Cost of Living in Newton highlands, MA
Housing
The housing market plays a significant role in determining the cost of living in Newton highlands, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $870,000
- Average Rent (2 BR Apartment): $3981 per month
- Average Rent (2 BR House): $4327 per month
When considering a move to Newton highlands, MA, it's essential to evaluate the current housing landscape. With a median home price of 870000, it indicates a high investment required for homeownership. However, the zero values for the housing index and average rent for both 2-bedroom apartment and house suggest either data inconsistencies or lack of availability, making it essential to research local market conditions. Given these factors, you may face limited rental options, leading you toward home purchase as a more viable option—ideal for those firmly set on living in this market.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Newton highlands, 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 highlands, 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 highlands is a financially viable option for your relocation.