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What Salary Do You Need to Live in Boston?

The published income-needed indicator for Boston stands at $195,495. It covers the housing share of the question, not what it takes to live comfortably, which no dataset defines. The metro income-needed indicator changed 0.60% year over year. The median tracked ZIP in Boston has a typical home value of $815,935 and typical rent of $3,297 per month. Across tracked ZIPs the typical home value runs from $608,161 in 02126 to $3,306,316 in 02199 — a factor of 5.4.

Key stats

  • The metro income-needed indicator changed 0.60% year over year.
  • The median tracked ZIP in Boston has a typical home value of $815,935 and typical rent of $3,297 per month.
  • Across tracked ZIPs the typical home value runs from $608,161 in 02126 to $3,306,316 in 02199 — a factor of 5.4.
  • The median tracked ZIP has a home-value-to-annual-rent ratio of 20.6.
  • 20 of 28 tracked ZIPs (71%) show the current cooling flag.
Tracked ZIP markets
28
Median ZIP home value
$815,935
Median ZIP rent
$3,297
income needed change
The metro income-needed indicator changed 0.60% year over year.
housing cost spread
Across tracked ZIPs the typical home value runs from $608,161 in 02126 to $3,306,316 in 02199 — a factor of 5.4.
metro price to rent
The median tracked ZIP has a home-value-to-annual-rent ratio of 20.6.

The income this metro asks for

The published income-needed indicator for Boston stands at $195,495. It covers the housing share of the question, not what it takes to live comfortably, which no dataset defines.

The metro income-needed indicator changed 0.60% year over year.

How far that income reaches

Across tracked ZIPs the typical home value runs from $608,161 in 02126 to $3,306,316 in 02199 — a factor of 5.4.

The same salary is comfortable in one tracked ZIP and short in another, which is why a single metro figure answers the question only halfway.

Sources and method

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