Cost of Living in East otis, MA
Housing
The housing market plays a significant role in determining the cost of living in East otis, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $300,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
Based on the provided data for East otis, MA, the housing index stands at 125.6, indicating potential affordability challenges, especially since rent data appears to be unavailable. The median home price is 300000, which may represent a significant investment given current market trends. This figure suggests that buyers should evaluate the long-term value of owning versus renting in this area. Moreover, it's crucial to consider local amenities and job opportunities, as they greatly influence overall living satisfaction and demand in the housing market. An analysis of these factors will assist in making a more informed decision about relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in East otis, 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 East otis, 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 East otis is a financially viable option for your relocation.