Cost of Living in Byfield, MA
Housing
The housing market plays a significant role in determining the cost of living in Byfield, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $481,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
When considering a move to Byfield, MA, it’s important to take note of the housing market's dynamics. With a median home price of 481000, prospective buyers might notice higher real estate costs impacting their budget. The absence of rental prices for both 2-bedroom apartments and houses, indicated by 2614 and 2841, suggests potential challenges in finding affordable rental options. This could signify either a competitive market or a lack of available data. Overall, further research is essential for informed decision-making before relocating to Byfield.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Byfield, 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 Byfield, 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 Byfield is a financially viable option for your relocation.