Boston vs Los Angeles comparison: Cost of Living & Salary (2024)

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Boston vs Los Angeles comparison: Cost of Living & Salary? ›

You would need around 8,229.9$ in Boston, MA to maintain the same standard of life that you can have with 7,800.0$ in Los Angeles, CA (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare the cost of living and assume net earnings (after income tax).

Cost of Living Comparison Between Boston, MA and San Francisco, CA. You would need around 9,362.0$ in San Francisco, CA to maintain the same standard of life that you can have with 8,200.0$ in Boston, MA (assuming you rent in both cities).

The cost to live in Massachusetts is only surpassed by California and the most expensive place to live in the U.S. - Hawaii. New York is fourth on the list.

With skyrocketing housing prices, Boston's position as one of the most expensive cities in the United States is no surprise. But a new study says single Bostonians have to make upwards of $100,000 a year to live comfortably in the city.

It is generally more expensive to live in London than in Los Angeles. According to a recent cost of living comparison by Numbeo, London's cost of living index is 31.76% higher than that of Los Angeles. Housing, transportation, and food are all significantly more expensive in London compared to Los Angeles.

$64,600 is the 25th percentile. Salaries below this are outliers. $93,400 is the 75th percentile.

After crunching the data, SmartAsset ranked Boston fifth among the top 10 cities in America with the highest salaries needed to live comfortably: Hourly wage needed for a single adult: $60.08. Annual salary needed for a single adult to live comfortably: $124,966.

If you make $130,000 a year living in the region of Massachusetts, USA, you will be taxed $38,720. That means that your net pay will be $91,280 per year, or $7,607 per month.

Cost of Living Comparison Between Los Angeles, CA and Boston, MA. You would need around 8,223.4$ in Boston, MA to maintain the same standard of life that you can have with 7,800.0$ in Los Angeles, CA (assuming you rent in both cities).

Because here's the thing: Boston isn't going to get more affordable any time soon. Daryl Fairweather, the chief economist for Redfin, says the main issue here in Boston, as with nearly all American cities, is that “the supply of housing is restricted.” Supply can't meet demand, in other words.

What is a livable salary in Boston? ›

In Boston, a single adult needs to make $60.08 an hour, or $124,966 a year to "live in sustainable comfort." For two working adults with two children, the total required salary is $319,738. Boston is one of only six cities where families need to make over $300,000 to comfortably raise kids.

When comparing costs and prices in LA and NYC, we can start with the fact that NYC is listed as the #1 most expensive city in the US and LA is listed as #9 out of 10. Housing – Apartments in LA are larger and cost less than those in Manhattan.

California has one of the highest state tax rates in the country, and this is reflected in the prices of goods and services in Los Angeles. Additionally, the cost of living for employees in Los Angeles is higher than in many other cities due to the high cost of housing and transportation.

According to BestPlaces, Los Angeles has a cost of living index of 161.7, which is more than 60 percent higher than the national average. The factors considered in this cost of living index include things like housing, transportation, and taxes.

When you look at it from a full state versus state, according to mylifeelsewhere.com, Massachusetts is 7.4% more expensive than California. Meanwhile, according to nextburb.com, the median household income for Massachusetts is $89,645 compared to California's $84,097.

Boston: Definitely one of best cities of USA. Expensive to live, warm and friendly people (at-least most of them you will find). Good infrastructure. World renowned public schools and university.

By Marc Fortier • Published October 26, 2022 • Updated on October 26, 2022 at 12:10 pm. A new report shows that Boston is now the second most expensive city in the U.S. for renters. Zumper's report, released this week, has Boston's 1-bedroom median rent price at $3,060, behind only New York at $3,860.