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Boston vs Springfield

Boston, MA  ·  Springfield, MA

⚖️

Springfield is 40% cheaper than Boston overall.

Home Price

Boston: $680,000

Springfield: $275,000

Monthly Rent

Boston: $2,750/mo

Springfield: $1,150/mo

COL Index

Boston: 162

Springfield: 98

Median Income

Boston: $89,400

Springfield: $54,200

Side-by-Side Comparison

Metric
Boston
Springfield
Winner
🏠

Median Home Price

$680,000
$275,000
Springfield
🏢

Monthly Rent (Median)

$2,750/mo
$1,150/mo
Springfield
💰

Median Household Income

$89,400
$54,200
Boston
📋

Property Tax Rate

1.06%
1.06%
Tied
📊

Cost of Living Index

100 = national average

162
98
Springfield
🚗

Avg. Commute

32 min
24 min
Springfield
📈

Unemployment Rate

3.3%
4.8%
Boston
👥

Median Age

32.6 yrs
37.8 yrs
Springfield

What This Means For You

💵

Buying Power

A $100,000 salary in Boston has the same purchasing power as $60,494 in Springfield — based on each city's cost of living index.

🏠

Housing

Homes in Springfield cost 60% more (-$405,000 extra). Expect a larger mortgage and down payment.

🏢

Renting

Renting in Springfield saves you $1,600/month — $19,200 per year. Median rent: $2,750/mo in Boston vs $1,150/mo in Springfield.

📋

Property Taxes

On a median-priced home, Boston owners pay roughly $7,208/year in property taxes vs $2,915/year in Springfield. Rates are comparable.

💼

Local Earnings

Median household income is $89,400 in Boston and $54,200 in Springfield. Springfield residents earn 39% more — but remember to factor in cost of living.

🚗

Daily Commute

Average commute is 32 minutes in Boston vs 24 minutes in Springfield. Over a year, that's 4000 extra minutes (67 hours) of commuting in Boston.

Salary Equivalence

To maintain the same lifestyle when moving from Boston to Springfield, here's the salary you'd need:

Salary in BostonEquivalent in SpringfieldDifference
$50,000$30,247-$19,753
$75,000$45,370-$29,630
$100,000$60,494-$39,506
$150,000$90,741-$59,259
$200,000$120,988-$79,012

* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.

Run the Numbers

Related Comparisons

Boston vs Springfield: Common Questions

Is Boston or Springfield cheaper to live in?

Based on cost of living indices, Springfield is cheaper overall. Boston has a COL index of 162 while Springfield scores 98 (national average = 100).

How do home prices compare between Boston and Springfield?

The median home price in Boston is $680,000 vs $275,000 in Springfield — a difference of $405,000 (60%).

What salary do I need in Springfield to match my Boston income?

Use the salary equivalence table above. For example, a $100K salary in Boston is equivalent to $60,494 in Springfield in terms of purchasing power.

Which city has lower property taxes?

Springfield has a lower property tax rate (1.06% vs 1.06%). On a median-priced home, that means paying $2,915/year vs $7,208/year.

Cost of living data sourced from Council for Community and Economic Research (C2ER) Cost of Living Index, U.S. Census Bureau American Community Survey, and Zillow Research. Tax rates from Tax Foundation and state revenue agencies. Last updated: March 2025.