Cost of Living in Newton center, MA
Housing
The housing market plays a significant role in determining the cost of living in Newton center, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $1,025,000
- Average Rent (2 BR Apartment): $3528 per month
- Average Rent (2 BR House): $3835 per month
Considering a move to Newton center, MA? The current housing index stands at 125.6, indicating a challenging market. With a median home price of 1025000, buying a home here may demand a premium investment. There are no available data for the average rent on 2-bedroom apartments and houses; however, understanding this aspect is crucial for your decision. It often signifies stability and potential growth in an area. Ensure to thoroughly research local amenities, schools, and employment opportunities, as these factors often play a pivotal role in long-term satisfaction and community integration.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Newton center, 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 Newton center, 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 Newton center is a financially viable option for your relocation.