Cost of Living in Southbridge, MA
Housing
The housing market plays a significant role in determining the cost of living in Southbridge, MA.
- Housing Index: 120.0 / 100
- Median Home Price is: $273,800
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1440 per month
When considering a move to Southbridge, MA, it's essential to evaluate the housing market. The housing index stands at 120.0, indicating a slightly elevated market. With a median home price of 273800, purchasing a home may be an accessible option for some buyers. If renting is preferred, expect to pay an average of 1600 for a two-bedroom apartment or 1440 for a two-bedroom house. Overall, potential movers should weigh these factors against income levels and personal lifestyle preferences to make an informed decision about their new home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Southbridge, 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 Southbridge, 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 Southbridge is a financially viable option for your relocation.