Zip 01844 (Methuen Town, MA) Cost of Living


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Methuen Town cost of living score
131.5
More expensive
31.5% higher
than the US average
3.1% higher
than the Massachusetts average
Methuen Town (zip 01844), Massachusetts gets a BestPlaces Cost of Living score of 131.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.5% higher than the U.S. average and 3.1% lower than the average for Massachusetts.

Zip 01844 (Methuen Town, MA)

Housing costs in Methuen Town?
A typical home costs $511,700, which is 51.3% more expensive than the national average of $338,100 and 8.2% less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Methuen Town costs $1,820 per month, which is 15.0% cheaper than the national average of $2,140 and 33.0% cheaper than the state average of $2,420.

Can I afford Methuen Town?
To live comfortably in Methuen Town (zip 01844), Massachusetts, a minimum annual income of $97,920 for a family, and $59,600 for a single person is recommended.

What does A.I. say about Methuen Town?
The cost of living in 01844 Methuen Town, MA is relatively low compared to many other parts of the country. On average, housing prices are quite affordable and the median home price is $253,300. For those looking for rental accommodation, apartment rentals start at around $1,000 per month. Other costs such as groceries and utilities are also fairly reasonable; groceries cost around 3% more than the national average while utilities are just 4% higher than the U.S. average. As a result, 01844 Methuen Town, MA can be an attractive and affordable place to live.
   Cost of living score
     CategoriesMethuen TownMassachusettsUnited States
  131.5127.5100.0
  107.3108.9100
  88.690.2100.0
  159.2175.0100.0
  $511,700$557,300$338,100
  113.4%112.9%100.0%
  98.0107.9100.0
  145.4147.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime