Housing costs in Russell?
A typical home costs
$293,600, which is 13.2% less expensive than the national average of
$338,100 and 47.3% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Russell costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 101.9% cheaper than the state average of
$2,140.
Can I afford Russell?
To live comfortably in Russell, Massachusetts, a minimum annual income of
$56,160 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Russell?
The cost of living in Russell, MA is slightly higher than the national average, but still relatively low compared to other areas of Massachusetts. The median household income is just over $53,000 a year and the estimated per capita income is about $25,000 a year. Real estate prices are also quite reasonable, with the median home value being around $178,000. Although utilities and groceries may be slightly higher than other parts of the state, overall the cost of living in Russell remains quite affordable.