Housing costs in Newbury?
A typical home costs
$769,300, which is 127.5% more expensive than the national average of
$338,100 and 38.0% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Newbury costs
$2,210 per month, which is 54.5% more than the national average of
$1,430 and 3.2% more than the state average of
$2,140.
Can I afford Newbury?
To live comfortably in Newbury, Massachusetts, a minimum annual income of
$147,240 for a family, and
$72,400 for a single person is recommended.
What does A.I. say about Newbury?
The cost of living in Newbury, MA is considered to be higher than the national average. The median home value in Newbury is $584,554, which is much higher than the national median home value of $231,200. Additionally, the average rental price in Newbury is around $2,563 per month, while the national average for a rental is around $1,651 per month. Despite these higher costs of living, there are many benefits that come with living in Newbury—including access to excellent schools and great nearby amenities.