Housing costs in Fall River?
A typical home costs
$360,700, which is 6.7% more expensive than the national average of
$338,100 and 35.3% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Fall River costs
$1,160 per month, which is 45.8% cheaper than the national average of
$2,140 and 25.9% cheaper than the state average of
$1,460.
Can I afford Fall River?
To live comfortably in Fall River (zip 02723), Massachusetts, a minimum annual income of
$69,120 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Fall River?
The cost of living in 02723 Fall River, MA is quite reasonable. Goods and services are generally low-priced compared to other areas in the northeast. The median home value for the area is $175,000, which is well below the national average of $212,000. Rent for a one-bedroom apartment averages around $900 per month and utilities range from $66-$133 depending on usage. Groceries and other essentials are also quite affordable, with gas prices averaging around $2.30 per gallon. In general, 02723 Fall River, MA is an affordable place to live and provides plenty of opportunities for its residents.