Housing costs in Malden?
A typical home costs
$586,600, which is 73.5% more expensive than the national average of
$338,100 and 5.3% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Malden costs
$2,660 per month, which is 86.0% more than the national average of
$1,430 and 19.5% more than the state average of
$2,140.
Can I afford Malden?
To live comfortably in Malden, Massachusetts, a minimum annual income of
$112,320 for a family, and
$87,600 for a single person is recommended.
What does A.I. say about Malden?
Malden, MA has a cost of living that is significantly higher than the US average. The Cost of Living in Malden, MA is 138.3, compared to the US average of 100. This is likely due to its high median house value which stands at $586,600, whereas the US average house value is $338,100. Despite this high cost of living in Malden, MA it remains an affluent and desirable area to live in with plenty of access to amenities and services that make it worth the price tag.