...

The 11 Most Expensive Cities in the U.S.

    Boston, Massachusetts

  • Living costs: 50.8 percentage points higher U.S. average
  • The population of the city: 689,326
  • Median Household Income: $76,298
  • Median home value: $581,200
  • The rate of unemployed: 3.5%

With its unbeatable array of hospitals, universities, historical sites, and biotech and tech companies, it’s easy to understand why Boston is such a desirable location. While there’s no doubt Boston’s appeal isn’t without cost, it’s less expensive than other East Coast cities that are frequently discussed in the exact phrase as Boston.

In the end, significant levels of college students, recent graduates and young professionals need a certain degree of affordability to make it through the first few months of beginning their careers. Food items, for instance, cost “only” 16% more costly than the average for Americans. Healthcare costs 17% more than the average American spends, while other goods and services are not even 20% more expensive.

Costs associated with housing, however, are an absolute killer. Owners and renters must pay more than three times the average national home cost. For example, the median rental price for a home is $3,396 per month in Boston. This compares to an average national rate of $1,233 per month as per C2ER.

Another blow to Massachusetts is the pockets of Massachusetts residents; Massachusetts isn’t particularly tax-friendly to middle-class families or retired individuals.

Leave a Comment

Seraphinite AcceleratorOptimized by Seraphinite Accelerator
Turns on site high speed to be attractive for people and search engines.