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The Actual Cost of Living in Boston, Massachusetts

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  • Опубликовано: 18 авг 2024
  • How expensive is it really to live in Boston, MA?? What does the cost of buying and renting look like? How about real estate taxes in Boston? Let's get into some numbers for the cost of living in Boston Massachusetts in 2022.
    🔶If you have questions or you're moving to Boston, get in touch with us🔶
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    Here’s a breakdown:
    0:00 Intro to Boston's cost of living
    1:46 How does Boston compare to other cities?
    5:14 Cost of renting vs. buying in Boston
    8:39 What’s the job market like?
    10:09 Bills in Boston
    11:18 Real estate taxes in Boston
    13:46 Moving to Boston in 2022
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Комментарии • 61

  • @LivingBoston
    @LivingBoston  2 года назад +2

    What further questions do you have about Boston?

    • @guifanciob
      @guifanciob 2 года назад

      Living in Allston to work in Medical Center Area is so far away? I’m a student and I will only receive 1.500$ from my scholarship… thinking to rent a room there in Allston to be cheaper

  • @kdfooaijfea3asdf
    @kdfooaijfea3asdf 2 года назад +8

    Boston residential properties has an exemption so if you live in the property you bought, your real estate tax is lowered by about $3k per year. Assessed values are usually lower. I've lived in Boston for 13 years and honestly feel the the property tax is low.

  • @juice8225
    @juice8225 2 месяца назад +1

    Don't forget how bad the roads are. When the college kids move in the entire city becomes overcrowded

  • @abelpepper
    @abelpepper 2 года назад +3

    This is incredibly helpful. I’m moving at the end of this month and might actually reach out to you for help with the apartment search.

    • @LivingBoston
      @LivingBoston  2 года назад

      Really happy to hear the info is helpful! If you have any questions regarding the apartment search, let me know

  • @yishaiboyer4244
    @yishaiboyer4244 2 года назад +2

    Moving in a month or so from LA (West Hollywood) and it all sounds so intimidating! haha
    Amazing video!

  • @Coffeetime1991
    @Coffeetime1991 2 года назад +5

    I work in the boston area, but I bought a condo in Nashua NH (right on the border 35 mins away)... I bought this condo in the busy area where all the stores are. With my income I am very happy in NH, and with my income in Boston I could barely afford a room in shared housing. I got a cheap economical car for travels and work 3 days a week (full time). There are ways to make it and enjoy boston, you just have to be open minded and smart.

    • @LivingBoston
      @LivingBoston  2 года назад +2

      I agree completely. Boston has areas that aren't outrageous with price, and there's definitely a lot you can find if you're open minded enough to live outside the city

    • @gusangulo3992
      @gusangulo3992 Год назад

      Is it the place that looks like a Medevial Castle right off Daniel Webster? That place looks cool

  • @alexdawson6951
    @alexdawson6951 8 месяцев назад +1

    I regret moving here😢. Wish I.had taken a different path last year

  • @adriennegrammer
    @adriennegrammer 2 года назад +4

    I moved from Memphis TN, to Framingham MA. Lived in Framingham for a year and loved so much of it.
    And yes it’s so so expensive. But has its pros!

    • @Mansa-Ali
      @Mansa-Ali 10 месяцев назад

      Bravo you are out of this crime infested s4it hole.

  • @ChipsChallenge95
    @ChipsChallenge95 2 года назад +3

    It's $7-$9 for a Bud Light bottle at a bar in Boston. The only thing we get a break on is gas, as we're not paying as much as you would in DC or LA, but odds are you can't afford a car, and if you can, you cant afford to insure it or park it as we have the worst drivers and roads in the country.

    • @LivingBoston
      @LivingBoston  2 года назад

      Definitely a good point

    • @AlexCab_49
      @AlexCab_49 2 года назад +2

      Why would you need a car in Boston?

  • @Person-mh6xq
    @Person-mh6xq 10 месяцев назад

    Love these videos but I'd say the #'s are lower different for the adjoining Boston neighborhoods like Allston, Brighton, Watertown, parts of Somerville, etc.

  • @mydasn
    @mydasn Год назад

    Thank you very much!

  • @LizInTheB
    @LizInTheB 2 года назад +2

    The median is WAY off, imo. What can you get for $800k in town--a one bed/one bath?

    • @LivingBoston
      @LivingBoston  2 года назад +1

      So the median was just for the city, but yeah it really depends. In Back Bay 800k might be a studio but if you look in Roxbury, Mission Hill, Dorchester, etc. it could buy a 2 or 3 bed

    • @johnarnold6623
      @johnarnold6623 2 месяца назад

      lol!! You’re going to sell a Roxbury/ Mattapan condo to someone from the Midwest ? You’re a snake oil salesman. There’s a reason why it’s nicknamed Murderpan

  • @perporiap9364
    @perporiap9364 8 месяцев назад

    Has anyone any suggestion for a foreign trainee with no saving ending up 0 $ mid of the month😢 I even now can't move out of boston😂😂😂 any way to repair credit score asap? I am very much trying hard but credit score always below 700 and rent taking 60% of my salary not having a treasure or daddy money or be able to do second job. Going to live in a room also traumatic for me I am really clueless what to do

  • @heartandnature
    @heartandnature 4 месяца назад

    I am now planning to move . Can you help me for rental apartment source ?

  • @emmarose9466
    @emmarose9466 2 года назад +1

    I will be moving in the Boston area in August or September. Will definitely give you a call 2 months prior to my moving day. Looking for something small & safe for around $1500 😅

    • @LivingBoston
      @LivingBoston  2 года назад +2

      I can definitely help with that! Sept 1st move in will have the most options in Boston

    • @emmarose9466
      @emmarose9466 2 года назад

      @@LivingBoston Awesome! Thanks for the quick response. I sent your contact to a friend who's moving in July, he should give you a call tomorrow.

    • @LivingBoston
      @LivingBoston  2 года назад +1

      @@emmarose9466 Always happy to help in any way I can!

  • @TheJournalosopher.
    @TheJournalosopher. 2 года назад +1

    Is Boston, MA, or anywhere in MA, military friendly where is comes to renting and buy? I'm currently enlisted and might be moving here for my next duty station @living Boston

    • @caitlinodonnell2753
      @caitlinodonnell2753 Год назад

      there are temporary leases, but keep in mind, they are competitive. just remember to bring your wallet, even locals can't make it here!

  • @kidziip8197
    @kidziip8197 2 года назад +2

    how is this so professional but no subs :(

    • @LivingBoston
      @LivingBoston  2 года назад +4

      I think growing on RUclips just takes time! It'll get there soon I hope

  • @parishclarke1505
    @parishclarke1505 2 года назад +2

    i know you talking about boston specifically but what about Massachusetts overall?

    • @parishclarke1505
      @parishclarke1505 2 года назад

      Like some areas outside of the downtown area.. places good for jobs & side jobs like Ubereats..

    • @LivingBoston
      @LivingBoston  2 года назад +2

      Yes absolutely I can do videos that incorporate more of this!!

    • @chrisafienko1986
      @chrisafienko1986 2 года назад

      I was born and raised in South Boston. I live 10 minutes outside of Boston and there's a lot that was not said in these videos like if you rent in Boston and have a vehicle. Most apartment building's may charge you$2-$300 a month for a parking spot. Parking here is unbelievably hard. Like I said I'm 10 minutes outside of Boston and rent for a 1 bedroom is around $2500. The property taxes differ from town to town. But I know in my town they pretty much doubled! Because taxes in the country had hit a new high!

    • @caitlinodonnell2753
      @caitlinodonnell2753 Год назад +1

      if you make under six figures, your financial life is absolutely miserable, coming from a native Bostonian

  • @aktermasrufa2350
    @aktermasrufa2350 2 года назад

    Would you please share some information about home rent and tution fee of muslim school in Medford City

  • @mattschiavone3383
    @mattschiavone3383 10 месяцев назад

    It’s called gentrification, it happened in New York and now it’s happening in Boston . Pretty soon the city will out price itself.

  • @toasty-toast
    @toasty-toast Год назад +1

    It’s so cheap compared to Toronto

  • @tdotimothy1616
    @tdotimothy1616 2 года назад

    Are teacher salaries commensurate with these costs? How do educators survive?

    • @LivingBoston
      @LivingBoston  2 года назад

      That's a good question I'm not too familiar with what teachers make in Boston

    • @caitlinodonnell2753
      @caitlinodonnell2753 Год назад

      if you make under a certain income level, you can apply for affordable housing. a lot of midde income people depend on living with family, spouses, or multiple roommates.

    • @tdotimothy1616
      @tdotimothy1616 Год назад +2

      @@caitlinodonnell2753 So, in essence, teachers have to apply for government assistance or co-own properties?

    • @The11Lime
      @The11Lime Год назад

      @@tdotimothy1616 Prices are insane. Even making $100,000 it's really not possible to live in the city unless you have 2 roommates. I think any income less than $78,000 is considered "low income" in the city.

    • @tdotimothy1616
      @tdotimothy1616 Год назад

      @@The11Lime This is what I thought.

  • @xlralphlaurenlx7027
    @xlralphlaurenlx7027 Год назад +5

    Stop saying we. You’re not from Boston.

    • @user-bz5io6ph8w
      @user-bz5io6ph8w 10 месяцев назад +4

      Wow, what hostile attitude. Is this normal for locals?

    • @xlralphlaurenlx7027
      @xlralphlaurenlx7027 10 месяцев назад

      Yes@@user-bz5io6ph8w

    • @xlralphlaurenlx7027
      @xlralphlaurenlx7027 10 месяцев назад

      Stop lying.

    • @xlralphlaurenlx7027
      @xlralphlaurenlx7027 10 месяцев назад

      Bostonians don't coddle bullshitters or bullshit. This has nothing to do with hostility. I'm calling bullshit on this false claimer. We don't want you in our city raising the already high prices as it is. You don't care about how transplants are making it difficult for my family to even afford the 2 bedroom apartment where 9 of them live. You also could give a rats ass about the fact that transplants post signs all throughout neighborhoods of people who lived in Boston their entire life saying for new policies to be put in place to continue to demolish and renovate certain areas so that they are more appealing to transplants. You could care less about anything having to do with Boston. Worry about your own home city. @@user-bz5io6ph8w

    • @mastersnet18
      @mastersnet18 8 месяцев назад

      @@user-bz5io6ph8wyes 😂 thats where the nickname Masshole came from.

  • @michaelgrimes5588
    @michaelgrimes5588 10 месяцев назад

    I think I've become so cynical and bitter I've been rooting against the local sports teams just as a low level petty showing of spite.

  • @tarequlislam7608
    @tarequlislam7608 Год назад

    Can I have a shared room in boston for 500 ?

  • @Naikonul
    @Naikonul 2 года назад +3

    get to the point FFS!