Lenox, MA Cost of Living


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Lenox cost of living score
95.9
Less expensive
4.1% lower
than the US average
24.8% lower
than the Massachusetts average
Lenox, Massachusetts gets a BestPlaces Cost of Living score of 95.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.1% lower than the U.S. average and 24.8% lower than the average for Massachusetts.

Lenox, MA

Housing costs in Lenox?
A typical home costs $522,700, which is 54.6% more expensive than the national average of $338,100 and 6.2% less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Lenox costs $1,520 per month, which is 6.3% more than the national average of $1,430 and 40.8% cheaper than the state average of $2,140.

Can I afford Lenox?
To live comfortably in Lenox, Massachusetts, a minimum annual income of $100,080 for a family, and $46,800 for a single person is recommended.

What does A.I. say about Lenox?
The cost of living in Lenox, MA is higher than the national average, as it is a popular destination for tourists and retirees. The median home value in Lenox is approximately $338,000, which can be expensive compared to other similar towns in the area. However, despite the higher costs of living associated with Lenox, many residents are willing to pay more for its amenities including its beautiful scenery and quaint downtown areas. Renting an apartment also tends to be more expensive here than most locations due to its popularity. That being said, there are still plenty of affordable housing options available for those who may not necessarily have the means to purchase a house or rent an apartment in Lenox.
   Cost of living score
     CategoriesLenoxMassachusettsUnited States
  95.9127.5100.0
  107.2108.9100
  100.490.2100.0
  148.9175.0100.0
  $522,700$557,300$338,100
  113.6%112.9%100.0%
  74.4107.9100.0
  117.5147.9100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Lenox
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Over 6 years ago

Lenox, MA sounlds like a great place to live: low crime, beautiful scenery and affordable rents! I plan to move there as soon as I  More

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Over 6 years ago

Lenox sounds like a great place to live: low crime, beautiful scenery and affordable rents! I plan on moving there as soon as I  More

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