Housing costs in Nahant?
A typical home costs
$784,600, which is 132.1% more expensive than the national average of
$338,100 and 40.8% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Nahant costs
$2,360 per month, which is 65.0% more than the national average of
$1,430 and 9.3% more than the state average of
$2,140.
Can I afford Nahant?
To live comfortably in Nahant, Massachusetts, a minimum annual income of
$150,480 for a family, and
$77,600 for a single person is recommended.
What does A.I. say about Nahant?
The cost of living in Nahant, MA is relatively high compared to other towns in the area. The median home value is $626,800 which is significantly more than the state average of $387,200. The median household income is also higher at $91,563 compared to the Massachusetts average of $77,385. Additionally, the cost of groceries and healthcare are generally higher than other areas as well. All these factors contribute to a higher cost of living in Nahant compared to many other places.