Cost of Living in Brookfield, MA
Housing
The housing market plays a significant role in determining the cost of living in Brookfield, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $350,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
In Brookfield, MA, homebuyers will find the median home price to be 350000, making it an attractive option for those looking to invest in property, especially compared to national averages. However, the housing index, along with an average rent of 2614 for a two-bedroom apartment and 2841 for a house, indicates potential saturation in the rental market or possibly a space where rental prices have not yet developed. It’s essential to consider both purchasing and renting options to ensure you make the best financial decision for your living situation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Brookfield, 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.): $258 per month
Living in Brookfield, 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 $258 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 Brookfield is a financially viable option for your relocation.