Brookline MA Cost of Living: A Comprehensive Breakdown
Go Back To Previous PageBrookline, Massachusetts, is a desirable town just outside of Boston known for its historic charm, excellent schools, and walkable neighborhoods. However, prospective residents and
families should be aware that the cost of living in Brookline is significantly higher than the national average. This guide provides a detailed look at the cost of living in Brookline, MA, covering everything from rent and housing to utilities, transportation, and food.
Overall Cost of Living Snapshot
Brookline’s overall cost of living index ranges from about 143 to over 220, depending on the source. This means it is anywhere from 43% to 120% more expensive than the U.S. average. According to LivingCost, the average monthly cost of living for one person in Brookline, including rent, is approximately $3,134. For a family of four, the estimated cost rises to about $7,072.
Housing Market Overview
The most significant contributor to Brookline’s high cost of living is housing.
- BestPlaces reports an average home price of around $1,026,200.
- HomeSnacks places the median closer to $1.08 million.
- PayScale provides an even higher estimate, with a median home price of $1.74 million.
Overall, housing in Brookline ranges from 236% to 354% higher than the U.S. average, depending on the index and data source. Renters face similarly high prices.
- BestPlaces lists the average rent for a two-bedroom apartment at around $3,810 per month.
- PayScale estimates average rent at $5,237 per month.
- LivingCost places the combined rent and utilities for a single person at roughly $2,181 per month.
Monthly Living Expenses Breakdown
A closer look at day-to-day living costs shows the following:
- Food:
LivingCost estimates grocery expenses for one person at around $686 per month. Salary.com provides a lower estimate of approximately $422, but both figures indicate above-average grocery costs. - Utilities:
Salary.com reports average energy costs at $204 per month, about 16.6% above the national average. PayScale reports that utilities in Brookline cost about 52% more than average. - Transportation:
Brookline has convenient public transit access. LivingCost estimates transportation costs for one person at around $63.30 per month. - Healthcare:
Salary.com lists average healthcare expenses for a single person at roughly $401 per month, about 30% above national norms. - Goods & Services:
AreaVibes reports that Brookline’s cost index for goods and services is about 22% above the U.S. average.
Income and Affordability
According to LocalObserverDaily, the median household income in Brookline is approximately $113,642. However, with many homes priced above $1 million and typical rents surpassing $3,800 per month, questions naturally arise about the town’s overall affordability. AreaVibes reports that housing costs in Brookline are roughly 454% of the national average, highlighting the significant gap between income levels and housing costs.
Should You Move to Brookline?
While Brookline is undeniably expensive, it offers an exceptional quality of life, outstanding public transportation, and convenient access to Boston’s thriving job market. Anyone considering a move should carefully balance potential income with the town’s higher living expenses. If you decide to relocate, working with professional Brookline movers can help make the transition smoother and more efficient.
Conclusion
Living in Brookline is undeniably expensive, particularly for housing and healthcare. Yet for many residents, the benefits, such as strong community life, high-quality amenities, and easy access to Boston, make the cost worthwhile. Understanding the cost of living in Brookline, MA, in detail is essential for making an informed decision about whether this sought-after community is the right fit for you.
Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.
