of the nation. This makes the city one of the most expensive places in the country in terms of food costs. If you like to eat at restaurants there, here is a breakdown of the approx cost of dinner for two in different parts of the state including Boston.
|City||Approx Dinner Cost For 2|
The cost of transportation is more important for the cost of living in Boston for international students because usually, they do not own vehicles. To save some money you can travel by buying a daily pass and one day pass will cost you around $11. And a 7-day pass will cost you around $ 22.50.
While living a life there are so many expenses, some are minor and some are major. Here are some other expenses which also affect your cost of living in Boston Ma.
Do you know? Boston holds the first position in terms of hospital beds per capita, nurses per capita, surgeons per capita, mental health per capita, etc. But it also tops in terms of the cost of healthcare. To save some money you can buy health insurance.
In Boston utility bills consist of the internet for $69 per month, DTH recharge for $68 per month, electricity for $160 per month, water for $2 per month, landline for $2 per month, gas for $1 per month, and mobile $1 per month.
The cost of the internet is dependent upon the provider and it is important to calculate the cost of living in Boston for students. A one-month plan with Verizon will cost you around $39.99 and Xfinity will cost you $39.95.
The cost of fitness changes as per the area within the city because every gym or fitness club has different services and tools and they charge according to them. If you join a gym or fitness club with all facilities and services then be ready to pay some extra money.
The various activities and entertainment in Boston city will cost you around $26 per person per day. But, you can also enjoy some free-of-cost entertainment places like public parks, and walk on the streets.
As of the financial year 2022, in Boston the total tax rate is 6.25% this includes the total state tax rate, country tax rate, and city sales tax rates.
Get to know more such amazing facts by visiting Beingcost.
How Much Do You Need To Live Comfortably In Boston?
Turns out the magic number for Boston is a household income of $120,900. That makes Boston one of the pricier big American cities in which to live comfortably (see chart below). From the study: “A Boston apartment with a couple of bedrooms will cost you $2,821 per month, on average.
Is It Expensive To Live In Boston?
Boston, Massachusetts’s cost of living is 53% higher than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.
Is It Safe To Live In Boston?
US News recently rated Boston as the 13th safest place to live in America, based upon crime statistics and residents’ own reports.
Is It Cheaper To Live In Boston Or Florida?
Cost of Living Comparison Between Boston, MA and Orlando, FL
You would need around 5,412.50$ in Orlando, FL to maintain the same standard of life that you can have with 7,200.00$ in Boston, MA (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living.
Is Boston Cheaper Than NYC?
New York City is more expensive than Boston but not by much. NYC ranks the most expensive city in the US, while Boston is fourth (San Francisco and Honolulu are 2 and 3). The cost of living in New York is 129% higher than the national average, whereas it’s only about 48% higher in Boston.
Boston is one of the Northeast’s best-known historical cities. It is the most populous city in New England and one of the best places to live on the East Coast. As already said, Boston is the cultural hub that offers endless entertainment, convenient transportation, and excellent outdoor recreation. Now, you can make a plan to shift to Boston because you know the cost of living in Boston.