Cost of Living in Boston

The cost of living in Boston is high, and new arrivals should prepare their budgets carefully to avoid any nasty surprises. In Mercer's Cost of Living Survey for 2022, Boston was listed as the 30th most expensive out of 227 cities, up from 50th in 2021. 

Employment packages may include some contribution toward accommodation and health insurance. Nonetheless, new arrivals should be aware of their possible monthly expenses before negotiating their salary.

Cost of accommodation in Boston

Accommodation is likely to be the largest expense for those moving to Boston. As there is a high demand for accommodation in Boston, rental costs are expensive. Tenants often need to pay their first month's rent as well as a security deposit to secure their lease. This, combined with rental agency fees, means that new arrivals need to budget for hefty initial housing costs.

Cost of eating out and entertainment in Boston

There is much to see and do in Boston, but recreational pursuits aren't cheap. Since Boston is considerably smaller than many other cities in the US, there is less competition between businesses, so eating out and entertainment costs remain high. That said, expats on a budget who spend smartly can live comfortably while still enjoying the city.

Cost of transport in Boston

Thankfully, there isn't a need to invest in some wheels when moving to Boston, as the city boasts a comprehensive and reliable public transport network that is accessible at reasonable prices. Boston is also fairly bicycle-friendly for those wanting to commute by bike to save and improve their physical health.

Cost of education in Boston

Education in Boston is of a high calibre. The city is home to some of the country's top public schools, which are free to attend for US citizens and legal residents. On the other hand, fees for private and international schools can be steep, so newly arrived parents planning on taking this route should try to negotiate the inclusion of fees into their relocation contracts.

Cost of living in Boston chart 

Prices may vary depending on product and service provider. The list below shows average prices for Boston in February 2023.