Is it your dream to live in a city rather than a suburban area? Since there are two major cities in our area, Providence and Boston. let’s take a look at which city is the best fit for your income and lifestyle.
Do you like to cook and eat at home? Groceries in Providence will be only 5% lower than the same groceries in Boston.
Transportation, which includes transit fares, gas, auto insurance, and car repairs is 21% higher in Boston than in Providence.
The difference in the cost of utilities, mainly electricity, natural gas, and fuel oil, between the 2 cities is only 1% higher in Boston
Health care premiums and hospital expenses for major surgeries will cost you 1% less in Boston than Providence.
Miscellaneous expenses such as home repairs, clothing, restaurants and entertainment is only 2.7% more in Boston.
However, the biggest expense is the cost of housing. The median home price in Providence is in the low $200 thousands while the median price in Boston is slightly above $600,000. That’s a 287% difference!
Overall, living and working in Boston is 54.5% more expensive than in Providence.