NYC vs. Boston – Cost of Living Comparison
Over the past decade, Boston has been rapidly ascending the list of most expensive places to live in the US. As the metro region has grown, real estate and Boston rent prices have soared due to an ever-increasing demand for housing and a limited supply of apartments and property listings. Now, Boston is among the most expensive places to live not just in the US, but worldwide. In fact, according to Numbeo’s 2024 Cost of Living Index, Boston is the 5th most expensive city in the world to live being Geneva, Zurich, New York, and San Francisco.
So it appears that we now have a new type of rivalry with the Big Apple: sky-high housing costs. But how high is the Boston cost of living compared to NYC? In this article, we’ll compare the two in terms of median sale prices, average rent, and median household income.
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