Cost of Living in Topsfield, MA
Housing
The housing market plays a significant role in determining the cost of living in Topsfield, MA.
- Housing Index: Data is updating
- Median Home Price is: $626000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In analyzing the real estate landscape of Topsfield, MA, it appears that a critical factor to consider is the housing index, which currently stands at 0.0. This suggests a more competitive market might be on the horizon, even though the data echoes an absence of current rental prices for both apartments and houses. With a median home price of 626000, potential homeowners may find challenges in affording housing, impacting the overall appeal of relocating. Monitoring further trends in housing affordability is recommended for informed decision-making moving forward.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Topsfield, 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 Topsfield, 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 Topsfield is a financially viable option for your relocation.