Boston is a city that is a synonym of American history. The community was founded in 1630 by Puritan colonists from England, helping it to become the metropolis that it is today. It would become New England’s financial, religious, commercial, and education hub. Even the civil war exploded there in the 18th century, as the British reacted for the actions of the Boston Tea Party with intimidation and violence.
Boston is home to nearly 140,000 seasonal coeds who create a lively environment for college cities, it isn’t without culture and resources. There are many reasons that so many people are pushing thousands of people to make it a fact to migrate to Boston for rent and mortgages.
There are also reasons why people prefer not to live in the city and may go to a nearby suburb. Perhaps they will absolutely opt out of going to Boston. The City on the Hill is not for all, which is why let’s discuss some of the pros and cons of living in Boston.
Pros of Living in Boston
1. Thriving Job Market
Most people decide to migrate to Boston because a prolific job market in a number of sectors is open. The sectors of technology, banking, and life sciences seem to provide the most opportunities, although many entrepreneurs and start-ups can also be found in the area. Some of the biggest names in the world, including Amazon, Microsoft, Google, Pfizer, Fidelity Investments, and Merck, have offices here.
Be aware that the job market is very competitive, so keep your resume up-to-date and start working to get into your dream position with a job placement coach.
2. Educational Opportunities
In the growing Boston Public School system, there are 125 schools, so there is a curriculum available that suits most kids and their families. To see if there are any suitable schools that will fit your needs, you’ll want to research the neighbourhoods in the area. You can uncover some advantages and disadvantages, but it helps to train children for a career or college.
The city’s university settings are also an asset in this category. world-class universities like Cambridge, Boston University, MIT and Harvard. are close to your home.
3. Walkable City
Boston is a city that looks huge from the outside, but when you live here, you can soon learn that it is incredibly small. Over a weekend without really missing much, many visitors with a comfortable pair of walking shoes can see everything they want.
About half of the people do not ride by vehicle either, meaning there is a lot of cycling and public transit in use here. You will find that if you are able to put in a little research effort, it is not too hard to find a career close to your new home. When you get into Boston as well, make sure to catch a commuter card. In those times that you are in a hurry, it will allow you to run around quicker.
Boston’s culinary scene delivers a dizzying variety of different styles, ethnicities, and traditions that will have your mind spinning. The seafood is fresher here than about everywhere else in the world, whether you like oysters and clam chowder or some of the best beer around. Note that there are certain people who make their chowder with ketchup, so if you eat out, order accordingly. When you live in the area, even a short sandwich from a nearby deli is at another level in comparison to what you might get elsewhere.
In certain years, Boston winters can be difficult because of the wind, snow, and cold you’re going to experience. Catching the wind coming in from the ocean will make your bones chill! As you make it to the summer, you will find that they are comparatively pleasant when compared to the hotter, more humid cities that are further south. But for the occasional spell in July and August, you will not need to cope with extreme weather.
6. Convenient Location
You will find that Boston is well located in the northeast, to provide you with various day trips and weekend excursions to some of the best spots along the Atlantic coast. Without much work, you can hit the rocky coast of Maine, see the Hudson Valley, visit Rhode Island or chill in Nantucket.
Even though winters can still feel long, the expense is always worth the rewards of a sunny spring day. Most of the cities and towns are relatively small, which means it would not take much travel time to reach Cape Cod or Martha’s Vineyard at all.
Cons of Living in Boston
1. Cost of living
If you do not mind being in one of the “poor” neighbourhoods of the area, you can find an inexpensive place to rent, but the rest of them and the suburbs would take a huge amount of your budget. The average rent in Back Bay for a two-bedroom location is $3,500 per month. It’s only $500 a month cheaper to live in Beacon Hill, while a location in South Boston would double the savings. If you want to live near the water, then you will also be paying a premium for that privilege.
Boston’s overall cost of living is 47% higher than it is across the United States. Living in the area is costlier than being in Chicago, Miami, or Los Angeles. Only San Francisco and New York City are more expensive than Boston
2. Inefficient Public Transport
Designated commuter trains operate on schedules that, once you work out the system, will help you cut back on your morning commute. What you can also find is that some of the longest tunnels currently in service in the United States are used by the public transport system. To properly access the grid, you will need to get to know the red, blue, and orange subway lines.
Keep in mind that after 1 AM the trains do not run, so you will need to schedule your outings accordingly. Taxis, Lyft, and Uber are all common in the early morning hours.
Due to how compressed the city is with this design, parking is still a struggle in Boston’s downtown district. Many of the buildings in the neighbourhood do not provide off-street parking, so if you intend to drive a car, you would need to get a residential parking permit. You’ll want to prepare accordingly for your commute while the Red Sox are playing in town because the traffic becomes a disaster before and after the game. Be sure you know what the timeline is so you can work through it.
Arguably, Boston is one of the hardest places to try to navigate in the United States. There are obscure avenues of the area, road signs that seem out of place, and traffic jams, shocking you at all hours of the day. When you plan to start staying here, it helps to use a phone with a high-quality GPS app until you start understanding the system. Without this app, when you need to head the other direction, you might find yourself trapped at a random dead-end, a rotary, or going down a single way.
5. Need of a Real Estate Agent
If you plan to start living in Boston, then if you want to find a place first, it is imperative to realize what your rights would be as a resident. The rental market is exceptionally competitive because of the high housing prices. In the area, there are more two-unit and three-unit owner-occupied houses than there are apartment buildings. That means you can, first of all, run into some novice landlords.
Because of the market’s competition, it pays to use a real estate company. Since you will need to pay for their services the equivalent of one month of rent, you will need to prepare accordingly. In order to move into a place, most landlords would still need a first, last, and security deposit.
Cost of Living
It is very costly to live in Boston. Overall, Boston’s cost of living is 47 per cent higher than the national average. Chicago, Los Angeles, Phoenix, Miami and Dallas are more expensive than Boston. As far as pricey places to live, only a few cities have beaten Boston, a few of which are New York and San Francisco.
There isn’t as much space for expansion as an older city, and a massive influx of young city dwellers is slowing down the public transit infrastructure. Job prospects, though, are safe and a strategic step will make life in Boston a fantastic experience.
1. Home Price
It doesn’t come cheap to buy a house in the Boston metro area. In reality, the city has one of the highest median single-family home prices on the East Coast, according to the National Association of Realtors. At $460,300, the city ousts those like New York ($403,900) and Washington, D.C. (417.400 dollars).
Data from Neighborhood Scout reveals that the Boston housing market experienced a collective appreciation rate of almost 130 per cent from 2000 to 2018. This is not only one of the highest deals in Massachusetts, but the county as well. Take a look at our mortgage calculator in Massachusetts to get an idea of how much mortgage financing for your home could set you back.
Boston may not be nearly as costly as New York or San Francisco, but it’s still expensive. A studio apartment in Boston goes for a median monthly rent of $1,486, according to the Apartment List (March 2019). The median leaps to $1,696 for a one-bedroom apartment, while a two-bedroom hits the $2,000 mark at $2,103.
The Apartment List study also reveals that rentals in Boston far outweigh the national median. The U.S. median for studios is $872, and for a two-bedroom, the national mark is $1,175. That means Boston comes in above those prices at $659 and $928, respectively.
From Italian pastries in the North End to steaming bowls of New England clam chowder, Boston has plenty of food to sell. If the budget is small, you’ll need a minimum of $14.06 per day and $435.78 a month to spend on food, Numbeo.com (May 2019) reports. That’s much costlier than the average in the U.S., which is $10.47 a day and $324.50 per month. In other words, food is expensive in Boston. Expect to spend about $15 for a lunch at an affordable restaurant if you plan to eat out. According to Numbeo.com, a three-course dinner for two at a mid-range restaurant comes with an estimated price of $69.
You’ll need to pay for electricity independent of where you plan to live. A simple service plan for a 915-square foot spot in Boston would cost you $147.15 per month, according to Numbeo.com data from May 2019. Electricity, heating, water and waste are included at a premium that is around $5 less than the national average.
Boston’s public transport system is operated by the Massachusetts Bay Transportation Authority (MBTA). A monthly LinkPass offers you unrestricted access for only $84.50 to Boston’s subway lines and commuter buses. That’s a lot cheaper than you would have charged in New York City ($116.50) and Los Angeles ($100) for the same pass. You’ll need to drive if depending on public transit really isn’t for you. You can pay a charge of $60. to register a car with the Massachusetts DMV. $75 is the Massachusetts DMV title fee.
The average cost of one gallon of gas in Boston is $2.87, which is almost precisely in line with the national average, according to a May 2019 survey from GasBuddy. Metered parking charges $1.25 an hour and $0.25 per 12 minutes in Boston, with a maximum of two hours. On Sundays and government holidays, parking is free.