Cost of Living in Otis, MA
Housing
The housing market plays a significant role in determining the cost of living in Otis, MA.
- Housing Index: Data is updating
- Median Home Price is: $350000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In analyzing the real estate market in Otis, MA, we see a median home price of 350000. Notably, with a housing index of 0.0, it indicates a potential opportunity for buyers, especially in a market where rents may not be clearly defined. Although both the average rent for a 2-bedroom apartment and house are recorded as 0.0 and 0.0, it would be prudent to investigate local demand further, as this could impact future housing prices and rental availability. Consider local amenities and job opportunities when 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 Otis, 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 Otis, 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 Otis is a financially viable option for your relocation.