States › Massachusetts › Revere

Is Revere, MA expensive to live in?

ExpensiveRent takes 36 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,82961% higher than U.S. average
💵 Families earn per year (2026)$93,796about $7,816/month · 8% higher than U.S. average
🔑 House price$597,40080% higher than U.S. average

Rent here is among the highest 10% in the country. A typical house costs about 6.4 years of household income, so buying is hard for most locals. Commutes are long, about 34.2 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $113,160 a year. That is $54 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 96 of 123 cities from cheapest to most expensive.

Revere
$2,829
$1,976
$3,353
$3,198
$2,846
$1,416

How much do households earn in Revere?

Under $25k
15.5%
$25k–50k
15.8%
$50k–100k
28.1%
$100k–150k
23.3%
$150k+
11.8%

Share of households by yearly income. 35.1% of households earn $100,000 or more.

Rent by apartment size in Revere

SizeRevereU.S. average
Studio$2,294$1,338
1 bedroom$2,067$1,324
2 bedrooms$2,208$1,509
3 bedrooms$2,846$1,698
4 bedrooms$3,029$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Revere overall?

Everyday prices in Massachusetts overall are 6% above the U.S. average (index 105.8, U.S. = 100).

Housing
128
Goods (food, clothes…)
99
Utilities
152
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Revere, so the Massachusetts figure is shown.

Taxes and bills in Revere

🏛️ Property tax$5,605a year · 0.94% of home value · U.S. $3,119
⚡ Electric bill$145a month (typical) · U.S. $156

Life in Revere

Commute to work34.2 minU.S.: 26.4 min
College degree24.6%U.S.: 35.7%
Own their home45.6%U.S.: 65.2%
Below poverty line11.5%U.S.: 12.5%
Unemployment7%U.S.: 5.2%

Is it cheaper to rent or buy in Revere?

Renting is cheaper right now: about $1,316 a month less.

Renting
$2,829
Owning
$4,145

Owning assumes a typical $597,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $59,740 for the down payment.

Frequently asked questions

What is the average rent in Revere, MA?

Renting in Revere costs a median of about $2,829 a month in 2026, including utilities. The Massachusetts median is $2,331.

How much do I need to make to live in Revere?

To keep rent under 30% of income, you need about $113,160 a year, or $54 an hour at a full-time job.

Is Revere cheap or expensive?

Revere is rated Expensive: rent takes 36.2% of the typical household income of $93,796. It ranks 96th cheapest of 123 Massachusetts cities we track.

How much are property taxes in Revere?

The median homeowner in Revere pays $5,605 a year in property taxes, about 0.94% of the median home value.

Is Revere 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 Revere?

The median home value in Revere is $597,400, about 6.4 times the typical yearly household income.

60,012 people live in Revere. Numbers are typical (middle) values.