Cambridge massachusetts cost of living

Is it expensive to live in Cambridge MA?

Cambridge’s housing expenses are 220% higher than the national average and the utility prices are 20% higher than the national average. Transportation expenses like bus fares and gas prices are 14% higher than the national average. Cambridge has grocery prices that are 11% higher than the national average.

Is Cambridge more expensive than Boston?

– The Median Age in Boston is 0.8 years older than in Cambridge . – Boston housing costs are 25.3% less expensive than Cambridge housing costs. – The average commute for residents of Boston is 4.9 minutes longer than it is for residents of Cambridge .

Is Cambridge MA a good place to live?

Cambridge is in Middlesex County and is one of the best places to live in Massachusetts. Living in Cambridge offers residents an urban feel and most residents rent their homes. Many young professionals live in Cambridge and residents tend to be liberal. The public schools in Cambridge are highly rated.

How much does it cost to live in Massachusetts?

An amount below 100 means Massachusetts is cheaper than the US average . Massachusetts cost of living is 127.2.

COST OF LIVING Massachusetts United States
Housing 176.4 100
Median Home Cost $407,900 $231,200
Utilities 112.9 100

Is 100k a good salary in Boston?

If you earn a $100,000 salary , then you’re well ahead of the median worker in the U.S. But if you live in Boston , it’s harder to make that money go as far as it does in other major U.S. cities. Boston ranks in the bottom 15, according to the GOBankingRates.com report.

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Can you live in Boston on 50k?

At only 50k you could get an apartment by yourself but it would have to be outside Boston . You may be able to get that in Quincy, Braintree, Malden, Medford, revere, Chelsea. No student loans or any other debt? You ‘ll be more or less OK, though you most definitely won’t be living it up.

Is Cambridge a safe city?

Cambridge is a relatively safe city compared to the rest of the UK and was ranked 8th safest among university towns and cities in 2016. However, crime levels do rise slightly during the summer months due to the increased population of tourists.

Is Cambridge a safe place to live?

Cambridge — 7.35 Peaceful surroundings make this university city one of the safest in Britain. Residents have positive views overall of the city, with many feeling it is a happy and safe place to live .

Where should I live if I work in Cambridge MA?

Waltham, Watertown, and Arlington are some middle-of-the-road towns that are close to Cambridge and the commute would probably be 15-25 minutes. Parts of Cambridge and parts of Somerville are nice and even closer.

What is the cheapest city to live in Massachusetts?

These are the 10 most affordable places to live in Mass., according to a new study

Rank City Affordability Index
1 Athol, MA 36.64
2 Bellingham, MA 36.08
3 Longmeadow, MA 32.53
4 Palmer Town , MA 31.77

Is it cheaper to live in Florida than Massachusetts?

Florida is 16.1% cheaper than Massachusetts .

How much money do you need to live comfortably in Massachusetts?

Typical Expenses

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1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 0 Children
Required annual income after taxes $28,212 $41,619
Annual taxes $3,936 $5,806
Required annual income before taxes $32,147 $47,425

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