Housing costs in Burlington?
A typical home costs
$689,100, which is 103.8% more expensive than the national average of
$338,100 and 23.6% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Burlington costs
$3,040 per month, which is 112.6% more than the national average of
$1,430 and 29.6% more than the state average of
$2,140.
Can I afford Burlington?
To live comfortably in Burlington (zip 01803), Massachusetts, a minimum annual income of
$132,120 for a family, and
$100,000 for a single person is recommended.
What does A.I. say about Burlington?
The cost of living in 01803 Burlington, MA is higher than many other areas in the state and the nation. According to a recent report released by SmartAsset, the cost of living index for this zip code is 131.5 (with 100 being the national average). This means that housing costs are 31.5% higher than the national average here, which can make it expensive to live in 01803 Burlington, MA. Groceries also tend to be more expensive here due to its proximity to Boston, with prices usually being around 10% higher than average. Utilities are also slightly above average at 103 compared to the national index of 100. All in all, while living in 01803 Burlington, MA might be more expensive than some other parts of Massachusetts or even the country as a whole, it does offer a wide range of amenities that often justify the additional cost.