Housing costs in Truro?
A typical home costs
$938,700, which is 177.6% more expensive than the national average of
$338,100 and 68.4% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Truro costs
$1,710 per month, which is 19.6% more than the national average of
$1,430 and 25.1% cheaper than the state average of
$2,140.
Can I afford Truro?
To live comfortably in Truro, Massachusetts, a minimum annual income of
$180,000 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about Truro?
Truro, MA is known for its low cost of living, making it an attractive option for those looking to settle down in a small town without breaking the bank. The median home value is $515,400 and the median rent is $1,534, both of which are slightly lower than the state averages. Utility costs are also quite affordable in Truro compared to other parts of Massachusetts. Additionally, property taxes are some of the lowest in the state at 8.01%. With all these factors combined, living in Truro can be very cost-effective for families and individuals alike.