Cost of Living in Charlton, MA
Housing
The housing market plays a significant role in determining the cost of living in Charlton, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $320,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
Based on the data provided, Charlton, MA has a housing index of 125.6, indicating there's limited affordable housing available. The median home price stands at 320000, suggesting that while buying a home may require a significant financial commitment, other rental options seem missing from the data. It's critical to research local amenities, job opportunities, and community engagement. Market trends, as of October 2023, reflect a wider shift toward suburban living, which could impact future housing options in your desired area. Steady appreciation in home values is expected, influencing long-term investment decisions.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Charlton, 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, 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 is a financially viable option for your relocation.