Housing costs in Swampscott?
A typical home costs
$667,700, which is 97.5% more expensive than the national average of
$338,100 and 19.8% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Swampscott costs
$3,050 per month, which is 113.3% more than the national average of
$1,430 and 29.8% more than the state average of
$2,140.
Can I afford Swampscott?
To live comfortably in Swampscott, Massachusetts, a minimum annual income of
$127,800 for a family, and
$100,000 for a single person is recommended.
What does A.I. say about Swampscott?
The cost of living in Swampscott, MA is very reasonable. The median home price in the town is around $510,000 which is significantly lower than the state average of $522,000. Additionally, housing prices have remained relatively stable over the past few years. Renters will find a variety of affordable options as the median rent for a one-bedroom apartment is around $1,300 per month. Food prices in Swampscott are also quite reasonable compared to other towns and cities in Massachusetts. Residents can also enjoy low utility costs due to mild winters and an abundance of renewable energy sources throughout the town. All things considered, those considering a move to Swampscott will find that it is an economical place to live.