Lexington, Massachusetts’s cost of living is 76% higher than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.
Is Lexington MA rich?
Lexington is among the 10 richest communities in Massachusetts, according to a new report. The Boston Business Journal’s “Rich State, Poor State: The Most—and Least—Affluent Communities in Massachusetts” ranked Lexington the No. 3 most-affluent community.
Is Lexington MA a good place to live?
Lexington has been ranked the No. 1 place to live in all of Massachusetts. Niche.com released its 2017 list of the best places to live in the state, considering the following attributes: education rate, cost of living, quality of schools, diversity, commute, safety, nightlife and resident review.
How much does it cost to live comfortably in Massachusetts?
Summary about cost of living in Boston, MA, United States: Family of four estimated monthly costs are 4,201$ without rent. A single person estimated monthly costs are 1,162$ without rent.
Is Ma expensive to live in?
Massachusetts is the third most expensive place to live in America, according to a CNBC Study. The Boston area is the driving force behind the Bay State’s high cost of living, where the median price for a home is 70 percent higher than the national figure.
Where do millionaires live in Massachusetts?
Cities and Towns
| Rank | Municipality | Population |
|---|---|---|
| 1 | Weston | 11,261 |
| 2 | Dover | 6,279 |
| 3 | Sherborn | 4,301 |
| 4 | Brookline | 59,180 |
What is the richest part of Massachusetts?
Newton, Massachusetts is being credited as the richest town in the Bay State. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Newton as having a median household income of $151,068 (119.9% more than the U.S. median income).
What is Lexington MA known for?
Lexington is well known as the site of the first shots of the American Revolutionary War, in the Battle of Lexington on April 19, 1775, where the “Shot heard ’round the world” took place. It is home to Minute Man National Historical Park.
Where should I live near Lexington MA?
The Best Neighborhoods in Lexington
- Munroe Hill: About 1,000 people live in the neighborhood of Munroe Hill, which lies at the center of Lexington.
- Robinson Hill: 77% of Robinson Hill residents own their homes.
What happened in Lexington Massachusetts?
Contents. The Battles of Lexington and Concord, fought on April 19, 1775, kicked off the American Revolutionary War (1775-83). Tensions had been building for many years between residents of the 13 American colonies and the British authorities, particularly in Massachusetts.
What is the cheapest city to live in Massachusetts?
Monroe. The cheapest place to live in Massachusetts is Monroe, a Franklin County town of 121 people, according to the 2010 US Census.
What is considered low income in Massachusetts?
Here is a summary of the data for Massachusetts: Low income limit (1-person): $55,950. Low income limit (4-person family): $79,900.
Why is living in Massachusetts so expensive?
Blame/credit a strong local economy, immigration, and the area’s overall desirability. A corollary to this is that, because demand is so strong and prices so high, generations tend to pass down housing in the Boston area more than in some other places.
Is it cheaper to live in California or Massachusetts?
Massachusetts is 4.7% more expensive than California.
Is Massachusetts more expensive than New York?
The cost of living in New York, NY is 19.5% higher than in Boston, MA. You would have to earn a salary of $71,695 to maintain your current standard of living. Employers in New York, NY typically pay 6.8% more than employeers in Boston, MA.
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
Where do rich people hang out in MA?
bars that are cool for finding rich men in Boston, Massachusetts
- Carrie Nation Cocktail Club. 0.9 mi. 362 reviews.
- W Lounge. 0.4 mi. 111 reviews.
- Saltie Girl. 0.4 mi. 1615 reviews.
- Lookout Rooftop Bar. 1.2 mi. 288 reviews.
- Yvonne’s. 0.7 mi.
- Citizen Public House & Oyster Bar. 1.4 mi.
- 21st Amendment. 0.8 mi.
- Stanza Dei Sigari. 1.4 mi.
What is the poorest city in Massachusetts?
The 10 Poorest Places In Massachusetts
- 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.
What is upper class income in Massachusetts?
An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.
What is considered middle class in Massachusetts?
Boston’s middle class is broadly defined as households with annual incomes between $50,000 and $125,000.
What is a good salary in Massachusetts?
How much does an Average make in Massachusetts? As of Jul 31, 2022, the average annual pay for the Average jobs category in Massachusetts is $77,331 a year. Just in case you need a simple salary calculator, that works out to be approximately $37.18 an hour. This is the equivalent of $1,487/week or $6,444/month.