Housing costs in Northborough?
A typical home costs
$569,800, which is 68.5% more expensive than the national average of
$338,100 and 2.2% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Northborough costs
$2,310 per month, which is 61.5% more than the national average of
$1,430 and 7.4% more than the state average of
$2,140.
Can I afford Northborough?
To live comfortably in Northborough, Massachusetts, a minimum annual income of
$109,080 for a family, and
$71,200 for a single person is recommended.
What does A.I. say about Northborough?
The cost of living in Northborough, MA is relatively affordable compared to many of its neighboring cities and towns. The median home value for the area is currently around $520,000, which is lower than nearby towns such as Westborough and Shrewsbury. Groceries and other essentials are typically more affordable than those found in larger metropolitan areas, though gas prices tend to stay on par with the rest of the region. Property taxes are also slightly on the higher side when compared to other communities in the area. All told, Northborough remains an attractive option for those who seek an affordable residential option near Boston.