Cost of Living in Boston

Intellectual powerhouse with top hospitals and universities; high cost of living is matched by high earning potential.
Moving abroad? The Wise account makes relocation easy.

$4,995

Average cost per month

1

Distribution of Expenses

Property
72%
Groceries
10%
Eating Out
6%
Transportation
2%
Utilities
7%
Leisure
3%
Property
72%
Groceries
10%
Eating Out
6%
Transportation
2%
Utilities
7%
Leisure
3%

Freedom Trail & college sports

Charles River & harbor

Edu/Biotech; walkable tradition

Cost of living breakdown for Boston

Living costs in Boston can vary. You can expect to spend around $4,995 per month for 1 person as of 2026, on common living costs such as housing, food, and transport.

Housing

$3,477Average rent per month in Boston
$13,072Price per m² (city centre)
$6,367Price per m² (outside centre)
Housing

Standard of Living

Cost of living index63
Quality of life index86
Safety index66
Standard of Living

Food & Drink

Boston average costs for food and drink.

$486Monthly groceries/person
$279Dining out average cost/person
$5Regular coffee
Food & Drink

Salary & Services

Boston average salaries and services.

$6,462Average Monthly Net Salary in Boston
$90Transport
Healthcare69
Salary & Services

Average living costs in Boston

ItemAverage pricePrice range
1 Bedroom Apartment in City CentreRent Per Month$3,476.57$3,000.00 - $4,000.00
1 Bedroom Apartment Outside of CentreRent Per Month$2,618.81$2,000.00 - $3,005.00
3 Bedroom Apartment in City CentreRent Per Month$5,971.33$4,800.00 - $8,000.00
3 Bedroom Apartment Outside of CentreRent Per Month$3,938.76$3,200.00 - $5,000.00

The account that moves with you

Cities in United States

Relocation made simple

Whatever you're relocating for, the Wise account is made to support you.

App Store

4.8★ on App Store 152K reviews

Google Play

4.8★ on Google Play 1.3M reviews

Our smart app makes relocation easy

Frequently asked questions

The cost of living in Boston depends on your lifestyle. On average, a single person needs $1,518 per month without rent, while a family of four requires $5,325. Renting a 1-bedroom apartment in the city centre costs an additional $3,477 on average.

Public transport prices vary, but generally, a one-way ticket for local transport in Boston costs $2. If you are commuting regularly, a monthly pass is typically priced at $90.

The average monthly net salary (after tax) in Boston is currently $6,462.

Dining costs depend on your choices. A meal at an inexpensive restaurant in Boston costs approximately $25, while a three-course meal for two people at a mid-range restaurant costs around $110.

The estimated monthly cost of living in Boston for a single person is $1,518, excluding rent.

For a family of four living in Boston, the estimated monthly costs are $5,325, not including rent.

Rent prices in Boston depend on the area. The average monthly rent for a 1-bedroom apartment in the city centre is $3,477, compared to $2,619 outside the centre. For a 3-bedroom apartment, the average is $5,971 in the centre and $3,939 in suburban areas.

Basic utilities in Boston (including electricity, heating, cooling, water, and garbage for an 85m² apartment) cost an average of $236 per month. Internet access typically adds another $86.