Cost of Living in Petersham, MA
Housing
The housing market plays a significant role in determining the cost of living in Petersham, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $257,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
When considering relocation to Petersham, MA, the local real estate market shows a 125.6 housing index that may indicate a challenging environment for home buyers. With a median home price of 257000 reflecting potentially higher demand, it's crucial to monitor market trends diligently. Although average rents for both 2-bedroom apartments and houses are currently at zero, this snapshot might lack recent fluctuations or listings. Researching local amenities and the community can provide insight into whether this is the ideal place for your next home! Keep in mind that both rental and purchasing power are key to your decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Petersham, 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 Petersham, 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 Petersham is a financially viable option for your relocation.