The average System Dynamics Simulation Engineer in Boston, MA makes $123,986, 32% above the national average System Dynamics Simulation Engineer salary of $94,000.
The salaries of System Dynamics Simulation Engineers in Boston, MA range from $99,189 to $148,783 , with a median salary of $123,986 . The middle 67% of System Dynamics Simulation Engineers makes $94,000, with the top 67% making $112,800.
For an individual filer in this tax bracket, you would have an estimated average federal tax in 2018 of 24% and an added Massachusetts state tax of 5.1%. After the combined taxes have been taken out, System Dynamics Simulation Engineers could expect to have a take-home pay of $93,617/year, with each paycheck equaling approximately $3,901*.
* assuming bi-monthly pay period. Taxes estimated using tax rates for a single filer using 2018 federal and state tax tables. Metro-specific taxes are not considered in calculations. This data is intended to be an estimate, not prescriptive financial or tax advice.
With a take-home pay of roughly $7,801/month, and the median 2BR apartment rental price of $2,104/mo** in Boston, MA, a System Dynamics Simulation Engineer would pay 26.97% of their monthly take-home salary towards rent. The average income spent on cost of living excluding rent within Boston per month for an individual is $1,006 , and for a 4-person family $3,695***. This means for an individual, total cost of living is 39.86% of a System Dynamics Simulation Engineer in Boston's salary leaving $4,692 as discretionary income ; whereas for a family of 4, total cost of living is 74.33% of a System Dynamics Simulation Engineer in Boston's salary leaving $2,002 as discretionary income. When considering cost of living, this places Boston, MA as 1st out of the 3 largest nearby metros in terms of quality of life for System Dynamics Simulation Engineers**.
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