How much does the average house cost in Cambridge?

The average house cost in Cambridge varies significantly by location, with Cambridge, MA, having median sale prices around $1.1M to $1.25M as of late 2025. In contrast, other places named Cambridge, like Cambridge, MD, have median prices around $269K, while Cambridge, UK, saw average mortgage-funded sales around £491,000 (approx. $600K-$700K USD in late 2025).

How much does a house cost in Cambridge?

Average house price in Cambridge was £496,000 in October 2025. The provisional average house price in Cambridge in October 2025 was £496,000.

What is the average price of a house in Cambridge MA?

The median listing home price in Cambridge, MA was $1.2M in September 2025, trending down -10.9% year-over-year. The median listing home price per square foot was $934.

Is it expensive to live in Cambridge, Massachusetts?

Yes, it is very expensive to live in Cambridge, MA, significantly more than the national average, primarily driven by extremely high housing costs (rent and buying) due to its proximity to Harvard, MIT, tech/biotech industries, and urban demand, with other costs like food, utilities, and healthcare also being higher than average. Expect costs to be 60-80% higher overall, with housing sometimes exceeding 200-300% of the national average. 

What is the average income in Cambridge MA?

Income of Cambridge households and families in the past 12 months in 2023 inflation-adjusted dollars, from the 2019-2023 ACS: Median household income: $126,469.

How MUCH does a HOUSE COST in Cambridge, Ontario?

How much money do I need to live in Cambridge?

According to Numbeo, a single person typically needs around £1,000 per month (excluding rent), while a family of four requires around £3,200 to maintain a comfortable lifestyle.

Is it cheaper to live in Oxford or Cambridge?

Which is more affordable for students: Oxford or Cambridge? In 2025, Cambridge is slightly more affordable. The average monthly cost of living for students is approximately £1,100–£1,500 in Cambridge, while in Oxford it ranges between £1,200–£1,600. Accommodation and transport are generally cheaper in Cambridge.

Is it worth buying a house in Cambridge?

Overview of the Cambridge Property Market

The Cambridge property market has shown remarkable resilience and growth, making it an attractive option for investors. With a blend of historical prestige and modern innovation, this city has consistently demonstrated a strong demand for housing.

What is the cheapest state to buy a home in?

The cheapest states to buy a house consistently include West Virginia, Mississippi, Arkansas, Oklahoma, Iowa, and Ohio, often ranking at the top with the lowest median home prices, though the exact order varies slightly by report, with some citing Iowa or West Virginia as the absolute lowest, and many pointing to the Midwest and South as the most affordable regions.
 

What is the most expensive area to live in Cambridge?

Yet, Newnham has not only the most expensive properties in Cambridge but in the whole of the county. The Newnham area saw a 15% increase to an average price of £1,291,000. It is arguably the best area in all of Cambridge and Cambridgeshire to live in.

What is a decent price for a house?

For many homebuyers, a good guideline is to look for a home that is about 3 to 5 times your household annual income. Key factors that may guide you to a higher or lower range could be your current debt situation, the general level of mortgage rates, and your household's expected future earnings power.

Where have the cheapest house prices in the UK?

Northern England and Scotland dominate the list of the top 10 cheapest places to buy a house in the UK. The cheapest place when you can buy a house in the UK is Burnley in Lancashire, which has average house prices of £117,636 according to Land Registry Figures for November 2024.

How much do I need to buy a 300k house in the UK?

You would need to earn at least £66,000 to £75,000 to afford a mortgage of £300,000 as most lenders in the UK won't let you borrow more than 4.4. 5 times your annual salary.

Is it better to buy or rent?

Renting offers flexibility, lower upfront costs, and less maintenance responsibility, while buying provides long-term investment, equity building, and control over your living space, but comes with high transaction costs, maintenance burdens, and less mobility; the best choice depends on your financial stability, long-term goals (staying put vs. moving), local market, and lifestyle preferences, with buying often favoring longer stays (5+ years) and renting better for shorter-term needs or high-maintenance areas. 

Which UK city has the cheapest rent?

Top 10 Cheapest Rent Cities UK in 2025

• Bradford. Bradford has the lowest average rent in the UK. ...
• Carlisle. Carlisle gives quiet living close to nature. ...
• Carmarthen. A small Welsh town with big savings. ...
• Aberystwyth. This seaside town has a strong student scene. ...
• Huddersfield. ...
• Preston. ...
• Stoke-on-Trent. ...
• Wrexham.

Is Cambridge a wealthy area?

Cambridge is a wealthy city but there is real and avoidable poverty here. Foodbank dependency just keeps rising, particularly for marginalised groups, and the foodbanks are struggling to cope.

What is the 2% rule for property?

The 2% property rule is a real estate investing guideline stating that a rental property's monthly rent should be at least 2% of its purchase price to be considered a potentially profitable investment for strong cash flow, meaning a $100,000 home should rent for $2,000/month. It's a quick screening tool for investors, especially in markets with lower purchase prices, helping identify properties with good income potential to cover expenses and generate profit, often more aggressive than the 1% rule.
 

What makes 90% of millionaires?

About 90% of millionaires create wealth through real estate investing, leveraging tangible assets, rental income, and appreciation, often alongside smart business ownership and disciplined personal finance like 401(k) investing, rather than relying solely on high salaries, with many becoming self-made through consistent effort and asset accumulation, though some data suggests the claim might be overstated for all millionaires, with a mix of strategies like entrepreneurship and stocks also key. 

Which is richer, Cambridge or Oxford?

Of all of the colleges of Oxford and Cambridge, Trinity College, Cambridge is the wealthiest. How wealthy? Cambridge University as a whole has assets of approximately £4 billion, with Oxford coming second with £3.3 billion, and all other British universities – yes, all of them– totalling £2 billion.

Which university is harder to get into?

26 Hardest Colleges to Get Into

1. 1. California Institute of Technology. ...
2. Harvard University. ...
3. Columbia University. ...
4. Massachusetts Institute of Technology. ...
5. Stanford University. ...
6. Brown University. ...
7. University of Chicago. ...
8. Yale University.

How much money do you need to live in Cambridge, UK?

Cost of Living Cambridge, UK

To live comfortably in Cambridge, a minimum of £14,600 per year is required (excluding tuition). Other than government financial requirements, Cambridge is 15.5% more affordable than London in terms of consumer prices and 39.3% more affordable than the capital in terms of rent.

How many millionaires live in Cambridge?

As a result, income levels skew considerably higher than the national average, with around 4.5% of the population living as millionaires. While the city is not immune to inequality, certain districts exhibit concentrations of wealth that rival London's most exclusive boroughs.

What is a good salary in Cambridge?

Ranking Salary in Cambridge, MA

$89.3K is the 25th percentile. Wages below this are outliers. The median wage is $133.2K / yr. $161.1K is the 75th percentile.

What is a top 10% salary in the UK?

Average annual earnings for full-time employees in the UK 2025, by percentile. In 2025, the average annual full-time earnings for the top ten percent of earners in the United Kingdom was more than 76,900 British pounds, compared with 23,990 for the bottom ten percent of earners.