Housing costs in Medway?
A typical home costs
$582,000, which is 72.1% more expensive than the national average of
$338,100 and 4.4% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Medway costs
$2,170 per month, which is 51.7% more than the national average of
$1,430 and close to the state average of
$2,140.
Can I afford Medway?
To live comfortably in Medway, Massachusetts, a minimum annual income of
$111,600 for a family, and
$72,000 for a single person is recommended.
What does A.I. say about Medway?
Medway, MA is a relatively affordable place to live compared to other towns in the area. The median home cost in Medway is $420,000, which is lower than the average price for Massachusetts homes. Additionally, there is no sales tax on items purchased in Medway, making it an attractive option when budgeting for living expenses. For renters looking for a more affordable option, the median rent in Medway comes out to just over $1,700 per month. Overall, the cost of living in Medway is much lower than nearby cities, making it a great option for those who want to enjoy all that Massachusetts has to offer without breaking the bank.