Cost of Living in Vineyard haven, MA
Housing
The housing market plays a significant role in determining the cost of living in Vineyard haven, MA.
- Housing Index: 125.6 / 100
- Median Home Price is: $821,000
- Average Rent (2 BR Apartment): $2614 per month
- Average Rent (2 BR House): $2841 per month
When evaluating moving to Vineyard haven, MA, it’s important to note the significant median home price of 821000, indicating a potentially high cost of homeownership. Although the housing index is currently reported as 125.6, this figure doesn't capture the overall market dynamics, which could provide valuable context. Furthermore, with rental data showing 2614 for a 2-bedroom apartment and 2841 for a 2-bedroom house, this may suggest limited rental availability or pricing. Therefore, thorough research is advised for a comprehensive understanding of the local real estate landscape.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Vineyard haven, 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 Vineyard haven, 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 Vineyard haven is a financially viable option for your relocation.