Boston, MA cost of living
MA · BLS RPP 119.8
Overall RPP
119.8
US = 100
Housing RPP
155.4
Housing component
Goods RPP
104.7
Goods component
2-BR Rent (HUD)
$2,640/mo
FY2024 FMR
What salary do you need in Boston, MA?
Equivalent salary to maintain the same purchasing power as in a US-average city (RPP 100).
| In US-average city | You need in Boston, MA | Formula |
|---|---|---|
| $50,000 | $59,900 | $50,000 x (119.8/100) |
| $75,000 | $89,850 | $75,000 x (119.8/100) |
| $100,000 | $119,800 | $100,000 x (119.8/100) |
| $125,000 | $149,750 | $125,000 x (119.8/100) |
| $150,000 | $179,700 | $150,000 x (119.8/100) |
| $200,000 | $239,600 | $200,000 x (119.8/100) |
This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.
State income tax note
Massachusetts flat income tax 5.0%. No city income tax.
Frequently asked questions
- What is the cost of living in Boston, MA?
- Boston, MA has a BLS Regional Price Parity of 119.8 (US average = 100). It is 19.8% more expensive than the national average.
- What salary do I need to live in Boston, MA?
- If you earn $100,000 in a US-average city (RPP 100), you would need approximately $119,800 in Boston, MA to maintain the same purchasing power.
- What is the average rent in Boston, MA?
- The HUD Fair Market Rent for a 2-bedroom in Boston, MA is approximately $2,640 per month as of FY2024.
Compare with other cities
Buying a home in Boston, MA? See closing costs at TallyClose.