Boston is one of the oldest cities in America but continues to grow in popularity year after year. With a 12.6 percent growth rate since 2010, people and businesses are continuing to relocate to the historic yet booming city. Making the move to a new city such as Boston can be nerve wracking and contain many moving parts. Providence and Boston are similar in the fact that they are Both some of the largest cities on the East coast. If you are making the move to Boston from Providence this post is designed to give you a better understanding of what to expect.
Cost of Living
As you may have expected, Boston is a more expensive place to live. When compared with Providence, Boston is 54.4% more expensive. Do not let this discourage you, as the job growth in Boson has grown 11.4% in the past 10 years. The average salary in Boston is $80,000 a year while the average salary in Providence is only $68,000. Undoubtedly, a person is likely to earn more when working in Boston.
In Boston the average rent for a non luxury 2 bedroom is roughly $2,500 a month. Over the last 6 months, the average single family home sold for $677,000 according to MLS data. Looking for properties in different neighborhoods? Check out our Boston Rentals by neighborhood page! There are many different areas to consider when making the move to Boston. Some areas will be more expensive than others and will offer unique pros and cons. Finding the right home can be difficult which is why your advisors at Boston Lofts are here to help and make your property search as stress and hassle free as possible. Contact us today… we would love to hear from you!
Traffic and Public Transportation
As you may already know Boston has its fair share of traffic. The traffic index in Boston is 212 while Providence’s is 143. It may be difficult to find parking sometimes which is why taking public transportation can be an excellent alternative and a way to bypass traffic. Boston's MBTA was ranked number two in the U.S for public transportation systems.
Boston is a place where there is always something to do. Whether you are a sports fan, concert goer, or foodie, there are countless events and things to do. There is Fenway park, TD Garden, Newbury Street, Seaport District, North End, and many more exciting areas to explore and hang out. If you are a nature person, the Boston Park system is number three in the U.S!
Additional Things to Consider
Boston is considered a much safer city than Providence, having only 6% more crime than the national average compared to Providences 41%. Boston is only about 51 miles away from Providence and about a 1 hour drive. Both cities have a similar climate and typically experience the same summer highs and winter lows. However, Boston receives about 48.1 inches of snow per year while providence gets 36.2.
Relocation to a new city can be challenging. If you would like an advisor to help you with the housing aspect, do not hesitate to reach out!