Cost of Living in North brookfield, MA
Housing
The housing market plays a significant role in determining the cost of living in North brookfield, MA.
- Housing Index: 90.0 / 100
- Median Home Price is: $289,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1620 per month
Based on the data for North brookfield, MA, the housing index of 90.0 suggests a moderately affordable market. With a median home price of 289000, purchasing a home could be viable for first-time buyers, especially in comparison to the average rent of 1600 for a 2-bedroom apartment and 1620 for a house. Given neighborhood dynamics and potential appreciation, it might be worthwhile to consider homeownership in this area rather than throwing money away on rentals, especially in a world where rental prices continue to escalate.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North brookfield, 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 North brookfield, 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 North brookfield is a financially viable option for your relocation.