Cost of Living in Millville, MA
Housing
The housing market plays a significant role in determining the cost of living in Millville, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $312,500
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
Analyzing the data for Millville, MA, we find that the housing index stands at 125.6, indicating a relatively stable housing market. The median home price of 312500 suggests it is a moderate investment compared to national averages, possibly attracting prospective buyers seeking affordability. However, the nonexistent average rent prices for 2-bedroom apartments and houses could point to unique local market factors or data skews. Consider evaluating additional factors, such as local amenities and job market trends, to better inform your decision about relocating to this promising area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Millville, 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 Millville, 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 Millville is a financially viable option for your relocation.