Cost of living and prices in Cambridge, prices of food, rent, shopping, etc. 🇺🇸
Updated Jul 2023

Explore the cost of living in Cambridge, a vibrant city in the United States located in Northern America. With coordinates 42.37362 latitude and -71.10973 longitude, Cambridge is situated at an elevation of 13 meters above sea level. This city has a population of 107289 people, and it operates on the America/New_York time zone, GMT: -5.0.

Cambridge is a renowned research and educational hub, with world-class educational institutions such as Harvard University and the Massachusetts Institute of Technology (MIT). Along with its academic culture, the city offers an array of cultural and historic attractions, including the Harvard Art Museums and the Harvard Museum of Natural History. Despite being a relatively expensive city, Cambridge offers a high quality of life to its residents, with excellent healthcare facilities, public transit, and plenty of green spaces such as the Cambridge Common and the Charles River Esplanade.

Living in Cambridge provides access to a variety of amenities and services, from upscale restaurants and boutique shops to affordable supermarkets and public libraries. Additionally, the city has a strong sense of community, with numerous events and festivals that bring residents together throughout the year. Whether you are a student, a young professional, or a family, Cambridge has something to offer to everyone and is definitely worth considering for your next home.

Cost of Living Estimate in Cambridge

Total cost of living in Cambridge for two person with average consumption for one month will be 1543.7 USD, no rent price included. Click here to calculate cost-of-living estimate in Cambridge

You can calculate cost of living in Cambridge by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Cambridge, Massachusetts offers a wide variety of impressive restaurants and options for foodies looking to indulge in diverse culinary experiences. The city is home to a plethora of eateries ranging from upscale fine dining establishments to casual diners and food trucks. Cambridge is especially popular among food enthusiasts for its farm-to-table restaurants that serve locally sourced and fresh ingredients. Additionally, there are a variety of international cuisines available including Japanese, Chinese, Vietnamese, Italian, and more. Whether you are looking for an intimate dinner with your partner or a group of friends or a quick lunch bite, there is something for every appetite in Cambridge.

If food trucks are your thing, then Cambridge will definitely satisfy your cravings. There are tons of food trucks scattered around the town that serve some of the most delicious street food in town. These vendors offer everything from simple grilled cheese to authentic ethnic dishes from around the world. The food trucks offer convenience for those traveling in the city and provide unique and delicious meals for those on the go. Whether you are thirsty for a cold beer or craving a quick bite, make sure to check out one of the many food trucks in Cambridge.

Meal in Inexpensive Restaurant
15.00 $
Meal for 2 People, Mid-range Restaurant, Three-course
65.00 $
McMeal at McDonalds or Alternative Combo Meal
8.50 $
Domestic Beer, 0.5 liter Draught
7.00 $
Imported Beer, 0.33 liter Bottle
7.00 $
Cappuccino
4.50 $
Coca-Cola, 0.33 liter Bottle
2.11 $

Markets prices

Market prices in Cambridge, United States are reflective of the city's affluent residents and booming tech industry. The demand for housing and commercial space in the area has driven up prices for both, making it one of the most expensive cities in the United States to live and operate a business in. Its close proximity to Boston and numerous prestigious universities also contribute to its high cost of living.

Despite the high prices, Cambridge remains a desirable location for many due to its high quality of life, cultural attractions, and thriving economy. The city's real estate market has seen steady growth over the past decade, with limited inventory and high demand leading to multiple offers and bidding wars for properties. While this can be challenging for some, it also presents opportunities for investors and sellers in the market. Overall, the market prices in Cambridge reflect the city's vibrant and dynamic economy, making it an exciting place to be for those who can afford it.

Water, 0.33 liter Bottle
2.00 $
Milk, Regular,1 liter
0.94 $
Loaf of Fresh White Bread, 0.5 kg
3.74 $
White Rice, 1 kg
10.20 $
Eggs, 12 pack
3.11 $
Local Cheese, 1 kg
12.13 $
Chicken Breasts, Boneless and Skinless, 1 kg
9.03 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
15.98 $
Apples, 1 kg
5.87 $
Banana, 1 kg
1.60 $
Oranges, 1 kg
4.39 $
Tomato, 1 kg
4.84 $
Potato, 1 kg
2.41 $
Onion, 1 kg
3.30 $
Lettuce, 1 head
1.75 $
Water, 1.5 liter Bottle
3.00 $
Bottle of Wine, Mid-Range Price
16.00 $
Domestic Beer, 0.5 liter Bottle
3.39 $
Imported Beer, 0.33 liter Bottle
4.00 $
Pack of Cigarettes
11.00 $

Transportation prices

If you're looking for a convenient way to get around Cambridge, the Massachusetts Bay Transportation Authority (MBTA), also known as the "T," is a great option. The T operates various modes of transportation, including buses, subways, and commuter railways, making it easy to access all points in the city. Additionally, the T has recently introduced new technology to provide real-time updates on train and bus schedules, making it even more convenient for travelers.

Biking is another popular transportation option in Cambridge. The city is known for its bike-friendly culture and has numerous bike-share programs available to visitors. Additionally, there are many bike rental options throughout the city, making it easy to explore the area on two wheels. With plenty of bike lanes and scenic routes throughout Cambridge, biking is a great way to explore the city's sights and sounds at your own pace.

One-way Ticket, Local Transport
2.50 $
Monthly Pass, Regular Price
90.00 $
Taxi Start, Normal Tariff
2.48 $
Taxi, price for 1 km, Normal Tariff
2.24 $
Taxi, price for 1 hour Waiting, Normal Tariff
30.00 $
Gasoline, 1 liter
0.66 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
24,500.00 $

Utilities Per Month prices

Traveling to Cambridge, United States and wondering about utilities cost? Well, the cost of living in Cambridge may be higher than other cities in the United States, but when it comes to utilities, the cost is relatively lower compared to other major cities in the country. People living in Cambridge pay less for their electricity, natural gas, and water bills compared to residents in other parts of the United States. However, cost may vary based on usage, size of the living space, and individual providers.

One of the reasons why utilities cost is relatively lower in Cambridge is because of the city's focus on sustainable energy sources. The city has programs in place to promote renewable energy and reduce carbon footprint. People living in apartments or houses in Cambridge can benefit from these environmentally friendly initiatives while paying lower utilities bills. Additionally, the city has a public transportation system that is efficient and affordable, allowing residents to save money on gas and reduce their carbon footprint.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
160.82 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.10 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
68.12 $

Sports And Leisure prices

Cambridge, United States offers a wide variety of sports and leisure activities for travelers. With numerous parks and recreational facilities, you can enjoy activities such as hiking, biking, kayaking, and more. Popular destinations include the Charles River, Fresh Pond Reservation, and Magazine Beach Park, all of which provide beautiful scenery and a chance to enjoy the outdoors. For those who prefer indoor activities, Cambridge also has many fitness centers and yoga studios to choose from.

If you're a sports fan, Cambridge is home to several world-renowned universities, including Harvard and MIT, which offer a chance to attend exciting college sports games. Additionally, you can visit the newly opened Boston Sports Institute, which includes two NHL-sized ice rinks and a multi-sport turf field, perfect for watching or participating in athletic events. Whether you're an active traveler or a spectator, there is something for everyone in Cambridge.

Fitness Club, Monthly Fee for 1 Adult
50.56 $
Tennis Court Rent, 1 Hour on Weekend
20.00 $

Salaries And Financing prices

If you're thinking of relocating to Cambridge, it's important to consider the local salaries and financing options available to support your lifestyle. In general, salaries in Cambridge tend to be higher than the national average, particularly in industries like technology and healthcare. However, the cost of living in Cambridge is also higher than many other cities, so it's important to budget accordingly. Fortunately, there are plenty of financing options available to help you achieve your goals, whether you're looking to rent a home or start your own business.

One of the most important financing options to consider in Cambridge is student loans. With so many prestigious universities in the area, it's not unusual for young professionals to be grappling with significant student debt. Fortunately, there are many resources available to help students refinance or consolidate their loans, as well as scholarship and grant opportunities to help offset the cost of education. Additionally, there are plenty of resources available for entrepreneurs looking to start their own businesses, from venture capital firms to small business loans. No matter what your financial situation may be, Cambridge offers a wealth of opportunities to help you achieve your goals.

Cinema ticket, 1 Seat
15.00 $
Average Monthly Net Salary, After Tax
6,227.00 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
4.28 %

Childcare prices

Childcare prices in Cambridge, United States can vary greatly depending on the type of care being provided. For families seeking full-time care for their young children, daycare centers and preschools might be the most common options. These types of programs typically provide supervised learning and play activities for kids while parents are at work or otherwise occupied. Daycare centers may offer different types of programs, such as infant care or after-school care, while preschools may focus on preparing children for kindergarten through structured learning activities. In general, urban areas like Cambridge tend to have higher childcare costs due to factors such as higher rent and labor costs, so families should expect to pay a premium for quality care services.

For families seeking kindergarten-aged care options, public schools may be a cost-effective choice. Public kindergarten programs are typically free or have nominal fees and offer a structured learning environment for children. Private kindergarten programs may offer more specialized curricula or smaller class sizes, but can come at a higher cost than public programs. In addition to tuition or fees, families may also need to factor in costs such as transportation or after-school care when selecting a kindergarten program. When choosing childcare options in Cambridge, families should consider factors such as cost, location, and quality of care to ensure the best experience for their children.

Private Preschool or Kindergarten, Monthly for 1 Child
2,240.00 $
International Primary School, Yearly for 1 Child
22,000.00 $

Clothing And Shoes prices

Cambridge is a hub for trendy and upscale shopping. Home to various high-end boutiques and brand name stores, it's no surprise that the city offers a diverse range of clothing and shoe options. From streetwear to luxury fashion, Cambridge has something for everyone. The prices for clothing and shoes range from budget-friendly to opulent, depending on the shopper's preference and taste. Many of these stores offer seasonal sales, which allow shoppers to snag great deals on their favorite pieces. Regardless of the budget, Cambridge's unique style and variety make it a perfect place for fashion enthusiasts to shop.

Several shopping centers in Cambridge offer a wide range of clothing and shoe options. The CambridgeSide Mall boasts an extensive selection of brand name stores such as H&M, Zara, and Forever 21, making it a favorite among university students. Harvard Square, on the other hand, is a hotspot for high-end shopping, featuring stores like Urban Outfitters, Anthropologie, and Burberry. For those seeking a more boutique shopping experience, the neighborhood of Inman Square offers several vintage stores such as Oona's and The Garment District. With its diverse shopping options, Cambridge is a mecca for fashion lovers, providing everything from trendy streetwear to designer fashion in one convenient place.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
49.62 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
31.14 $
Pair of Running Shoes, Mid-Range Price
71.88 $
Pair of Leather Business Shoes
105.00 $

Rent Per Month prices

Cambridge, Massachusetts is a city known for its prestigious universities and lively culture. If you're planning to visit Cambridge for a short period of time, you'll find that there are plenty of short-term rental options available. From modern apartments to charming historic homes, there are accommodations to suit all preferences.

Short-term stay options in Cambridge include everything from Airbnb bookings to extended-stay hotels. The city is home to numerous hotels and inns that offer stays of just a few nights to a few weeks. In addition, there are many private homes and apartments available for rent, giving visitors the chance to live like locals during their stay. Short-term rentals can be a great way to save money on accommodations and experience the city like a true Cambridge resident.

One bedroom apartment in city centre
2,578.04 $
One bedroom apartment outside of city centre
2,120.80 $
Three bedroom apartment in city centre
4,126.92 $
Three bedroom apartment outside of city centre
3,259.09 $

Buy Apartment prices

Cambridge, United States, is a vibrant city with plenty of real estate buying options for investors and residential buyers. One of the most popular choices for those who want to invest in this city is condominiums. Condos provide an affordable and low maintenance option for those who want to live in the heart of the city. Furthermore, Cambridge boasts an array of single-family homes, which range in price and square footage. Homebuyers can expect to pay more for brand new and fully renovated properties. For those who prefer an older property that has a bit more charm and character, there are plenty of options available as well. Regardless of your preference, Cambridge offers a range of real estate options that will suit a variety of budgets and lifestyles.

If you're looking for luxury and exclusivity, you have come to the right place. Cambridge, MA has plenty of upscale properties with stunning designs and finishes. Some of these properties offer top-class amenities, such as spas, swimming pools, some sort of view, and concierge services. The city also has a thriving rental market with loads of properties to cater to different budgets. Besides, Cambridge offers tons of commercial real estate spaces available for lease or rent, which is ideal for small or large businesses. Whatever your real estate needs, Cambridge has options that will make you happy and comfortable.

Price per m2 to Buy Apartment in City Center
11,030.64 $
Price per m2 to Buy Apartment Outside of City Center
7,790.04 $