Boston

Ivy League hub with biotech and finance sectors. Expensive but strong job market and excellent quality of life.

US - Northeast β€’ πŸ‡ΊπŸ‡Έ

1-Bed Rent

$2,800

per month

Median Salary

$62,000

per year

Afford Alone?

No βœ—

Challenging

Rent by Housing Type

Studio

$2,300

1-Bedroom

$2,800

Shared 2-Bed

$1,540

Coliving

$1,820

Shared House

$1,260

Monthly Budget (on $3,750 take-home)

Income$3,750
Needs (housing, food, transport)$3,355(89%)
Wants (dining, entertainment)$560(15%)
Savings$375(10%)
Remaining$-540

Most Affordable Areas

  • Dorchester
  • Roxbury
  • Jamaica Plain

Most Expensive Areas

  • Back Bay
  • Beacon Hill
  • Newbury Street

About Boston

  • Biotech and finance hub
  • Ivy League universities
  • Historic neighborhoods
  • Strong job market

Average Monthly Costs (Moderate Lifestyle)

Groceries

$320

Dining Out

$250

Subscriptions

$60

Entertainment

$170

Personal Care

$80

Public Transport

$105

Similar Cities

New York City

$3,400/mo

Philadelphia

$1,600/mo

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