Housing costs in Palmer Town?
A typical home costs
$228,200, which is 32.5% less expensive than the national average of
$338,100 and 59.1% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Palmer Town costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 76.9% cheaper than the state average of
$2,140.
Can I afford Palmer Town?
To live comfortably in Palmer Town, Massachusetts, a minimum annual income of
$43,560 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Palmer Town?
The cost of living in Palmer Town, MA is quite high. The median household income is above the national average at $77,096 and the median home value is $249,200. This makes Palmer Town an attractive place to live for those who can afford it. The ongoing cost of living in Palmer Town is relatively high as well, with the estimated monthly costs including rent, groceries, utilities, transportation and health care coming to about $2,204 for a one person household. Overall, the cost of living in Palmer Town may be higher than other nearby locales but the quality of life offered and the strong sense of community make it worth it for many people.