FAQ

What is a good salary for Cambridge MA?

What is a good salary for 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

Is 55k a good salary in Boston?

If it’s “first year medical resident”, $55k is okay. If it’s your first job out of college and you have a liberal arts degree, 55k is quite good.

What is the minimum wage in Cambridge Massachusetts?

What is the minimum wage in Massachusetts? The Massachusetts minimum wage is $14.25 per hour for non-tipped employees, which is much higher than the federal minimum wage of $7.25.

How expensive is Cambridge Massachusetts?

Cambridge cost of living is 181.8

COST OF LIVING Cambridge Massachusetts
Grocery 115.5 108.9
Health 83.4 83.7
Housing 349.1 176.4
Median Home Cost $937,500 $510,500
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What is a good salary Boston?

If you’re moving to Boston, you should have a household income of $120,900. Of course, this figure can scale up or down depending on the number of bedrooms you need. Once again, the $120,900 income figure is based on a 2-bedroom apartment with a monthly rent of $2,900 per month.

How much money do I need to live in Cambridge?

Summary about cost of living in Cambridge, United Kingdom: Family of four estimated monthly costs are 3,237$ (2,448£) without rent. A single person estimated monthly costs are 920$ (696£) without rent.

How much do you need to live comfortably in the Boston area?

But back to the Boston, Quincy, Cambridge metro area: The group estimates a family of two adults and two children in the Boston,Quincy,Cambridge metro area would need to earn a combined $113,558 per year — or $9,463 a month — to “attain a modest yet adequate standard of living,” the organization said.

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Where are the most expensive places to live in Massachusetts?

BOSTON, MA — It’s official. The Boston Metro area, including Cambridge and Quincy, is one of the priciest places to live in Massachusetts and, actually, was on the high end in the country, according to the Economic Policy Institute.

What is the Living Wage shown?

The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The assumption is the sole provider is working full-time (2080 hours per year). The tool provides information for individuals, and households with one or two working adults and zero to three children.