Cost of Living in Swansea, MA
Housing
The housing market plays a significant role in determining the cost of living in Swansea, MA.
- Housing Index: Data is updating
- Median Home Price is: $380,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Swansea, MA, it's essential to delve into the housing market dynamics. With a housing index of 0.0, the local real estate landscape seems to be highly competitive, pushing the median home price to a notable 380000. However, the absence of data on average rents for 2-bedroom apartments and houses suggests limited rental options or perhaps rapid market changes. Potential residents may need to conduct thorough research or consult local resources to understand the overall affordability in comparison to purchasing trends. Keep in mind, investing in housing frequently yields better long-term value.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Swansea, 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 Swansea, 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 Swansea is a financially viable option for your relocation.