Housing costs in Marblehead?
A typical home costs
$839,600, which is 148.3% more expensive than the national average of
$338,100 and 50.7% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Marblehead costs
$2,500 per month, which is 74.8% more than the national average of
$1,430 and 14.4% more than the state average of
$2,140.
Can I afford Marblehead?
To live comfortably in Marblehead, Massachusetts, a minimum annual income of
$160,920 for a family, and
$82,000 for a single person is recommended.
What does A.I. say about Marblehead?
The cost of living in Marblehead, MA is relatively high compared to other parts of the United States. According to the Council for Community and Economic Research (C2ER), the cost of living in Marblehead is 24 percent higher than the national average. The median home price in Marblehead is $535,000, with taxes accounting for a significant portion of the total cost. Transportation costs are also higher here, with gas prices that can be up to 50 cents higher than nearby towns. Despite these high costs, many people choose to live in Marblehead for its beautiful coastline and historical charm.