Housing costs in Leominster?
A typical home costs
$394,200, which is 16.6% more expensive than the national average of
$338,100 and 29.3% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Leominster costs
$1,470 per month, which is 2.8% more than the national average of
$1,430 and 45.6% cheaper than the state average of
$2,140.
Can I afford Leominster?
To live comfortably in Leominster, Massachusetts, a minimum annual income of
$75,600 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Leominster?
Leominster, MA is an affordable place to live with a cost of living significantly lower than the national average. The median home cost in Leominster is $236,500, which is much lower than the Massachusetts median of $387,400. Renters can expect to pay around $1,300 for a one-bedroom apartment and slightly more for two bedrooms. Utilities costs are also reasonable compared to other areas in New England, and transportation costs are very low due to the city's proximity to major highways. All in all, Leominster is a great option for those looking for an affordable cost of living without sacrificing quality of life.