Cost of Living in Sharon, MA
Housing
The housing market plays a significant role in determining the cost of living in Sharon, MA.
- Housing Index: 120.0 / 100
- Median Home Price is: $490,000
- Average Rent (2 BR Apartment): $2400 per month
- Average Rent (2 BR House): $2450 per month
When considering a move to Sharon, MA, the current housing market reflects a housing index of 120.0, indicating a moderately challenging environment for buyers. The median home price stands at 490000, which may require careful budgeting. For renters, average monthly rents for a 2-bedroom apartment and house are relatively high at 2400 and 2450 respectively. It's essential to weigh these costs against local amenities and lifestyle options before deciding. Understanding that supporting job markets and growth can enhance real estate value may also influence your decision significantly.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sharon, 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 Sharon, 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 Sharon is a financially viable option for your relocation.