HomeMarketCap.com

Is It Cheaper to Live in Boston or Seattle?

Housing is 1% cheaper in Boston on typical home value: $788,761 in Boston against $798,214 in Seattle. Typical rent is 29% lower in Seattle: $3,209 in Boston against $2,290 in Seattle per month. The ranges overlap: Boston runs $597,147 to $3,619,095 across its ZIPs and Seattle runs $533,258 to $1,338,232, so the cheaper metro on the median still contains neighborhoods dearer than parts of the other.

Key stats

  • Typical home value is 1% lower in Boston: $788,761 in Boston against $798,214 in Seattle.
  • Typical rent is 29% lower in Seattle: $3,209 in Boston against $2,290 in Seattle per month.
  • The ranges overlap: Boston runs $597,147 to $3,619,095 across its ZIPs and Seattle runs $533,258 to $1,338,232, so the cheaper metro on the median still contains neighborhoods dearer than parts of the other.
  • The income-needed indicator stands at $195,230 for Boston and $191,014 for Seattle, a difference of $4,216.
Median ZIP home value
$788,761 / $798,214
Median ZIP rent
$3,209 / $2,290
Tracked ZIP markets
28 / 22

What housing costs in Boston and Seattle

Typical home value is 1% lower in Boston: $788,761 in Boston against $798,214 in Seattle.

Typical rent is 29% lower in Seattle: $3,209 in Boston against $2,290 in Seattle per month.

Where the two metros actually overlap

The ranges overlap: Boston runs $597,147 to $3,619,095 across its ZIPs and Seattle runs $533,258 to $1,338,232, so the cheaper metro on the median still contains neighborhoods dearer than parts of the other.

A metro median decides nothing on its own: a move lands in one neighborhood, not in the average of all of them, and the ranges above are what a shortlist has to sit inside.

What this comparison does not include

This page compares housing only. Groceries, transport, state and local taxes, insurance, and childcare are not measured here and can move the total either way — in particular, the two metros may sit in states with very different income-tax treatment.

The income-needed indicator stands at $195,230 for Boston and $191,014 for Seattle, a difference of $4,216.

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Sources and method

Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.

What that costs per month in Boston

Principal and interest on $788,761, the typical value of the median tracked ZIP. Taxes, insurance, and any association dues are not included.

%
%
yrs

$3,988 / monthprincipal and interest

An estimate for comparison between markets, not a quote or an offer of credit. Actual payments depend on the rate you are offered, the property, and the loan terms.

What that costs per month in Seattle

Principal and interest on $798,214, the typical value of the median tracked ZIP. Taxes, insurance, and any association dues are not included.

%
%
yrs

$4,036 / monthprincipal and interest

An estimate for comparison between markets, not a quote or an offer of credit. Actual payments depend on the rate you are offered, the property, and the loan terms.

Both cities in detail

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