Housing costs in New Bedford?
A typical home costs
$371,700, which is 9.9% more expensive than the national average of
$338,100 and 33.3% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in New Bedford costs
$1,250 per month, which is 12.6% cheaper than the national average of
$1,430 and 71.2% cheaper than the state average of
$2,140.
Can I afford New Bedford?
To live comfortably in New Bedford, Massachusetts, a minimum annual income of
$71,280 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about New Bedford?
New Bedford provides you with an attractive option for cost-effective living positioned somewhere within Massachusetts’ Bristol County boasting median housing values arriving close to $200K and renting often lands near by approximately half that amount as standard - greatly cheaper compared to ocean side places like Nantucket or Martha's Vineyard located much further southeastward. Groceries similarly remain completely equal with United States figures thanks largely to local taxes & regulations while sales tax amounts out unaltered at no less than 6.25%.