Housing costs in Monson?
A typical home costs
$325,000, which is 3.9% less expensive than the national average of
$338,100 and 41.7% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Monson costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 105.8% cheaper than the state average of
$2,140.
Can I afford Monson?
To live comfortably in Monson, Massachusetts, a minimum annual income of
$62,280 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Monson?
The cost of living in Monson, MA is quite reasonable. The median home value is around $224,000 and the median household income is approximately $70,400. Renters can find decent housing for about $1,200 per month. Food prices are in line with most of the country, and utilities are slightly below average. Although taxes are a bit higher than some other areas in Massachusetts, overall the cost of living in Monson remains relatively low compared to the rest of the state.