Housing costs in Amherst Center?
A typical home costs
$418,100, which is 23.7% more expensive than the national average of
$338,100 and 25.0% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Amherst Center costs
$1,580 per month, which is 10.5% more than the national average of
$1,430 and 35.4% cheaper than the state average of
$2,140.
Can I afford Amherst Center?
To live comfortably in Amherst Center (zip 01003), Massachusetts, a minimum annual income of
$80,280 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Amherst Center?
Living in 01003 Amherst Center, MA can be quite expensive. The median home cost is $326,500, which is significantly higher than the state average of $277,000. Additionally, the cost of living index for the area is 108.2, which is 8.2% higher than the U.S. average. As far as groceries and utilities are concerned, residents can expect to pay 15% more than the national average. Property taxes are also high, with an effective rate of 6.9%. All in all, 01003 Amherst Center is a great place to live but it does come with a hefty price tag.