Housing costs in North Adams?
A typical home costs
$214,100, which is 36.7% less expensive than the national average of
$338,100 and 61.6% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in North Adams costs
$1,300 per month, which is 9.1% cheaper than the national average of
$1,430 and 64.6% cheaper than the state average of
$2,140.
Can I afford North Adams?
To live comfortably in North Adams, Massachusetts, a minimum annual income of
$41,040 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about North Adams?
The cost of living in North Adams, MA is generally lower than the national average, but still above average for the state of Massachusetts. The median home value in North Adams is $157,500, which is significantly lower than the median value for Massachusetts as a whole. Additionally, the median household income is around $50,000 and unemployment rate sits at 6.2%. Groceries are slightly more expensive than elsewhere in the country; however, utilities tend to be less expensive when compared to other states overall. All in all, living in North Adams can be more affordable than some other parts of Massachusetts while still offering plenty of amenities and resources to residents.