Why are people moving to Cambridge?

Residents enjoy access to top-notch education, job opportunities, cultural diversity and variety, access to shopping and entertainment, as well as quality healthcare facilities. In this article, we'll explore the reasons why you should consider moving house to Cambridge and the financial considerations when relocating.

Should I move to Cambridge Massachusetts?

Cambridge is a safe place to live. Violent crime is at rock bottom. While every city has a few rough spots, no one looks over their shoulder when they walk down the street in Cambridge. Your odds of being a victim here are 1 in 342, making it one of the safest places to live in the country.

Why should I live in Cambridge?

Today, Cambridge is famous for its prestigious universities like Harvard and MIT, educated population, and as a center of innovation and biotechnology. This safe, beautiful city on the Charles River offers a great quality of life and economic opportunities, not to mention a rich history to explore at every turn.

Is Cambridge a good place to live in?

Combining the hustle and bustle of a small city with many parks and surrounding green areas, Cambridge is a great place to live for anyone looking for a good balance between city and country living.

Why is it so expensive to live in Cambridge MA?

Cambridge, MA is the home to Harvard University, MIT, plenty of scientific institutes, and a huge startup scene. So, it's no surprise that it's a somewhat expensive place to live.

Thinking of Moving to Cambridge, MA? Here Are the Pros & Cons You Need to Know

What salary do you need to live in Cambridge?

Housing costs of £750 a month would mean you would need to make a minimum take-home pay of £2,300 a month after tax to keep these costs below a third of your take-home pay. To achieve that, your annual salary after tax would need to be at least £28,000, depending on your financial circumstances.

Where do the rich live in Cambridge?

Newnham. Enjoying a 'village feel' yet with great access to the city centre and colleges alike, Newnham is one of the most affluent suburbs of Cambridge. It enjoys national recognition – not just as one of the best places to live in Cambridge, but as one of the best places to live in the whole of the UK.

What is the richest part of Cambridge?

Arguably one of the best Cambridge neighborhoods that has the most going for it, West Cambridge holds the highest household income average and is also the safest neighborhood in town with the lowest crime rate.

What is the quality of life in Cambridge MA?

The city that's home to some of the world's top colleges and universities got an "A+" grade for nightlife, family living, outdoor activities, commuting and health and fitness. It also got an "A" for diversity and public schools. Some of the drawbacks, however, include the weather and affordability.

Is Cambridge MA affluent?

In a recent Zillow report, the home buying site ranked Cambridge No. 7 on a list of cities where rich millennials live. The report found 2.9 percent of millennial households, defined as those households with a head aged 34 or younger, make more than $350,000 per year.

Is it safe to walk in Cambridge at night?

Cambridge, UK, is generally considered quite safe—even after dark. However, like in any city, it's important to stay vigilant and take common safety precautions, particularly while walking alone. The streets are often well-lit, and the city centre is usually bustling with people, even late into the night.

Should I live in Boston or Cambridge?

If you want to settle down in a quiet suburb, Boston is the better choice. However, if you want to immerse yourself in “campus life”, then Cambridge is calling you.

Why is Cambridge so popular?

Cambridge is home to one of the oldest and most prestigious universities in the world, giving it a rich intellectual history, and a bunch of extremely pretty buildings.

Is Cambridge or Boston cheaper?

However East Boston, Dorchester, Roxburry are way cheaper than Cambridge and there are no cheap areas in Cambridge. So overall Boston is cheaper.

Is Cambridge MA expensive to live in?

Cambridge, Massachusetts's cost of living is 73% higher than the national average.

What is special about Cambridge Massachusetts?

Cambridge is home to two of the world's most prestigious universities, Harvard University and the Massachusetts Institute of Technology (MIT), which is why it is considered one of the centers of knowledge and innovation in the state and the country.

What is the average household income in Cambridge MA?

Median household income in Cambridge, MA is $112,565. In 2021, the place with the highest median household income in Cambridge, MA was Census Tract 3529 with a value of $160,833, followed by Census Tract 3545 and Census Tract 3547, with respective values of $157,938 and $151,389.

Is Cambridge a livable city?

Cambridge Tops Fortune Well's Second Annual Fortune 50 Best Places to Live for Families. In this year's Fortune 50 Best Places to Live for Families list, the City of Cambridge ranked #1, topping the charts on metrics ranging from quality of healthcare, aging resources, and education, to community connectedness.

Does Cambridge have a good night life?

With an eclectic mix of bars, clubs and other venues, Cambridge is no doubt a great place to party whether you want to enjoy a big night out or a quick nightcap after a long day on the tourist trail.

Who is the richest man in Cambridge?

Is Cambridge cheap to live in?

According to Varsity magazine, Cambridge is the second-most expensive city after the UK capital in terms of private rent. Cambridge is 39.3% cheaper than London in terms of rent and 15.5% cheaper than London in terms of consumer prices.

Is rent in Cambridge high?

Cambridge is one of the most expensive places to rent in the UK, after London, Edinburgh, and two Surrey towns. Data from flatshare site SpareRoom show the average monthly rent including bills for a room in Cambridge increased by 37.7% from the end of 2019 to the end of 2023.

What is the richest street in Cambridge?

Chaucer Road in Cambridge was identified by Halifax as the most expensive street in the East of England at £4.2m per average home. Benar Headland in Abersoch was named as Wales's most expensive street, with an average price of £1.7m.

What is the largest house in Cambridge?

Situated off the A603 southwest of Cambridge, the Wimpole Estate is 3000 acres owned by the National Trust consisting of parkland, farmland and a 1640 country house, Wimpole Hall, the largest house in Cambridgeshire.