Housing costs in North Reading?
A typical home costs
$739,300, which is 118.7% more expensive than the national average of
$338,100 and 32.7% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in North Reading costs
$2,390 per month, which is 67.1% more than the national average of
$1,430 and 10.5% more than the state average of
$2,140.
Can I afford North Reading?
To live comfortably in North Reading, Massachusetts, a minimum annual income of
$141,480 for a family, and
$78,800 for a single person is recommended.
What does A.I. say about North Reading?
The cost of living in North Reading, MA is slightly higher than the national average. Housing costs in the area are particularly high as the median home value is currently at $517,400. The median rent for a one bedroom apartment is around $1900 per month. Other costs of living like groceries, transportation and utilities can be higher than other parts of the country. Despite these higher prices, North Reading still remains a desirable place to live due to its close proximity to Boston and excellent school systems.