Housing costs in Peabody?
A typical home costs
$580,200, which is 71.6% more expensive than the national average of
$338,100 and 4.1% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Peabody 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 Peabody?
To live comfortably in Peabody, Massachusetts, a minimum annual income of
$111,240 for a family, and
$76,000 for a single person is recommended.
What does A.I. say about Peabody?
Peabody, MA has an overall average cost of living that tends to be slightly below the U.S national rate due mainly in part to its low housing prices and taxes while utility costs remain quite reasonable too which makes this town a viable choice even at its elevated price tags associated with goods and services here too.