Cost of Living in Sagamore beach, MA
Housing
The housing market plays a significant role in determining the cost of living in Sagamore beach, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $500,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
Considering a move to Sagamore beach, MA? The housing index of 125.6 indicates a higher-than-average cost of living. With a median home price of 500000, purchasing real estate may stretch your budget. For renters, the average cost for a 2-bedroom apartment is 2614, and for a 2-bedroom house, it's 2841. Keep in mind that the current market might offer limited inventory, which can further drive up prices. Assessing future growth potential in Sagamore beach is essential, as this could affect your overall investment as well.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sagamore beach, 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 Sagamore beach, 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 Sagamore beach is a financially viable option for your relocation.