Cost of Living in Taunton, MA
Housing
The housing market plays a significant role in determining the cost of living in Taunton, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $413,200
- Average Rent (2 BR Apartment): $1824 per month
- Average Rent (2 BR House): $1983 per month
Analyzing the housing data for Taunton, MA, we observe a housing index of 125.6, with a median home price at 413200. However, the average rent for both a 2-bedroom apartment and a 2-bedroom house stands at 1824 and 1983, indicating either a lack of data or availability in this market. It's crucial to consider the overall real estate climate in Taunton, which is influenced by the local economy, job availability, and cost of living. With homes priced at this level, it may also be more beneficial to explore renting options, depending on your financial goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Taunton, 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 Taunton, 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 Taunton is a financially viable option for your relocation.