Housing costs in Hingham?
A typical home costs
$1,092,000, which is 223.0% more expensive than the national average of
$338,100 and 95.9% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Hingham costs
$2,840 per month, which is 98.6% more than the national average of
$1,430 and 24.6% more than the state average of
$2,140.
Can I afford Hingham?
To live comfortably in Hingham, Massachusetts, a minimum annual income of
$209,160 for a family, and
$91,200 for a single person is recommended.
What does A.I. say about Hingham?
Hingham, MA is known for its high cost of living compared to the US average. The house median value in Hingham is $1,092,000 which is over three times more than the US average of $338,100. Additionally, the cost of living in Hingham is 182.8 which is almost double the US average of 100. This makes Hingham an expensive place to live compared to other parts of the US. Despite the higher costs associated with living in Hingham, many people are drawn to the area due to its excellent amenities and quality of life.