Housing costs in West Newbury?
A typical home costs
$760,200, which is 124.8% more expensive than the national average of
$338,100 and 36.4% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in West Newbury costs
$2,380 per month, which is 66.4% more than the national average of
$1,430 and 10.1% more than the state average of
$2,140.
Can I afford West Newbury?
To live comfortably in West Newbury, Massachusetts, a minimum annual income of
$145,800 for a family, and
$78,400 for a single person is recommended.
What does A.I. say about West Newbury?
The cost of living in West Newbury, MA is higher than the US average. This is due to the high quality of life offered by the town. Houses are typically more expensive here as compared to other parts of Massachusetts. According to Zillow, the median home value in West Newbury is $457,400, which is much higher than the national median home value of $217,100. The town also has a fairly high cost of goods and services when compared to other parts of Massachusetts and even the nation. Groceries are more expensive here than elsewhere in Massachusetts, with an overall index score for goods and services at 111.3—higher than both state and national averages. Overall, it's safe to say that West Newbury has a higher cost of living than most other places in Massachusetts and across the country.