If you’re contemplating a move to Boston, you’re probably already familiar with a few of the things that make Beantown great – the Red Sox, the Freedom Trail, the North End cannoli, the Boston Tea Party, and of course, baked beans. What you may not be aware of, however, is what it costs to live here, what the weather’s really like, and the hard truth about income and taxes. Fortunately, our friends at Great Guys Moving put together an infographic to enlighten Boston newcomers on some important facts and figures. If you’re moving here, these are a few of the things you should know.
It’s Not as Big as You Might Think
While the greater metro area, which includes Cambridge, MA and Newton, NH, is home to over 4.8 million people, only 650,000 of these live within the city limits of Boston. This makes Boston proper just the 24th largest city in the country by population. At 48 square miles, it’s also not very large in terms of land area, which makes it ideal for tourists keen on seeing the sites by foot. On the other hand, Boston’s shortage of space and abundance of historical buildings makes for a competitive real estate market.
Whether You Rent or Buy, Expect to Pay More
Boston conjures up images of quaint rowhouses and historic brick buildings tucked along winding cobblestone streets. While these features are quite charming, as mentioned before, the small land area and smaller buildings means real estate is at a premium. Just how much more can you expect to pay? Renters will find that apartments here go for 161.2% more than the national average, while the average home price is 75% higher. Despite the high rental rates, 72.3% of Boston residents opt to rent over buying. Whichever route you choose to go, having an experienced Boston realtor by your side is key to getting the best deal on your new digs. (Check out recent market stats for neighborhood level details!)
The Cost of Living is a Tad Higher Too
Not only is real estate more expensive, so are most other things. From steak to bread, groceries are likely to cost a bit more than they do in other U.S. cities. You can also expect to pay more on utilities, a visit to the doctor, and a night out at the movies or bar. The silver-lining? The median household income is slightly higher too, which helps to offset the living costs.
Winters are Downright Blustery, But the Summers are Worth It
The average winter low in Boston is a bone-chilling 19.7 degrees, but the average summer high is only 82 degrees, which probably sounds like a dream if you’re relocating here from the South. And while Boston does get more precipitation than the average U.S. city, the number of snow and rain days is substantially less (79 days versus 102 nationwide). On average, Boston has about 200 sunny days a year, which makes it easy to get your fill of Vitamin D.
Boston is Very Walkable
Per data published by walkscore.com, the city of Boston is considered very walkable, though newcomers might find the disorderly web of streets rather confusing. The best neighborhoods for lacing up your sneakers and hitting the sidewalks are Chinatown/Leather District, North End, and Beacon Hill.
Formerly home to a thriving shoe industry, the aptly named Leather District is now one of the most desirable neighborhoods in Boston. Located near the financial district, this neighborhood is full of industrial buildings that have been turned into commercial and residential lofts. Close by, the North End is best known for its Italian eateries and pastry shops, which arrived long after that time Paul Revere announced the British were coming from the steeple of the Old North Church. On the North Side of Boston Common, the Beacon Hill neighborhood is filled with important people, delightful shops, and stately brownstones. For most Bostonians, owning a piece of real estate along this neighborhood’s historic cobblestone roads would be a dream.
Though it might be an expensive place to live, Boston is chock full of culture, history, and intellect. One week spent in this capital city, and you’ll see why it’s such an incredible place to call home. When you’re ready to take the plunge and move here, let the Charlesgate Realty Team help you find the perfect place to live. Whether it’s a vintage brownstone in Back Bay or an apartment in Midtown, there’s sure to be the perfect home waiting for you.
Great Guys Moving is committed to making the moving process easier for the millions of Americans that relocate every year. Whether you’re moving down the street or across the country, Great Guys Moving is ready to help you find the trusted & reliable movers you deserve for your next move.