How much do you need to earn to live in Cambridge?
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How much do you need to earn to live in Cambridge?
Generally, one needs to earn at least three times the cost of rent before taxes to live comfortably. As the average cost of a one-bedroom apartment in Cambridge is $2,855, your monthly pretax income should meet or exceed $8,565 or $102,780 annually based on the 30\% rule.
Is living in Cambridge MA expensive?
Overall, Cambridge is 50\% more expensive than the average town. However, most of this is due to housing. Housing is 126\% more expensive than the rest of the United States. When it comes to groceries, you can expect to pay about 9\% more than average.
How much do utilities cost in Cambridge?
Cambridge cost of living is 181.8
COST OF LIVING | Cambridge | Massachusetts |
---|---|---|
Housing | 349.1 | 176.4 |
Median Home Cost | $937,500 | $510,500 |
Utilities | 117.8 | 112.9 |
Transportation | 95.7 | 107.9 |
What is a good salary in Cambridge MA?
Authentic Salary in Cambridge, MA
Annual Salary | Hourly Wage | |
---|---|---|
Top Earners | $92,593 | $45 |
75th Percentile | $69,309 | $33 |
Average | $67,039 | $32 |
25th Percentile | $51,982 | $25 |
What is a good salary in Cambridge Massachusetts?
Cambridge, Massachusetts Jobs by Salary
Job Title | Range | Average |
---|---|---|
Research Scientist | Range:$78k – $122k | Average:$100,726 |
Senior Research Associate | Range:$63k – $93k | Average:$78,453 |
Research Scientist, Biotechnology | Range:$84k – $120k | Average:$101,890 |
Senior Research Scientist, Biotechnology | Range:$96k – $143k | Average:$117,051 |
Is Cambridge an expensive area?
Cambridge has a reputation for being an expensive city and property prices are a central part of that. In anyone’s book, an average property price that is pushing half a million pounds classes as very expensive.
What are the basic costs for expats in the UK?
It compares some of the basic costs (in GBP) all across the UK as well as three major countries. This should give you an idea of general pricing for day to day expenses. One major factor that adds expense for expats in the UK, is the cost of converting cash to sterling from your home currency.
What are the general living expenses for the UK?
What are the general living expenses for the UK? Living expenses in London (excluding ren Average cost Single person, per month £859 Single person, per year £10,308 4 person family, per month £3,041 4 person family, per year £36,492
How much does it cost to live in Singapore per month?
Cost of Living in Singapore. Summary about cost of living in Singapore: Four-person family monthly costs: 3,074.07$ (4,195.67S$) without rent (using our estimator).
Is the cost of living in the UK worth it?
The cost of living in the UK, especially in London, is fairly high. However, the range of experiences on offer means that it’s still a hugely popular destination, for a permanent move, or just to spend a year or two exploring somewhere new.