Cost of living - Boston

How Much Does It Cost to Live in Boston in 2024?

Featured in this article

Ad

What is the average monthly cost of living in Boston?
The average cost of living in Boston is $3,005.10 per month.

Boston is well known for its role in the American Revolution. However, now Boston is known as “the Hub of the Universe.” The city has the fastest-growing job market in the country in finance, technology, medicine, and government economic sectors. 

Like many major cities, Boston’s cost of living is high. In fact, it is known as one of the most expensive places to live in the nation. You will find everything at a higher price tag here than in the other areas of the United States. 

In this article, we will help you with everything you need to know about the cost of living if you are looking to live in Boston. Let us take a look!

Methodology

The main data collection source for this article is Numbeo and trusted city-related websites, including MBTA and Mass.gov. The costs presented are estimates and pertain to an individual living alone on a monthly basis.

Cost of Living in Boston, MA – 2024

Housing costs in Boston

Living in the Hub is not cheap. Boston is one of the most expensive cities in the United States. According to payscale.com, Boston’s cost of living is 50% higher than the U.S. average. 

Boston rent prices are also some of the highest in the country.

Cost of rent in Boston

Area/Neighborhood

1-bed apartment

3-bed apartment

Boston (Outside of Center)

$2,164.17

$3,429.41

Numbeo (Oct 2023)

Cost of buying a property in Boston

Area/Neighborhood

Average home price 

Boston

$726,400

Zillow (Oct 2023)

Utility costs in Boston: Internet, electricity and water

Whether you own a house or pay the rent, you must cover the utility cost. However, Boston’s utility cost is higher than in the rest of the United States due to the hot summers and humidity.

Utilities

Cost

Basic

(Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

$197.81

Internet

(60 Mbps or More, Unlimited Data, Cable/ADSL)

$66.22

Total

$264.03

Numbeo (Oct 2023)

What is the average monthly cost of utilities in Boston?
The average monthly cost of utilities in Boston is $264.03.

Ad

Grocery costs in Boston

Boston is one of the most expensive cities in the country to eat in. The grocery cost in Boston is higher than in the rest of the United States. The food cost of products such as eggs, milk, and bread are a little higher than the national average.

Grocery items in Boston

Cost

Milk (regular), (1 gallon)

$4.47

Loaf of Fresh White Bread (1 lb)

$4.03

Rice (white) (1 lb)

$2.67

Eggs (regular) (12)

$5.04

Local Cheese (1 lb)

$8.29

Chicken Filets (1 lb)

$6.74

Beef Round (1 lb)

$8.31

Apples (1 lb)

$2.45

Banana (1 lb)

$0.85

Oranges (1 lb)

$2.63

Tomato (1 lb)

$2.61

Potato (1 lb)

$1.48

Onion (1 lb)

$1.68

Lettuce (1 head)

$2.66

Bottle of Wine (Mid-Range)

$17.00

Domestic Beer (0.5 liter bottle)

$1.90

Imported Beer (12 oz small bottle)

$3.64

Numbeo (Oct 2023)

What is the average monthly cost of groceries in Boston?
The average monthly cost of groceries in Boston is $305.80.

Public transit in Boston

Boston’s MBTA public transportation system is one of the top-rated in the country, especially regarding accessibility and convenience. Public transport in Boston is safe and efficient. Not only that, Boston’s monthly pass is cheaper than what you would see in other major cities. 

Type of fare

Rate

Single bus ticket

$1.70

Single subway ticket

$2.40

Daily pass for subway and bus

$11.00

Weekly pass for subway, bus, Commuter Rail Zone 1A, Charleston Ferry and East Boston Ferry.

$22.50

Monthly LinkPass for subway, bus, Commuter Rail Zone 1A, Charleston Ferry and East Boston Ferry.

$90.00

Monthly local bus pass

$55.00

MBTA (Oct 2023)

How much is the Monthly LinkPass in Boston?
The Monthly LinkPass in Boston is $90.00.

Entertainment costs in Boston

Boston is not only famous for its big schools like Harvard and MIT but it is also famous for biking, jogging and walking trails, beautiful parks, and vast rivers.

Entertainment in Boston

Cost

Mid-range restaurant meal

$50.00

Taxi 1h

$20.00

1 cinema ticket

$16.00

Total

$86.00

Numbeo (Oct 2023)

Sales tax in Boston

Boston’s sales tax is set by the state of Massachusetts at 6.25%.

Mass.gov (Oct 2023)

Healthcare costs in Boston

Prioritizing health care is paramount, and we make sure to factor healthcare expenses into our budget when relocating. In Boston, healthcare costs may exceed the national average, but the range of available health plans means that prices can vary considerably.

Type of healthcare

Cost

Employer-sponsored health insurance

$164.92

Non-employer-sponsored health insurance (average cheapest)

$234.00

Gym

$95.10

Numbeo (Oct 2023) & EHealthInsurance (Oct 2023)

What is the average monthly cost of employee-sponsored health insurance in Boston?
The monthly cost of employee-sponsored health insurance in Boston is $164.92.

Conclusion

The cost of living in Boston is high; however, the city offers a robust job market, a great food scene, and top-notch universities. The city has an efficient transport system, and the neighborhoods are safe and quiet. If rightly budgeted, you can move to Boston in no time. The average cost of living in Boston is mentioned in the table below:

Category

Monthly cost

1 bed apt rent outside city center

$2,164.17

Groceries

Numbeo’s grocery list ($76.45 multiplied by 4)

$305.80

Utilities

Electricity, heating, cooling, water, garbage

$197.81

Internet with 60 Mbps

$66.22

Transit pass

$90.00

Entertainment 

Meal, taxi, movie

$86.00

Gym membership 

$95.10

Total

$3,005.10

Ad

Widgets Magazine

Ad

Widgets Magazine

Share this article on social media

Selina Cifelli

The author

Selina is a motivated marketing intern with a keen interest in developing engaging content related to moving experiences and city life. With a passion for fashion and traveling, she brings a fresh perspective to our readers. Her talent for crafting innovative written material effectively positions MovingWaldo as a trusted resource for hassle-free and efficient moves.

Relevant for your move

How much is your move?

Find a mover

Easily compare multiple quotes

Organize your move

Guided through a checklist

Internet packages

Get up to speed on the new deals

Address change

Update your address in a few clicks

Join the network

Become a trusted vendor in your service area

For agents and brokers

MovingWaldo is a one-stop-shop that simplifies tackling moving tasks

What is MovingWaldo?

We guide millions of families through each step of their moving process, helping them save time and money, and making sure nothing gets left behind.

Trouver un déménageur

Comparez plusieurs devis

Organisez votre déménagement

Guidé à travers une checklist

Changement d’adresse

Mettez Ă  jour votre adresse en quelques clics

Forfaits internet

Soyez au courant des nouvelles offres internet Ă  domicile

Rejoignez le réseau

Devenez un fournisseur de confiance pour desservir votre région

Professionnels de l’immobilier

Prolongez la relation avec vos clients grùce à votre propre plateforme de déménagement personnalisé

Qu'est-ce que MovingWaldo ?

MovingWaldo est un guichet unique qui simplifie la planification du déménagement

Get our printable change of address checklist directly in your inbox