Did not expect I'd live to see the day that Seattle was used as an example of reasonable cost of living city to compare to
Boston, MA
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I'm at about 40% income to rent, and that's with my living with two other adults. Landlord has consistently pumped rent by 20% every year, all while removing features (per-unit planter boxes demolished, fancy dishwasher & washer/dryer replaced with generic shit boxes, etc.).
I wish I'd never moved here
it's cheaper than boston by a decent amount, and it's equal in size more or less.
I was born in 86'.
So anyway....in 84' Massachusetts abolished rent control and affordable housing essentially. Saved you a read. Our zoning laws are stupid and Zillow owns everything.
It's okay tho, we're not supposed to retire till 67.
You were born in eighty-six feet?
There's actually a decent sized income gap between the two cities, which no doubt contributes. Rents looks very comparable.
Median income for the city of Boston: $89,212 (source)
Median income for the city of Seattle: $116,068 (source)
Per the same source,
- median gross rent is very comparable between the two cities ($1,945 vs. $1,981 in Seattle vs Boston, respectively)
- Seattle has a higher percentage of its population with college degrees, which likely explains some of the higher income
- Seattle also has a higher percentage of owner-occupied homes, which probably influences this, though I'm not exactly sure how.
Seattle, the actual city proper, only has a population of around 800k. But during work hours, it has a population of around 2.5 million.
Basically a huge amount of people live outside the city limits, all the lower wage workers.
Boston probably has a larger proportion of more poor people actually within its city limits.
I’m in California. Anecdotally, mine is almost exactly 50%. And I don’t even own.