Housing costs in Andover?
A typical home costs
$802,700, which is 137.4% more expensive than the national average of
$338,100 and 44.0% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Andover costs
$2,310 per month, which is 61.5% more than the national average of
$1,430 and 7.4% more than the state average of
$2,140.
Can I afford Andover?
To live comfortably in Andover, Massachusetts, a minimum annual income of
$153,720 for a family, and
$76,000 for a single person is recommended.
What does A.I. say about Andover?
The cost of living in Andover, MA is slightly above the national average. This is due to the fact that the town has many desirable amenities, such as excellent schools, a variety of restaurants and shops, and plenty of recreational activities. The median household income for residents is $100,000, which is significantly higher than the US average. Housing prices tend to be higher in Andover due to its desirable location and amenities, but there are some affordable housing options available. Overall, Andover offers a high quality of life at an above-average cost of living.