Housing costs in Lakeville?
A typical home costs
$553,000, which is 63.6% more expensive than the national average of
$338,100 and 0.8% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Lakeville costs
$2,110 per month, which is 47.6% more than the national average of
$1,430 and close to the state average of
$2,140.
Can I afford Lakeville?
To live comfortably in Lakeville, Massachusetts, a minimum annual income of
$105,840 for a family, and
$67,600 for a single person is recommended.
What does A.I. say about Lakeville?
The cost of living in Lakeville, MA is relatively high compared to other towns in the state. The median home value is $402,000 and the median rent is $1,500, both of which are significantly higher than the Massachusetts averages. Groceries, health care, and utilities are also slightly more expensive than average. However, the town is well-serviced by public transportation with Boston only a short drive away. All things considered, Lakeville offers its residents an excellent quality of life despite its slightly elevated living costs.