Housing costs in Springfield?
A typical home costs
$240,800, which is 28.8% less expensive than the national average of
$338,100 and 56.8% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Springfield costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 69.8% cheaper than the state average of
$2,140.
Can I afford Springfield?
To live comfortably in Springfield, Massachusetts, a minimum annual income of
$46,080 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Springfield?
Living in Springfield, Massachusetts has a tendency to come with an above average cost of living when compared to other cities around the United States. Median house values come in close to $150K while monthly rent for a one bedroom typically stands at about $1,150 - 1,400 depending on location or building type selected. Food items and utilities are mostly within what’s found across the country while taxes tend to remain higher than most other parts of Massachusetts.