CostIndexUSA

Boston, MA vs Roanoke, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MA
Boston
108.3
overall index
$3,050/mo rent
More AffordableVA
Roanoke
93.6
overall index
$1,350/mo rent

Roanoke is moderately cheaper than Boston — 13.6% lower overall cost of living.

To match an $80,000 salary in Boston, you would need $69,100 in Roanoke. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing47.1%
Boston
148.4
Roanoke
78.5
🛒 Groceries2.9%
Boston
99.7
Roanoke
96.8
🚗 Transportation4.9%
Boston
108.8
Roanoke
103.5
🏥 Healthcare4.8%
Boston
98.4
Roanoke
93.7
Utilities40.3%
Boston
148.8
Roanoke
88.9

Salary Equivalency Calculator

Enter your current salary in Boston to see what you'd need to earn in Roanoke to maintain the same purchasing power.

$
Equivalent salary in Roanoke, VA
$69,100
$10,900 less needed in Roanoke

Formula: salary × (93.6 ÷ 108.3) = salary × 0.8643. Based on BEA Regional Price Parities.

Housing Market

Boston, MA

Median Home Price
$709,000
Median Monthly Rent
$3,050
Housing Index
148.4
Price-to-Rent Ratio
19.4×

Roanoke, VA

Median Home Price
$287,000
Median Monthly Rent
$1,350
Housing Index
78.5
Price-to-Rent Ratio
17.7×

Boston has 47.1% lower housing costs compared to Roanoke.

Income & Job Market

Boston, MA

Median Household Income
$110,700
Per Capita Income
$63,100
Unemployment Rate
3.8%
Population
692,600
Top Industries
HealthcareEducationFinanceTechnologyBiotechnology

Roanoke, VA

Median Household Income
$65,500
Per Capita Income
$37,300
Unemployment Rate
3.2%
Population
99,394
Top Industries
HealthcareManufacturingRetailFinanceGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Boston, MA
3.0×income-to-rent ratio

67% of income left after rent (median)

Roanoke, VA
4.0×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.