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.
Is Cambridge Massachusetts expensive?
Cambridge’s housing expenses are 215% higher than the national average and the utility prices are 17% higher than the national average. Transportation expenses like bus fares and gas prices are 18% higher than the national average. Cambridge has grocery prices that are 14% higher than the national average.
Is Cambridge MA cheap?
Cambridge is more expensive than most of Massachusetts. Massachusetts residents generally pay 27 percent more in housing costs than the average resident, but remember that includes every neighborhood and town in Masschusetts, many of which are non-urban.
Is Cambridge bigger than Boston?
Cambridge (/ˈkeɪmbrɪdʒ/ KAYM-brij) is a city in Middlesex County, Massachusetts, and part of the Boston metropolitan area. At the 2020 U.S. Census, the city’s population was 118,403, making it the fourth most populous city in the state, behind Boston, Worcester, and Springfield.
Is living in Cambridge expensive?
Below London, we would find Cambridge is the second most expensive place to live in the United Kingdom.
Is Cambridge MA a rich area?
CAMBRIDGE, MA – A recent study examined the wealth of more than 400 cities in America, and in the northeast, Cambridge was in the top 10. According to a list released by the website NerdWallet, Cambridge is the fourth wealthiest city in the region.
What is the cheapest city to live in Massachusetts?
Whether you’re hoping to rent or buy a home, check out these five most affordable places to live in Massachusetts!
- Adams.
- Easthampton.
- New Bedford.
- Spencer.
- Westfield.
Is it better to live in Boston or Cambridge?
Winner: It depends on what you’re looking for! If you want to settle down in a quiet suburb, Boston is the better choice. However, if you want to immerse yourself in “campus life”, then Cambridge is calling you.
What salary do you need to live in Cambridge?
The Real Living Wage enables a person to have a minimum acceptable standard of living with less reliance on benefits, and is calculated annually according to the cost of living in the UK. The Real Living Wage is currently £10.90 per hour. Living Wage Week 2021 took place from 15 to 21 November.
Is Cambridge affordable to live?
New research has revealed that Cambridge is one of the least affordable places for people on minimum wage to live.
Is Cambridge basically Boston?
Technically no. The city of Cambridge is separated from the city of Boston by the Charles River and is technically in Middlesex County.
Is Cambridge technically Boston?
Technically, no. Cambridge is its own city, with its own government and school system and public services, but you’d be forgiven for thinking it’s a Boston neighborhood.
Is Cambridge a wealthy city?
Cambridge is a wealthy, fast-growing city renowned internationally for knowledge creation, the tech industries and biosciences.
Where do rich people live in Cambridge?
Streets such as Barrow Road, Bentley Road, Newton Road, Latham Road and Chaucer Road are amongst the most exclusive addresses in Cambridge.
Is rent expensive in Cambridge?
A single person estimated monthly costs are 857$ (756£) without rent. Cambridge is 35.60% less expensive than New York (without rent). Rent in Cambridge is, on average, 61.27% lower than in New York.
Cost of Living in Cambridge.
| Restaurants | Edit |
|---|---|
| Banana (1 lb) | 0.56£ |
| Oranges (1 lb) | 1.01£ |
| Tomato (1 lb) | 1.31£ |
| Potato (1 lb) | 0.51£ |
What is a good salary in Cambridge MA?
$58,433 is the 25th percentile. Salaries below this are outliers. $110,676 is the 75th percentile.
Where do billionaires live in Massachusetts?
While much of the state’s most expensive properties are set in Boston, many of the most affluent of Massachusetts’ residents live outside the city in smaller towns like Dover, Sherborn and Carlisle. One such town, Weston, is the wealthiest.
Where do millionaires live in Massachusetts?
Dover, MA
Dover is one of the wealthiest towns in Massachusetts. Located in Norfolk county, Dover has a population of 5,923. Home to some of the most affluent residents of Massachusetts, Dover has a median household income of over $250,000.
What is the nicest town in MA?
Learn more about the best places to visit with our list of the top small towns in Massachusetts.
- Northampton. Quiet pedestrian walkway in Northampton, Massachusetts.
- Provincetown. Aerial view over the harbour of Provincetown.
- Concord. Historic Old North Bridge.
- Wellfleet.
- Sandwich.
- Sturbridge.
- Lexington.
- Gloucester.
What salary do you need to live in Boston?
The Table Below Displays all Two-Bedroom Median Asking Rents
| Neighborhood | County | Income Required |
|---|---|---|
| Bay Village | Suffolk | $248,600 |
| Back Bay | Suffolk | $176,000 |
| Chinatown – Leather District | Suffolk | $170,800 |
| Downtown Boston | Suffolk | $165,520 |
What part of Massachusetts is affordable?
Located in the Springfield metropolitan area, the town of Ludlow is the most affordable city in Massachusetts. From the Ludlow Reservoir Shoreline Trail to the peak of Facing Rock, Ludlow has accessible hiking trails where you can admire the natural beauty of New England.