Housing costs in New Marlborough?
A typical home costs
$524,000, which is 55.0% more expensive than the national average of
$338,100 and 6.0% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in New Marlborough costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 38.1% cheaper than the state average of
$2,140.
Can I afford New Marlborough?
To live comfortably in New Marlborough, Massachusetts, a minimum annual income of
$100,440 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about New Marlborough?
New Marlborough, MA is known for its high quality of life and expensive cost of living. The cost of living index in New Marlborough is 133.6, which is 33.6 points higher than the U.S. average of 100 points. Housing costs are particularly high as the median home value is $347,300 and the median rent price is $1,265 per month. Additionally, goods and services can be more expensive in New Marlborough due to luxury taxes and sales taxes that most other cities don't have. Despite these higher costs, many people choose to live in New Marlborough because of its exceptional schools, parks and other amenities it offers residents.