Cost of Living in Marlborough, MA
Housing
The housing market plays a significant role in determining the cost of living in Marlborough, MA.
- Housing Index: 125.0 / 100
- Median Home Price is: $470,000
- Average Rent (2 BR Apartment): $2200 per month
- Average Rent (2 BR House): $2240 per month
When considering a move to Marlborough, MA, it's essential to note the housing index of 125.0, which indicates higher-than-average housing costs. The median home price stands at 470000, reflecting a solid investment, while average rents for a 2-bedroom apartment and house are 2200 and 2240, respectively. While these figures suggest a premium market, it's important to consider local job opportunities, amenities, and lifestyle when making your decision. Exploring the vibrant community and cost of living can help ensure that your investment corresponds to long-term satisfaction.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Marlborough, MA.
- Electricity Price: $28.15 USD (median by state)
- Natural Gas Price: $21.62 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Marlborough, MA could entail higher utility costs. Electricity costs sit at $28.15, while natural gas is priced at $21.62 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Marlborough is a financially viable option for your relocation.