Our mobile site is optimized for smaller screens.

TRY IT NO THANKS
Advanced Search

      Agent Spotlight

      About Michael

      Executive Vice President of Gibson Sotheby's International Realty, Michael Carucci has been one of the most trusted names in the Boston real estate market for more than 30 years.

      Michael is one of Boston's highest producing agents and is consistently ranked in the top 1% in sales volume for the Greater Boston area. He is a recognized expert in the residential and commercial Boston real estate market and is regularly quoted in articles, appearing in the Boston Globe, Boston Herald, Boston Business Journal, and Banker & Tradesman. He is also a contributing editor for Boston Common Magazine...

      Read More »

      Michael's Testimonials

      Michael has an exceptional ability to uncover opportunities in an otherwise very competitive market. His follow through and execution make all the difference.

      Michael did a great job closing the deal for us per my specific requests. He is very responsive - he always picks up the phone when I call him. I highly recommend him.

      "What sets Michael apart from other brokers is his attitude that the job doesn't stop when the ink dries on the closing papers. He was a tremendous help when my family and [...]

      Michael represented me on both the sale of my home and the purchase of a new one that better suited my family. Michael’s execution was flawless and I would highly recommend him for any of [...]

      Working with Michael is always a pleasure. Whether on a residential sale or purchase, or a larger multi-family or retail transaction, you know that your interests are being looked after by one of [...]

      "Michael is a star broker. By that, I mean he brings buyers and sellers together and makes deals happen. Both parties leave the closing table happy. He knows everybody and everybody knows him. [...]

      Michael is knowledgable, patient, and professional. If you’re considering a sale or purchase, I recommend Michael Carucci.

      Michael Carucci's knowledge, advice, and guidance of the property market is extraordinary. Coupled with Michael's genuine concern for the welfare of the family in a stressful [...]

      Back To Blog

      Michael Carucci on the Cost of Living in Boston

      Michael Carucci's clients move to Boston from all over the world and, depending on what part of the globe they are coming from, sometimes home prices are a shock. For example, where a 900 square foot luxury condo in Fort Worth, Texas might rent for $1700/month, that same luxury condo in Boston will rent for $2800/month. That being said, it's not just housing that costs more, The Carucci Group tracks the cost of living all around so that we can give our clients a fair comparison of living expenses when it comes to food, entertainment, and personal care. 

      Here are some interesting Boston Cost of Living numbers based on October 2016 data:

      • Monthly rent for a 900/sqare foot apartment in an expensive area $2815
      • Monthly rent for a 900/square foot apartment in a normal rent area $2085
      • Utilities for 1 month in a 900 square foot apartment $227
      • Basic dinner out for two in a local pub $52
      • Two tickets to the movies $26
      • Two tickets to the theater (best seats) $155
      • Dinner for 2 at an Italian restaurant including wine and dessert $108
      • One cocktail at a downtown club $13
      • Basic lunch in the business district $14
      • Monthly ticket for public transportation $85

      For a more detailed summary of Cost of Living data with the ability to compare between states visit the Expatistan Cost of Living Index

      Explains Michael Carucci, "Yes, there's a price to pay for living in one of the greatest cities in the country, Boston. However, it's important to also note that salaries, job opportunities, healthcare, and educational opportunities are more abundant in Boston than anywhere else in the country. The typcial clients we work with are comfortable paying more because, quite frankly, they get more in Boston than anywhere else."

      The Carucci Group offers their clients an array of tools to help clients best determine the best potential home price for their family so that the family maintains the level of living that they are used to. As well, the Salary Report tool the team uses, helps relocating clients determine how much they need to make in the city in order to maintain their standard of living. 

      If Cost of Living data and salary matrix reporting sounds unusual for a real estate company, you are correct. However, The Carucci Group is anything but average. In fact, the team works daily to ensure that that the tools, resources, and service offered by their vetted team members are unequaled anywhere else in the industry.

      If you are interested in additional Cost of Living data for Boston or surrounding communities, reach out to Michael Carucci directly at michael.carucci@gibsonsir.com or 617-901-7600.

      Add Comment

      Do not fill in this field:

      Comments are moderated. Please be patient if your comment does not appear immediately. Thank you.

      Comments

      1. No comments. Be the first to comment.