WhereCanIAfford › Boston, MA › On $350,000

Is Boston, MA affordable on a $350,000 salary?

YES On $350,000/yr, the typical $741,868 home in Boston, MA needs $218,720/yr ($5,103/mo). Your gap: +$131,280 — housing would be 17.5% of your gross income.

The math

741,868 price − 10% down (74,187) = 667,681 loan
30-yr fixed at 6.47% on 667,681 = 4,207/mo principal+interest
+ 896/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
5,103/mo PITI ÷ 0.28 = 18,227/mo → 218,720/yr required

against Zillow ZHVI 2026-05 and the 6.47% FRED 30-yr rate (2026-06-18).

What salary WOULD clear Boston, MA?

You need about $218,720/yr for the typical home. On $350,000 you already clear it by $131,280.

On $325,000? On $375,000? On $400,000?

See the full Boston, MA affordability breakdown → or every metro you can afford on $350,000 →