Housing costs in Lanesborough?
A typical home costs
$354,300, which is 4.8% more expensive than the national average of
$338,100 and 36.4% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Lanesborough costs
$1,760 per month, which is 23.1% more than the national average of
$1,430 and 21.6% cheaper than the state average of
$2,140.
Can I afford Lanesborough?
To live comfortably in Lanesborough, Massachusetts, a minimum annual income of
$68,040 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Lanesborough?
The cost of living in Lanesborough, MA is slightly higher than the national average. The median home price in the area is around $220,000, which is considerably more expensive than the national median home value of $184,700. Due to its small size and rural location, there are few options for shopping or dining out; however, groceries tend to be reasonably priced. In addition, utilities such as electricity and natural gas cost a bit more here than in other parts of the country. Although it may be pricier than some locations, Lanesborough offers residents a sense of peace and tranquility that can't be found elsewhere.