Housing costs in Fitchburg?
A typical home costs
$341,400, which is 1.0% more expensive than the national average of
$338,100 and 38.7% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Fitchburg costs
$1,330 per month, which is 7.0% cheaper than the national average of
$1,430 and 60.9% cheaper than the state average of
$2,140.
Can I afford Fitchburg?
To live comfortably in Fitchburg, Massachusetts, a minimum annual income of
$65,520 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Fitchburg?
Fitchburg, MA is an affordable place to live with a variety of housing options and costs. The median home value is around $174,000, significantly lower than the national average of $200,000. Property taxes are also well below the national average at 1.84% of the assessed property value. Renters can expect to pay slightly higher rents for a one-bedroom apartment in Fitchburg than in other Massachusetts cities; however, the overall cost of living is still below that of many major metro areas. Despite having some higher prices than other parts of the state, Fitchburg remains an affordable city where people can find a reasonable cost of living in a good community.