Cost of Living in Cummington, MA
Housing
The housing market plays a significant role in determining the cost of living in Cummington, MA.
- Housing Index: Data is updating
- Median Home Price is: $325,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the data for Cummington, MA, it appears that the housing index stands at 0.0, indicating either a very new or niche market situation. The median home price of 325000 suggests moderate affordability compared to national averages, allowing for potential appreciation in value. However, as the average rents for both a 2-bedroom apartment and house are reported at 0.0 and 0.0, respectively, there may be limited rental options available. Therefore, prospective residents should weigh buying versus renting in this unique market, considering long-term economic prospects and local developments.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cummington, 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.): Data is updating
Living in Cummington, 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 data unavailable 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 Cummington is a financially viable option for your relocation.