Housing costs in Essex CDP?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Essex CDP costs
$2,210 per month, which is 54.5% more than the national average of
$1,430 and 3.2% more than the state average of
$2,140.
Can I afford Essex CDP?
To live comfortably in Essex CDP, Massachusetts, a minimum annual income of
$124,920 for a family, and
$72,800 for a single person is recommended.
What does A.I. say about Essex CDP?
The cost of living in Essex CDP, MA is higher than the national average. According to the US Cost of Living Index, the average cost of living in this area is 137.7, which is 37.7% higher than the US average. This means basic goods and services tend to be more expensive here than in other areas of the country. However, despite this rise in cost of living, the median house value in Essex CDP is significantly lower than the national average at $264,900 - a difference of nearly 25%.