Housing costs in Medfield?
A typical home costs
$831,900, which is 146.1% more expensive than the national average of
$338,100 and 49.3% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Medfield costs
$2,250 per month, which is 57.3% more than the national average of
$1,430 and 4.9% more than the state average of
$2,140.
Can I afford Medfield?
To live comfortably in Medfield, Massachusetts, a minimum annual income of
$159,480 for a family, and
$74,800 for a single person is recommended.
What does A.I. say about Medfield?
The cost of living in Medfield, MA is significantly higher than the US average. According to recent data, the median house value in Medfield is $831,900 which is more than double the national average of $338,100. Furthermore, the Cost of Living Index for Medfield is 166.7 compared to 100 for the US as a whole. This indicates that goods and services are more expensive in Medfield than in much of the rest of the country. Because of this, those looking to move to Medfield should plan accordingly if they want to live comfortably within their budget.