Salary Needed to Live in Boston as a Single

A single adult living independently needs approximately $30,000/year to live comfortably in Boston, MA — including 10% savings.

Comfortable Salary
$30,000
with 10% savings
Bare Minimum
$25,833
no savings buffer
Monthly Expenses
$1,550
41% above national avg

Detailed Monthly Budget for a Single in Boston

ExpenseBostonNat'l AvgDiff
🏠 Studio/1BR Rent$213$113+88%
🛒 Groceries$26$17+53%
⚡ Utilities$15$14+7%
🚗 Transportation$37$26+42%
🛡️ Car Insurance$217$229-5%
🏥 Health Insurance$62$58+7%
Internet$99$65+52%
Phone$129$85+52%
Dining & Social$456$300+52%
Entertainment$182$120+52%
Personal Care$114$75+52%
Total Monthly$1,550$1,102+41%

How We Calculated the Salary

Monthly expenses:$1,550
Target savings (10%):$200/mo
Monthly after-tax needed:$1,750
Effective tax rate:28%

Gross annual salary needed:$30,000

Other Household Types in Boston

Couple (No Kids)
$42,300/yr
$2,115/mo expenses
Family with Kids
$92,084/yr
$4,374/mo expenses
Retiree
$31,200/yr
$1,742/mo expenses

Related Pages

Living Alone in BostonCity OverviewAfford on $75K?Afford on $100K?Cheaper AlternativesCost of Living

FAQ

What salary does a single person need in Boston?
A single person needs approximately $30,000/year ($2,500/month gross) to live comfortably in Boston with a 10% savings rate.
How much is rent for a single person in Boston?
A studio/1br in Boston costs approximately $213/month, which is the largest single expense at 14% of the total budget.
Is Boston affordable for a single person?
Boston is above the national average for single person living costs, requiring 41% more salary than the US median.
← Back to Boston