Housing costs in Norfolk?
A typical home costs
$658,100, which is 94.6% more expensive than the national average of
$338,100 and 18.1% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Norfolk costs
$2,610 per month, which is 82.5% more than the national average of
$1,430 and 18.0% more than the state average of
$2,140.
Can I afford Norfolk?
To live comfortably in Norfolk Massachuse County, Massachusetts, a minimum annual income of
$126,000 for a family, and
$86,800 for a single person is recommended.
What does A.I. say about Norfolk?
The cost of living in Norfolk, MA County is significantly higher than the national average. According to data from the US Census Bureau, the median house value in Norfolk County is $658100 compared to the national median house value of $338100. Additionally, the cost of living index for Norfolk County is 143.4 while the index for the US as a whole is 100. This means that goods and services in Norfolk are 43.4% more expensive than the national average. Despite this higher cost of living, many people still choose to live in this county due to its proximity to Boston and access to other amenities not found in other parts of Massachusetts.