University profile

MIT

Location: Cambridge, MA

Minimum graduate stipend

$51,226 to $52,764/yr Official

Paid over 12 months · 2026-2027 · RA/TA/fellowship, doctoral. The $52,764 top of range matches the live MIT Mechanical Engineering program row.

Official: published by the university · Source: MIT Office of Graduate Education: AY2026-27 stipend levels · Verified 2026-09-27

Cost of living in Cambridge, MA

City-median rent is a city-level figure, not a near-campus price; university graduate housing lines are the university's own published rates. Each line is labeled with its own source.

Rent, 1-bedroom (university graduate housing, single occupant) $2,135 to $3,214/mo Official Efficiency (studio) $2,135-$2,766; 1-bedroom apartment $2,570-$3,214 per unit. 2026-27, per unit. Heat, hot water, electricity and internet included. The Warehouse efficiency is a first-year community with non-renewable licenses. Source: MIT Graduate Housing: Residences & Rates · Verified 2026-09-29
Rent, 1-bedroom (city-level range) $2,900 to $3,000/mo Estimated Studio/1BR range. Early manual pass; different sources than the Zumper figures, so not directly comparable. Rentometer/RentHop/SpotEasy, 2026. Cambridge, MA (same market as Harvard); 2BR ~$3,700-$3,900 total. Source: Rentometer / ApartmentList / RentHop (varies) · Verified 2026-09-27
Rent, 2-bedroom split two ways (university graduate housing, shared, per person) $1,016 to $1,913/mo Official Shared room or private bedroom in a graduate apartment, per person: from $1,016 (Sidney-Pacific 2-bedroom quad suite) to $1,913 (2-bedroom 2-bath apartment). 2026-27. Heat, hot water, electricity and internet included; a $5-$10 monthly house tax is extra; mostly furnished. No guarantee (self-selection). Graduate Junction (privately operated for MIT, $1,600-$1,799 per bed) is not included. Source: MIT Graduate Housing: Residences & Rates · Verified 2026-09-29
Rent, 2-bedroom split two ways (city-level range) $1,850 to $1,950/mo Estimated 2BR split two ways (range). Early manual pass; different sources than the Zumper figures, so not directly comparable. Rentometer/RentHop/SpotEasy, 2026. Cambridge, MA (same market as Harvard); 2BR ~$3,700-$3,900 total. Source: Rentometer / ApartmentList / RentHop (varies) · Verified 2026-09-27
Utilities Not yet available
Public transit Not yet available
Parking $1,300 to $1,995/yr Official $11 per day, capped annually: $1,300 (student commuter) to $1,995 (graduate employee daily). Rates listed for Jul 1 2025 to Jun 30 2026; the 2026-27 rates were not located. Account holders pay per day parked up to the annual cap and there is no annual permit fee. Carpool: $88 per month divided among riders. Campus residents pay $174 per month. Source: MIT Parking & Transportation Office: Parking rates · Verified 2026-09-28
Groceries Not yet available

Master's tuition

Published tuition (before any aid). PhD students usually have tuition waived; their offer letter confirms. This is not part of the stipend-versus-cost-of-living comparison.

Standard graduate tuition $33,360/semester Official 2026-2027. Fall and spring terms; summer is extra ($23055 full); per-unit charge $1030 Source: MIT Registrar Schedule of Fees 2026-2027 (dated Mar 18 2026) · Verified 2026-09-30
MBA (Sloan) $91,892/yr Official 2026-2027. Academic year Source: MIT Registrar Schedule of Fees 2026-2027 (Sloan master's programs table) · Verified 2026-09-30
Master of Business Analytics (Sloan) $96,884/yr Official 2026-2027. Academic year Source: MIT Registrar Schedule of Fees 2026-2027 (Sloan master's programs table) · Verified 2026-09-30
Master of Engineering in Logistics (Supply Chain Management) $89,692/yr Official 2026-2027. Academic year Source: MIT Registrar Schedule of Fees 2026-2027 · Verified 2026-09-30

PhD program profiles at MIT

Master’s program profiles at MIT

Master's in Mechanical Engineering (SM, MEng) Master’s · Mechanical Engineering

All master’s degrees, tuition and details →