Cost of Living in Raynham center, MA
Housing
The housing market plays a significant role in determining the cost of living in Raynham center, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $421,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
In considering a move to Raynham center, MA, it’s important to acknowledge the median home price of 421000, which suggests a relatively high entry point for homebuyers. However, the housing index remains at 125.6, indicating potential challenges in the market dynamics, possibly attributed to supply-demand disparities or economic factors. Additionally, the absence of rental costs for a 2-bedroom apartment and house indicates an unstable rental market, which may not be appealing to those seeking rental accommodations. It may be beneficial to further research local amenities and socioeconomic conditions to make a well-rounded decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Raynham center, 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 Raynham center, 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 Raynham center is a financially viable option for your relocation.