Housing costs in Ocean Grove?
A typical home costs
$249,000, which is 26.4% less expensive than the national average of
$338,100 and 55.3% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Ocean Grove costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 59.7% cheaper than the state average of
$2,140.
Can I afford Ocean Grove?
To live comfortably in Ocean Grove, Massachusetts, a minimum annual income of
$47,880 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Ocean Grove?
The cost of living in Ocean Grove, MA is relatively high compared to the national average. The median home value for homes in the area is $424,900, which is nearly double the national median home value. In addition, the cost of groceries and utilities are higher than the national average. However, Ocean Grove offers a great quality of life with access to beaches, parks and local amenities. Despite the higher cost of living, Ocean Grove continues to be an attractive option for families and retirees looking for a peaceful and safe community by the ocean.