What Salary Do You Need to Live Comfortably in Boston, MA in 2024?
Overall, on average, a gross annual salary of $104,668 is required for an average quality of life in Boston, MA.
Is the Cost of Living High in Boston, MA?
Boston, MA is ranked 326th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the most expensive cities in which to live in the U.S. Boston, MA's average monthly rent is 58% higher than the U.S. average cost of rent.
Is $50,000 a Good Salary in Boston, MA in 2024?
A gross annual salary of $50,000 in Boston, MA will yield an average annual net salary of $43,382. Considering that the total average annual cost of living in Boston, MA is $72,719, a gross annual salary of $50,000 will be insufficient to cover average living costs.
How Much Should You Pay for Rent in Boston, MA?
The average monthly rent in Boston, MA in the city center is $3,201 for a 1 bedroom apartment, $3,806 for a 2 bedroom apartment and $5,003 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $2,403 for a 1 bedroom apartment, $2,908 for a 2 bedroom apartment and $3,509 for a 3 bedroom apartment.