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What Salary Do You Need to Live in Boston?

The published income-needed indicator for Boston stands at $195,230. 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 2.90% year over year. The median tracked ZIP in Boston has a typical home value of $788,761 and typical rent of $3,209 per month. Across tracked ZIPs the typical home value runs from $597,147 in 02126 to $3,619,095 in 02199 — a factor of 6.1.

Key stats

  • The metro income-needed indicator changed 2.90% year over year.
  • The median tracked ZIP in Boston has a typical home value of $788,761 and typical rent of $3,209 per month.
  • Across tracked ZIPs the typical home value runs from $597,147 in 02126 to $3,619,095 in 02199 — a factor of 6.1.
  • The median tracked ZIP has a home-value-to-annual-rent ratio of 20.5.
  • 6 of 28 tracked ZIPs (21%) show the current cooling flag.
Tracked ZIP markets
28
Median ZIP home value
$788,761
Median ZIP rent
$3,209
income needed change
The metro income-needed indicator changed 2.90% year over year.
housing cost spread
Across tracked ZIPs the typical home value runs from $597,147 in 02126 to $3,619,095 in 02199 — a factor of 6.1.
metro price to rent
The median tracked ZIP has a home-value-to-annual-rent ratio of 20.5.

The income this metro asks for

The published income-needed indicator for Boston stands at $195,230. 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 2.90% year over year.

How far that income reaches

Across tracked ZIPs the typical home value runs from $597,147 in 02126 to $3,619,095 in 02199 — a factor of 6.1.

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

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

What a home costs in income, by city

Income needed to buy a typical home, on identical definitions. This is the buying question, not the cost-of-living one.

CityIncome neededvs Boston
Los Angeles, CA$242,1781.24x
New York, NY$208,8131.07x
Boston, MA$195,230—
Seattle, WA$191,0140.98x
Miami, FL$141,3200.72x
Austin, TX$123,7500.63x
Dallas, TX$107,1670.55x
Atlanta, GA$103,8410.53x
Chicago, IL$103,7610.53x
Houston, TX$88,8630.46x

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