Cost of Living in Forestdale, MA
Housing
The housing market plays a significant role in determining the cost of living in Forestdale, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $368,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
When considering a move to Forestdale, MA, the current housing index of 125.6 indicates a potential imbalance in the market, especially with median home prices averaging around 368000. However, the absence of rental data for 2-bedroom apartments and houses suggests a significant housing gap or market instability. This could represent an opportunity for buyers willing to invest, but it leaves renters at a disadvantage. Overall, it’s crucial to weigh these factors alongside economic stability and job opportunities in the area before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Forestdale, 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 Forestdale, 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 Forestdale is a financially viable option for your relocation.