Boston

Boston, Massachusetts is a mid-size city with a population of approximately 653,833. The overall cost of living index sits at 151, which is significantly above the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 51% more expensive compared to the typical U.S. city.

Housing is the largest cost driver in Boston. Median rent is $3,510 per month, while the median home price is $768,702. At a median household income of $94,755, rent consumes roughly 44% of gross income, which places a heavy burden on household budgets. The housing sub-index of 228 highlights significantly elevated shelter costs.

Beyond housing, healthcare is the most elevated non-shelter expense in Boston with a sub-index of 156, while utilities is comparatively more affordable at 139. State-level taxes also shape the true cost of living: Massachusetts applies a 5.00% income tax rate, and property tax averages 1.04% of assessed home value. The combined sales tax rate is 6.25%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Boston has remained relatively stable. Among the 4 tracked cities in Massachusetts, Boston ranks #3 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Boston actually costs.