Housing costs in Essex?
A typical home costs
$572,900, which is 69.4% more expensive than the national average of
$338,100 and 2.8% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Essex costs
$2,380 per month, which is 66.4% more than the national average of
$1,430 and 10.1% more than the state average of
$2,140.
Can I afford Essex?
To live comfortably in Essex Massachuse County, Massachusetts, a minimum annual income of
$109,800 for a family, and
$78,400 for a single person is recommended.
What does A.I. say about Essex?
Essex, MA County is known for its high cost of living, with the median house value standing at $573,900. This is significantly higher than the US average of $338,100 and the county's Cost of Living index is 131.5 compared to the national average of 100. Despite being a pricey area to live in, Essex County still remains a desirable place to call home due to its attractive coastlines and close proximity to Boston.