Cost of living compared
On a $60,000 salary, Boston leaves you about $68 more a month than New York after taxes, rent, commuting and everyday costs. Over 5 years that is roughly $5,430 more saved.
| Boston, MA | New York, NY | |
|---|---|---|
| Take-home pay | $3,970 | $3,795 |
| Federal income tax | $418 | $418 |
| State and local income tax | $229 | $405 |
| Rent (median) | $2,093 | $1,779 |
| Commute | $90 | $132 |
| Everyday costs | $1,755 | $1,920 |
| Left over each month | $32 | −$36 |
| Savings after 5 years | $17,118 | $11,688 |
| Boston | New York | |
|---|---|---|
| Cost of living (US average = 100, excluding rent) | 117 | 128 |
| Transit score (100 = car-free is easy) | 85 | 95 |
| Average summer high | 84°F | 89°F |
| Average winter low | 19°F | 22°F |
| Rainy days a year | 115 | 118 |
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