salaryRent here is among the highest 10% in the country. A typical house costs about 6.6 years of household income, so buying is hard for most locals. Commutes are long, about 35 minutes each way. Most households rent (63%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $113,560 a year. That is $55 an hour at a full-time job.
Is rent cheaper than other Massachusetts cities?
No. Rent here is more expensive than in most of Massachusetts. It is number 97 of 123 cities from cheapest to most expensive.
How much do households earn in Everett?
Share of households by yearly income. 32.2% of households earn $100,000 or more.
Rent by apartment size in Everett
| Size | Everett | U.S. average |
|---|---|---|
| Studio | $1,900 | $1,338 |
| 1 bedroom | $1,813 | $1,324 |
| 2 bedrooms | $2,404 | $1,509 |
| 3 bedrooms | $2,500 | $1,698 |
| 4 bedrooms | $2,516 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Everett overall?
Everyday prices in Massachusetts overall are 6% above the U.S. average (index 105.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Everett, so the Massachusetts figure is shown.
Taxes and bills in Everett
Life in Everett
Is it cheaper to rent or buy in Everett?
Renting is cheaper right now: about $1,394 a month less.
Owning assumes a typical $610,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $61,000 for the down payment.
Frequently asked questions
What is the average rent in Everett, MA?
Renting in Everett costs a median of about $2,839 a month in 2026, including utilities. The Massachusetts median is $2,331.
How much do I need to make to live in Everett?
To keep rent under 30% of income, you need about $113,560 a year, or $55 an hour at a full-time job.
Is Everett cheap or expensive?
Everett is rated Expensive: rent takes 37.1% of the typical household income of $91,908. It ranks 97th cheapest of 123 Massachusetts cities we track.
How much are property taxes in Everett?
The median homeowner in Everett pays $4,880 a year in property taxes, about 0.80% of the median home value.
Is Everett more expensive than the national average?
Overall prices in Massachusetts are 6% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Everett?
The median home value in Everett is $610,000, about 6.6 times the typical yearly household income.
50,045 people live in Everett. Numbers are typical (middle) values.