How Much House Can a Data Scientist Afford in Boston?
A Data Scientist earning $150,000/year in Boston can afford a home priced up to approximately $355,000 with a 20% down payment and a 30-year fixed mortgage at 6.95%.
| Metric | Value |
|---|---|
| Annual Salary | $150,000 |
| Monthly Take-Home (after ~32% tax) | $8,500 |
| Max Housing Budget (28% rule) | $2,380 |
| Affordable Home Price (20% down) | $355,000 |
| Down Payment Required | $71,000 |
| Monthly Mortgage Payment | $1,879 |
Tips for Homebuying in Boston
- Save aggressively toward your $71,000 down payment goal
- Explore first-time buyer programs in Boston for grants or favorable terms
- Get pre-approved before making offers in Boston’s competitive market
- Factor property taxes and HOA fees into your monthly budget
FAQ
How much house can a Data Scientist afford in Boston?
Approximately $355,000 with 20% down and a 30-year mortgage, based on the 28% income rule.
What salary do you need to buy a house in Boston?
Income requirements vary by home price. A Data Scientist earning $150,000 can typically afford homes in the $284,000–$355,000 range.
Related
Mortgage Affordability Calculator 2026 | Data Scientist Salary in Boston 2026