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This question is about Boston, MA.
What is a good salary in Boston, MA?
A good salary in Boston, MA is anything over $53,000. That's because the median income in Boston is $53,000, which means if you earn more than that you're earning more than 50% of the people living in Boston. The average salary in Boston is $63,751.
A good hourly wage in Boston is $25.48 per hour. That works out to a good weekly wage of $1,019 per week and a good monthly wage of $4,416 per month. However, using the median income is only one way to calculate a good salary in Boston.
Another way to calculate a good salary in Boston is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $532,700, a good salary in Boston would be $106,540.
Lastly, we can determine a good salary in Boston by looking at the cost of living and comparing it to the US average salary. The cost of living in Boston is 46% higher than than the national average. The national average salary is $56,310, so a good salary in Boston is anything over $82,212 by this measure.
Average Annual Salary in Boston, MA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $25,000 | $2,083 | $480 | $12.02 |
| 25th | $36,000 | $3,000 | $692 | $17.31 |
| Median | $53,000 | $4,416 | $1,019 | $25.48 |
| 75th | $79,000 | $6,583 | $1,519 | $37.98 |
| 90th | $113,000 | $9,416 | $2,173 | $54.33 |
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