Cost of Living in Charlemont, MA
Housing
The housing market plays a significant role in determining the cost of living in Charlemont, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $324,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
Considering a move to Charlemont, MA? The median home price is currently 324000. However, the housing index indicates no available rental options, as both average rents for a 2-bedroom apartment and house are at $0. This suggests a limited rental market, potentially pushing prospective residents towards home ownership. Researching additional amenities, the job market, and quality of life metrics can enhance your decision-making process. Evaluate your budget and long-term commitments carefully, despite attractive home prices, as the viability of renting shouldn't be overlooked.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Charlemont, 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 Charlemont, 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 Charlemont is a financially viable option for your relocation.