Housing costs in Woburn?
A typical home costs
$635,600, which is 88.0% more expensive than the national average of
$338,100 and 14.0% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Woburn costs
$2,750 per month, which is 92.3% more than the national average of
$1,430 and 22.2% more than the state average of
$2,140.
Can I afford Woburn?
To live comfortably in Woburn, Massachusetts, a minimum annual income of
$121,680 for a family, and
$90,800 for a single person is recommended.
What does A.I. say about Woburn?
The cost of living in Woburn, MA is more expensive than the national average. According to Best Places, the cost of living index in Woburn is 125.9, which is 25.9% higher than the U.S. average of 100. This city also ranks 5th out of all cities and towns in Massachusetts for highest cost of living. Housing expenses make up a large portion of this higher cost of living at 149.3%. Groceries are slightly above average at 105%, while transportation and utilities are close to the national average at 98% and 97%, respectively. Overall, residents should expect to pay more when living in Woburn than elsewhere in the country.