Cost of Living in Charlton city, MA
Housing
The housing market plays a significant role in determining the cost of living in Charlton city, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $419,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
Based on the provided data for Charlton city, MA, the housing index is notably low at 125.6, with a median home price of 419000 indicating it could be a buyer's market. However, it is alarming to see average rents for two-bedroom apartments and houses both at zero, likely suggesting limited availability or high vacancies. In a market with higher home values, it may be more economical to buy than to rent in this area. Always consider local amenities, job market stability, and community vibe before making your final decision on relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Charlton city, 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 Charlton city, 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 Charlton city is a financially viable option for your relocation.