How expensive is it to live in Cambridge MA?

How expensive is it to live in Cambridge MA?

Cambridge cost of living is 181.8

COST OF LIVING Cambridge Massachusetts
Grocery 115.5 108.9
Health 83.4 83.7
Housing 349.1 176.4
Median Home Cost $937,500 $510,500

What salary is needed to live in Cambridge MA?

Typical Expenses

0 Children 2 Children
Required annual income after taxes $38,027 $75,096
Annual taxes $8,891 $17,558
Required annual income before taxes $46,918 $92,654

Is Cambridge Massachusetts an expensive place to live?

Overall, Cambridge is 50% more expensive than the average town. However, most of this is due to housing. Housing is 126% more expensive than the rest of the United States. When it comes to groceries, you can expect to pay about 9% more than average.

Is Cambridge Boston Expensive?

According to Numbeo, Boston has a slightly cheaper cost of living compared to Cambridge. You will typically need to spend around $6,613 per month in Boston compared to $6,800 per month in Cambridge to maintain the same standard of living. This amount covers rent, utilities, and food.

How much rent should I pay in Cambridge?

How much does it cost to rent in Cambridge? Rental cost in Cambridge greatly dependent on where you live, an average rent for a flat or a house in normal area $1700 per month.

Is Cambridge an expensive area?

Below London, Cambridge is the second most expensive place to live in the United Kingdom.

Is 18 dollars an hour livable?

In short, 18 dollars is $37,440 a year which is above the minimum wage and is enough to live on in most areas as long as you do not have any dependents. Most jobs earning $18 an hour do not require a degree and are in stable, high-growth industries such as manufacturing, health care, and technical fields.

Is 100k enough to live 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.

Why is it so 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 rent in Cambridge expensive?

Rents in Cambridge are among the most expensive in England, new figures have revealed. The numbers, released by the Valuation Office Agency, show an average two-bed property costs £1,219 a month in the year to March.

Is Cambridge cheap to live in?

Cambridge Housing Costs House prices in Cambridge as comparatively high. Not only is Cambridge only 50 miles from London, so easily commutable by train, it is a desirable city to live in. There’s a constant shortage of both properties to buy and rent.

Where should you not live in Cambridge?

Peterborough. Peterborough and its surrounding villages top the list for most dangerous area in Cambridgeshire, which is logical based on its large population of 119,000.

  • Cambridge South. Cherry Hinton Road.
  • Huntingdon. Graffiti in Huntingdon.
  • Cambridge North. North Cambridge as seen from the air (Image: Google)
  • Wisbech.