Housing costs in Dracut?
A typical home costs
$456,500, which is 35.0% more expensive than the national average of
$338,100 and 18.1% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Dracut costs
$1,910 per month, which is 33.6% more than the national average of
$1,430 and 12.0% cheaper than the state average of
$2,140.
Can I afford Dracut?
To live comfortably in Dracut, Massachusetts, a minimum annual income of
$87,480 for a family, and
$63,200 for a single person is recommended.
What does A.I. say about Dracut?
Dracut, MA has an affordable cost of living compared to many parts of the country. The median household income is around $73,000 and housing costs are far below the national average. Rent for a one-bedroom apartment averages around $1250 per month and purchasing a home can be done at relatively affordable prices. Utilities such as electricity, gas, water, and trash are all on par with the national averages. Transportation costs in Dracut are also reasonable with monthly bus passes averaging around $50. In short, residents of Dracut can enjoy a comfortable lifestyle without spending an exorbitant amount on basic necessities.