Cost of Living in Provincetown, MA
Housing
The housing market plays a significant role in determining the cost of living in Provincetown, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $738,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
Based on the data provided for Provincetown, MA, the median home price stands at a substantial 738000. However, the housing index and average rents for both 2-bedroom apartments and houses are showing a value of zero, which may indicate a lack of available rental data or a potential market anomaly. This suggests that while buying a home in Provincetown could be an investment, the rental market appears stagnant. Prospective buyers should also consider local amenities, job market trends, and economic conditions before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Provincetown, 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 Provincetown, 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 Provincetown is a financially viable option for your relocation.