Cost of Living in Cambridge, MA
Population: 117,794 • 2026 Data
$126,469
Median Household Income
+63% vs national
$2,742
Median Monthly Rent
+103% vs national
$1,040,500
Median Home Value
+207% vs national
3.4%
Unemployment Rate
Housing in Cambridge
The median home value in Cambridge, MA is $1,040,500. Monthly rent for a typical unit averages $2,742, while total monthly housing costs (including utilities and insurance) average $2,634.
Rent-to-income ratio: 26.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Cambridge, MA is $126,469. The unemployment rate stands at 3.4%, with a labor force of 73,004 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.