Average Salaries in Boston, MA
Explore salary data for all occupations in the Boston-Cambridge-Newton metropolitan area.
Average Salary
$97,986
across all occupations
Highest Paying Job
$283,625
Physician
Occupations Covered
80
jobs with salary data
Cost of Living: Boston, MA has a cost of living that is 48.4% above the national average. Consider this when comparing salaries.
Salaries in Boston, MA by Occupation
About Working in Boston, MA
The Boston-Cambridge-Newton metropolitan area is a global center for higher education, healthcare, biotechnology, and technology. Home to Harvard, MIT, and numerous other prestigious institutions, Boston combines historical charm with cutting-edge innovation and offers excellent career opportunities across knowledge-intensive industries.
Based on Bureau of Labor Statistics data, the average salary across all occupations in Boston, MA is $97,986 per year. Salaries range from $40,092 for Childcare Workers to $283,625 for Physicians. The metropolitan area employs approximately 59,933 workers across the 80 occupations we track.
Boston, MA Economy Overview
Boston's economy is driven by education, healthcare, biotechnology, financial services, and technology. The concentration of world-class universities creates a highly educated workforce and supports a robust startup ecosystem. Major hospitals and research institutions make it a leader in healthcare and life sciences.
Major Industries in Boston, MA
The Boston, MA job market is driven by these key industries:
Cost of Living Considerations
Boston has a high cost of living, particularly for housing. The limited housing supply and high demand from students and professionals drive prices up. However, the concentration of high-paying jobs in healthcare, biotech, and tech means many professionals can afford the higher costs.
Cost of Living Index: 148.4(48.4% above national average)
Job Market Insights
Boston's job market is strong for highly educated professionals. The biotech and healthcare sectors offer abundant opportunities for scientists and researchers. The tech sector continues to grow, and financial services remain significant. Competition can be intense, and advanced degrees are valued across many fields.
Quality of Life in Boston, MA
Boston offers rich history, world-class cultural institutions, excellent dining, and strong sports culture. The city is walkable and has good public transportation. Harsh winters are a consideration, but the academic environment, healthcare access, and intellectual community attract many professionals and families.
Frequently Asked Questions About Salaries in Boston, MA
What is the average salary in Boston, MA?
The average salary across all occupations in Boston, MA is approximately $97,986 per year. However, salaries vary significantly by occupation, experience level, and industry.
What are the highest paying jobs in Boston, MA?
The highest paying occupation in Boston, MA based on our data is Physician with an average salary of $283,625 per year. Other high-paying occupations can be found in the salary table above.
How does the cost of living affect salaries in Boston, MA?
With a cost of living 48.4% above the national average, salaries in Boston, MA tend to be higher to compensate. However, it's important to consider your overall financial picture, including housing, transportation, and other expenses.
Is Boston, MA a good place to find a job?
Boston, MA offers diverse employment opportunities across multiple industries. With 59,933 workers employed across the occupations we track, the metropolitan area has a substantial job market. Your prospects will depend on your industry, skills, and experience level.