Cost of Living in South hamilton, MA
Housing
The housing market plays a significant role in determining the cost of living in South hamilton, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $600,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
Considering a move to South hamilton, MA? The housing index stands at 125.6, indicating diverse market conditions. With a median home price of 600000, purchasing property here may be a notable investment despite unknown average rents for 2BR apartments and houses. Understanding local employment rates and school quality can further illuminate your decision. Additionally, tracking market trends in South hamilton can yield possible negotiating power for home buyers. Π²Π½Π΅ This region might suit those prioritizing long-term investment strategies. Explore all facets before making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in South hamilton, 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 South hamilton, MA could entail higher utility costs. Electricity costs sit at $28.15, while natural gas is priced at $21.62 per Thousand Cubic Feet β 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 South hamilton is a financially viable option for your relocation.