Cost of Living / Boston-Cambridge-Newton, MA-NH Metro Area
Cost of Living in Boston-Cambridge-Newton, MA-NH Metro Area
Boston-Cambridge-Newton, MA-NH Metro Area has a population of 4,912,449. Median household income is $107,117 and median rent is $1,827 per month. Rent is roughly 20.5% of median monthly income.
State: AREAPopulation: 4,912,449Income: $107,117Rent: $1,827Affordability: Affordable (20.5%)
Median Household Income
$107,117
Annual (ACS median)
Median Rent
$1,827
Monthly (ACS median gross rent)
Rent as % of Income
20.5%
rent ÷ (income/12)
Cost Index
143
Simplified relative index
Is Boston-Cambridge-Newton, MA-NH Metro Area expensive?
Based on median rent and income, Boston-Cambridge-Newton, MA-NH Metro Area has a Affordable rent burden. Median rent is $1,827, which is about 20.5% of median monthly household income.
Average rent in Boston-Cambridge-Newton, MA-NH Metro Area
Median rent (ACS) is $1,827 per month. (Neighborhoods vary widely.)
How much income do you need in Boston-Cambridge-Newton, MA-NH Metro Area?
Median household income (ACS) is $107,117 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in AREA
Compare Boston-Cambridge-Newton, MA-NH Metro Area with nearby metros:
- Boston-Cambridge-Newton, MA-NH Metro Area vs New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Boston-Cambridge-Newton, MA-NH Metro Area vs Los Angeles-Long Beach-Anaheim, CA Metro Area
- Boston-Cambridge-Newton, MA-NH Metro Area vs Chicago-Naperville-Elgin, IL-IN-WI Metro Area
- Boston-Cambridge-Newton, MA-NH Metro Area vs Dallas-Fort Worth-Arlington, TX Metro Area
- Boston-Cambridge-Newton, MA-NH Metro Area vs Houston-The Woodlands-Sugar Land, TX Metro Area
- Boston-Cambridge-Newton, MA-NH Metro Area vs Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area
- Boston-Cambridge-Newton, MA-NH Metro Area vs Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area
- Boston-Cambridge-Newton, MA-NH Metro Area vs Miami-Fort Lauderdale-Pompano Beach, FL Metro Area
- Boston-Cambridge-Newton, MA-NH Metro Area vs Atlanta-Sandy Springs-Alpharetta, GA Metro Area
- Boston-Cambridge-Newton, MA-NH Metro Area vs Phoenix-Mesa-Chandler, AZ Metro Area
- Boston-Cambridge-Newton, MA-NH Metro Area vs San Francisco-Oakland-Berkeley, CA Metro Area
- Boston-Cambridge-Newton, MA-NH Metro Area vs Riverside-San Bernardino-Ontario, CA Metro Area
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.