Cost of Living in Sagamore, MA
Housing
The housing market plays a significant role in determining the cost of living in Sagamore, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $528,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
When considering a move to Sagamore, MA, the housing market presents a mixed picture with a median home price of 528000 indicating a significant investment required for homeownership. However, with a housing index of 125.6, stability may be implied beyond immediate rental costs, which currently sit at $0 for both 2-bedroom apartments and houses. It’s crucial to keep in mind that a lack of rental data might suggest limited choices or unique local market conditions. If affordability is a priority, conducting additional research on living costs and neighborhood amenities is advisable 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 Sagamore, 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, 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 is a financially viable option for your relocation.