Housing costs in Swansea?
A typical home costs
$421,500, which is 24.7% more expensive than the national average of
$338,100 and 24.4% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Swansea costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 59.7% cheaper than the state average of
$2,140.
Can I afford Swansea?
To live comfortably in Swansea, Massachusetts, a minimum annual income of
$80,640 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Swansea?
The cost of living in Swansea, MA is significantly lower than the average across the entire United States. According to Best Places, the median home value in Swansea is $242,000, while the median household income is $91,415. This means that housing costs remain relatively low when compared to other areas of Massachusetts and much of the US. Additionally, groceries and utilities are also quite affordable in Swansea. All of these factors make it possible for families or individuals to live comfortably while still keeping their expenses under control.