| Boston, MA | |
|---|---|
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| State | Massachusetts |
| Population | 684,379 |
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Compared to the surrounding areas, Boston is somewhat less expensive, and it is substantially more expensive compared to the entire country.
The median home value in Boston is $532,700. It is approximately $129,517 (19%) lower in comparison to nearby areas.It is roughly $315,200 (144%) higher in comparison to the rest of the nation.
In Boston the median monthly rent is $1,620. It is roughly $221 (12%) lower in comparison to its nearby areas.It is about $558 (52%) higher in comparison to the US as a whole.
Brookline is Boston's neighbor to the west. Its real estate prices are substantially more expensive. Brookline's median home price is $933,200, which is $400,500 (42%) higher than Boston. Rent there is a little more expensive. In Brookline the median rent is $2,268 per month, which is $648 (28%) higher than Boston.
Cambridge is Boston's neighbor to the north. The real estate prices there are somewhat more expensive. Cambridge's median home price is $768,300, which works out to $235,600 (30%) higher than Boston. Its rents are a little more expensive. In Cambridge the median monthly rent is $2,221, which works out to $601 (27%) higher than Boston.
Somerville is Boston's neighbor to the north. The housing prices there are somewhat more expensive. The median home in Somerville is valued at $664,700, which comes out to $132,000 (19%) higher than Boston. Rent there is a little more expensive. The median monthly rent in Somerville is $1,874, which works out to $254 (13%) higher than Boston.
Milton is Boston's neighbor to the south. The real estate prices there are a bit more expensive. The median home in Milton is valued at $618,800, which is $86,100 (13%) higher than Boston. Rents there are a little less expensive. In Milton the median monthly rent is $1,330, which works out to $290 (21%) lower than Boston.
Watertown Town is Boston's neighbor to the northwest. The real estate prices there are similar. The price of the median home in Watertown Town is $559,700, which is $27,000 (4%) higher than Boston. The rent there is somewhat more expensive. In Watertown Town the median rent is $1,853 a month, which works out to $233 (12%) higher than Boston.
Quincy is Boston's neighbor to the southeast. Real estate prices there are a little less expensive. The median home in Quincy costs $428,600, which is $104,100 (24%) lower than Boston. Rents there are a little less expensive. In Quincy the median rent is $1,501 per month, which is $119 (7%) lower than Boston.