Is Living in Chelsea Without a Car Realistic?
Not Boston, but Chelsea — close enough. I recently accepted a new job that requires me to take a pay cut. I bought a car about two years ago and currently pay $475/month for the loan plus $189 for insurance, so over $664 a month just for the car alone.
Right now, I live in the suburbs with a family, so having a car has been necessary. But with this new job being in the city, I wanted to move closer — partly for the commute, but also because I’m 26 and want to improve other aspects of my life too. I found an apartment I really like in Chelsea. It’s affordable for me and literally right in front of a Silver Line stop, so transportation-wise it seems ideal.
Financially though, I’d probably need to sell my car. I genuinely need to start saving money, and I don’t think I’ll realistically be able to do that while carrying a car payment, insurance, gas, parking, maintenance, etc. My commute will also be paid for through work.
For anyone familiar with Chelsea/Boston area living — do you think I’d realistically be okay without a car? I’m nervous about giving up the convenience, but keeping it feels like it’s holding me back financially. I’m all ears.