- If you’re moving to Boston, you should have a household income of $120,900.
- Of course, this figure can scale up or down depending on the number of bedrooms you need.
- Once again, the $120,900 income figure is based on a 2-bedroom apartment with a monthly rent of $2,900 per month.
Besides, How much should I earn 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).
Who can afford to live in Boston?
This guideline says that the household income must be at least 40 times the monthly rent. For example: two bedroom median rent across Boston is currently $2,600. A Boston household will need to make at least $104,000 combined for an apartment at that price.
What is high salary Boston? Working in Boston comes with its perks.
…
| Job title | Mid-career median pay |
|---|---|
| 1. President | $195,900 |
| 2. Chief technology officer | $195,600 |
| 3. Chief information officer | $189,700 |
| 4. Vice president of marketing | $182,700 |
Hence, Is 80k enough for Boston? It’s not by choice, of course—roommates are practically a financial necessity in Boston. Unless you earn $78,477 per year, that is. According to a new study from apartment search engine Nestpick, that’s the minimum annual salary needed to have your own apartment in Boston.
What is a good salary in Boston for a single person?
A good salary in Boston, MA is anything over $53,000. That’s because the median income in Boston is $53,000, which means if you earn more than that you’re earning more than 50% of the people living in Boston. The average salary in Boston is $63,751. A good hourly wage in Boston is $25.48 per hour.
What is a high salary in Boston?
Jobs are ranked by average annual salary with information up to date as of May 2021. In Boston, the annual mean wage is $76,850 or 31.9% higher than national mean of $58,260, while the highest-paying occupation makes $358,450.
What is a middle class salary in Boston?
Boston’s middle class is broadly defined as households with annual incomes between $50,000 and $125,000.
Where is the cheapest area to live in Boston?
What are the Most Affordable Neighborhoods in Boston?
- Allston-Brighton.
- Dorchester.
- East Boston.
- Roslindale.
- Hyde Park.
What is the poverty line in Boston?
100% of the Federal Poverty Level Guidelines
| Family Size | Annual | Monthly |
|---|---|---|
| 1 | $13,590 | $1,133 |
| 2 | $18,310 | $1,526 |
| 3 | $23,030 | $1,919 |
| 4 | $27,750 | $2,313 |
What is a comfortable salary in Massachusetts?
As of Aug 3, 2022, the average annual pay for the Comfortable jobs category in Massachusetts is $43,122 a year. Just in case you need a simple salary calculator, that works out to be approximately $20.73 an hour. This is the equivalent of $829/week or $3,594/month.
Is 75000 a good salary in Boston?
A good salary in Boston, MA is anything over $53,000. That’s because the median income in Boston is $53,000, which means if you earn more than that you’re earning more than 50% of the people living in Boston. The average salary in Boston is $63,751.
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).
