The housing market plays a significant role in determining the cost of living in Brockton, MA.
Considering the housing data for Brockton, MA, the housing index of 120.5 indicates a higher than average cost of living. With a median home price of 448900, purchasing a home here may require significant financial resources. Additionally, the average rent for a 2-bedroom apartment being 2300 and a 2-bedroom house at 2400 suggest that renting is also quite costly. Potential movers should weigh these housing costs against their income and lifestyle preferences, as this area tends to offer a premium lifestyle in exchange for the higher costs of housing.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Brockton, MA.
Living in Brockton, 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 Bethlehem is a financially viable option for your relocation.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Brockton, MA, consider the following factors: