U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Massachusetts > Boston
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
 
Old 12-26-2010, 11:06 AM
 
1,296 posts, read 1,904,932 times
Reputation: 645

Advertisements

I've been applying for jobs in the Boston area. What kind of a minimum yearly salary would a single person need, to have a middle-class standard of living in Boston? When I say middle-class, I mean being able to have a one bedroom apt. that is decent, in a reasonably safe area, being able to afford to shop at Trader Joes for groceries, pay my utilities with no problem, enjoy entertainment occasionally, afford other necessities with no problem, and still be able to save a sum of money every month, to cover emergencies. Any advice is appreciated.
Quick reply to this message

 
Old 12-27-2010, 12:33 AM
 
Location: Boston Suburb
2,025 posts, read 4,996,316 times
Reputation: 1498
Depends what neighborhood/town you live in since rent is probably your highest expense.

Let's say you find an apt for $1000K + Utilities. Assuming you have no student loans and debts, I wouldn't take a job for less than 65K. That would be my minimum and it'd take a job at this salary only if there is prospect for the salary to go up in the future.

BTW, If you have loans & debt (car payment, student loan, cc bills, etc) and have expensive habits then obviously you'd go higher.
Quick reply to this message
 
Old 12-29-2010, 12:46 PM
 
Location: Quincy, MA
385 posts, read 1,257,480 times
Reputation: 186
It all depends on what you consider "decent," what is a reasonable commute to you, what you like to do for fun, etc. The general rule is not to spend more than 28-30% of your gross income on housing costs, with some leeway if you don't have debt or other large monthly expenses. There are cities like Cambridge or Brookline where you'd be spending at least $1300 or $1400 for a one-bedroom apartment, and other cities like Quincy or Malden where it would be more like $1000 or even less.

The previous poster recommeded 65K as a minimum salary, but that's around the average household income for this area. Personally, I don't think a single person needs that much just to survive, but YMMV. I will say that I earn much less than that and have enough to rent a one bedroom apartment, pay my bills, maintain an emergency fund and retirement fund, and go out once or twice a month. It helps if you're willing to live in a less fashionable, but still safe, locale.
Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


 
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Massachusetts > Boston
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top