Cost of Living in Boston

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The cost of living in Boston is high, and new arrivals should plan their budgets carefully to avoid any unexpected financial strain. As one of the pricier cities in the US, Boston’s living costs – particularly for housing and healthcare – can be substantial compared to many other metropolitan areas.

Employment packages may include some contribution toward accommodation and health insurance. Nonetheless, those moving to the city should have a clear understanding of their expected monthly expenses before negotiating their salary.

Cost of accommodation in Boston

Accommodation is likely to be the most considerable expense for those moving to Boston. There is a high demand for housing, so 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.

Accommodation in Boston

Cost of transport in Boston

Thankfully, you don’t need to invest in some wheels when moving to Boston, as the city boasts a reliable public transport network that’s accessible at reasonable prices. Boston is also fairly bicycle-friendly if you want to commute by bike to save money and improve your fitness.

Public Transport in Boston

Cost of groceries in Boston

Grocery costs in Boston run higher than the national average, with food prices having climbed substantially since 2021. Major chains like Stop & Shop and Star Market are widely available, although Market Basket offers better value if you can reach their locations.

Most neighbourhoods have convenient access to mainstream supermarkets, while speciality stores tend to be found in international communities. Delivery services cover all major chains, and farmers’ markets operate seasonally across the city for local produce options.

Cost of entertainment and eating out 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, if you do some research and spend money smartly, you can live comfortably while still enjoying the city.

See and Do in Boston

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 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 in their relocation contracts.

Education in Boston
International Schools in Boston

Cost of healthcare in Boston

Boston is home to some of the best hospitals and highly trained healthcare practitioners in the US, but accessing these facilities comes at a steep cost. Health insurance premiums have risen sharply, although some new arrivals may be fortunate to have their medical insurance covered by their employers. For those who have to pay for their own health insurance, it’s important to bear in mind that the cost will vary depending on factors such as medical history, age, and lifestyle habits.

Healthcare in Boston