FAQs
Where is the cheapest place to live in Massachusetts? ›
Where is the most affordable place to live in Massachusetts? Some of the most affordable cities in Massachusetts include Leominster, Easthampton, Fitchburg, Gardner, and New Bedford.
How to find affordable housing near Boston? ›Metrolist: is Boston's primary resource to find income-restricted homes, and includes both rentals and sales opportunities. The listings on Metrolist are searchable, and include all available housing lotteries for the Greater Boston area.
What town in Massachusetts has the lowest income? ›- Wareham Center $40,217.
- Lenox $40,294.
- Springfield $41,571.
- Holyoke $42,537.
- Ware $42,905.
- Great Barrington $43,870.
- Adams $43,932.
- Lawrence $450,045.
In Massachusetts, Northborough, Wayland and Clinton ranked as the top three safest cities or towns in the state.
What is the income limit for affordable housing in Massachusetts? ›| 1 Bedroom | 4 Bedroom | |
|---|---|---|
| LIP/EOHLC 80% Rents | $2,605 | $3,517 |
| Masshousing 40B | $2,442 | $3,777 |
| FMR FY 2024 | $2,377 | $3,765 |
| TBRA Payment Standard | $2,377 | $3,765 |
- Hyde Park – Cheapest Place to Live in Boston Is a “Small Town in a Big City”
- West End – One of the Cheapest Places to Live in Boston Near Downtown.
- Dorchester – Diverse, Accessible, and One of the Most Affordable Boston Neighborhoods.
- Brighton – Cheapest Place to Live in Boston for Students, Millennials & Young Families.
Multiple sources estimate the state needs an additional 200,000 housing units by 2030 to meet affordability and competitive market demands. This is a staggering number. For perspective, consider that Boston currently has a total of 296,035 housing units (including apartments, condos, single family homes, etc.).
How much do you need to make in Massachusetts to live comfortably? ›To live comfortably in Massachusetts, a family of two working adults and two kids would need to earn $301,184 annually. “Comfortable” is defined as the income needed to cover a 50/30/20 budget for a family of four.
What part of Massachusetts is best to live in? ›| # | City | Unemployment Rate |
|---|---|---|
| 1. | Cambridge | 3.1% |
| 2. | Worcester | 3.6% |
| 3. | Quincy | 3.3% |
| 4. | Springfield | 3.9% |
Massachusetts has a strong economy with many opportunities for high-skilled, high-paying jobs, especially in sectors like technology, healthcare, finance, and education. The cost of living is high, though, especially when it comes to housing. Entrepreneurship is also common, with resources to support startups.
Where in New England is the cheapest to live? ›
Maine emerges as the state with the most affordable homes, yet other states also offer budget-friendly options. For those looking to explore these opportunities, consider towns like Berlin, New Hampshire; Willimantic, Connecticut; North Adams, Massachusetts; and Waterbury, Connecticut.