Cost of Living in Westfield, MA
Housing
The housing market plays a significant role in determining the cost of living in Westfield, MA.
- Housing Index: 120.0 / 100
- Median Home Price is: $307000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1830 per month
Considering a move to Westfield, MA? The housing index at 120.0 indicates that the market is above average, making it relatively competitive. With a median home price of 307000, purchasing a home may be a significant investment. Renters should note that the average rent for a 2-bedroom apartment stands at 1800, while a 2-bedroom house has an average rent of 1830. It's advisable to evaluate whether homeownership or renting aligns better with your financial strategy, especially given the area's housing trends and your lifestyle needs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Westfield, 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.): $280 per month
Living in Westfield, 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 $280 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 Westfield is a financially viable option for your relocation.