Cost of Living in Ocean bluff, MA
Housing
The housing market plays a significant role in determining the cost of living in Ocean bluff, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $565,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
When considering a move to Ocean bluff, MA, it's essential to weigh the high median home price of 565000 against the current housing index of 125.6. With the average rent for a 2-bedroom apartment and house both reported at zero, it may indicate a supply shortage or ongoing adjustments in the rental market. This data could point to potential investment opportunities in buying rather than renting, aligning with regional trends where buyers often find more value. Be sure to evaluate community amenities and job market prospects, as they greatly influence desirability and future growth in the area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ocean bluff, 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 Ocean bluff, 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 Ocean bluff is a financially viable option for your relocation.