Cost of Living in North chelmsford, MA
Housing
The housing market plays a significant role in determining the cost of living in North chelmsford, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $425,000
- Average Rent (2 BR Apartment): $2387 per month
- Average Rent (2 BR House): $2595 per month
Based on the data provided for North chelmsford, MA, the housing index stands at 0. This indicates a potentially scarcity-driven market, affecting both availability and rental prices. The median home price is notably set at 425000, suggesting a significant investment opportunity. However, with both average rents for 2BR apartments and houses at 0, it hints at either data limitations or a potential market distress. Prospective movers should also consider factors like job opportunities, community amenities, and long-term market trends, which can significantly influence overall living quality and property values in the long run.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North chelmsford, 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 North chelmsford, 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 North chelmsford is a financially viable option for your relocation.