Cost of Living in Norfolk, MA
Housing
The housing market plays a significant role in determining the cost of living in Norfolk, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $532,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
Based on the data for Norfolk, MA, the median home price is notably high at 532000. However, with a housing index of 125.6, the rent for both two-bedroom apartments and houses appears to be unavailable, which could indicate a competitive rental market or limited options. It’s essential to consider additional living expenses and local amenities as these factors significantly impact your overall cost of living. Ensure to explore local market trends, as they may provide a clearer picture of housing dynamics in Norfolk.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Norfolk, 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 Norfolk, 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 Norfolk is a financially viable option for your relocation.