Housing costs in Groton?
A typical home costs
$645,800, which is 91.0% more expensive than the national average of
$338,100 and 15.9% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Groton costs
$2,190 per month, which is 53.1% more than the national average of
$1,430 and 2.3% more than the state average of
$2,140.
Can I afford Groton?
To live comfortably in Groton, Massachusetts, a minimum annual income of
$123,840 for a family, and
$72,400 for a single person is recommended.
What does A.I. say about Groton?
The cost of living in Groton, MA is relatively low compared to other nearby cities. Average rent for a one bedroom apartment is around $1,200 per month while a typical three-bedroom home rents for an average of around $2,000 per month. Groceries and basic necessities can be found at reasonable prices, and the town's many restaurants offer plenty of dining options to suit all budgets. Utilities tend to be on the lower end of the scale as well. All in all, Groton is a great place to live without breaking the bank.