Cost of Living in Merrimac, MA
Housing
The housing market plays a significant role in determining the cost of living in Merrimac, MA.
- Housing Index: Data is updating
- Median Home Price is: $364,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Merrimac, MA? The current real estate data indicates a median home price of 364000, which can signal a competitive market. However, with a housing index of 0.0, you may find it advantageous depending on your budget. The absence of rental figures suggests limited availability or may point to a lack of two-bedroom options. If you're looking for space, exploring other areas may offer better rental prospects. Be sure to factor in the local economy, amenities, and lifestyle preferences before making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Merrimac, 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 Merrimac, 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 Merrimac is a financially viable option for your relocation.