Cost of Living in Oak bluffs, MA
Housing
The housing market plays a significant role in determining the cost of living in Oak bluffs, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $1,035,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
Based on the provided data for Oak bluffs, MA, the housing index is currently at 125.6, indicating a potentially unstable market. The median home price stands at 1035000, which suggests a high investment value. However, with the average rents for a 2BR apartment and house both at 2614 and 2841 clustering around zero, it raises concerns about rental market viability. Therefore, potential buyers should weigh property investments carefully and consider the long-term sustainability of living costs in this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oak bluffs, 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 Oak bluffs, 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 Oak bluffs is a financially viable option for your relocation.