Zip 02338 (Halifax, MA) Cost of Living


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How much do I need to live in Halifax, Massachusetts?
$7,560 / month
for a family, 40.0% more expensive than the national average A total of $90,720 for the year for a family.
$5,633 / month
for a single person, 18.2% more expensive than the national average A total of $67,600 for the year for a single person.

Halifax cost of living score
131.3
More expensive
31.3% higher
than the US average
3.0% higher
than the Massachusetts average
Halifax (zip 02338), Massachusetts gets a BestPlaces Cost of Living score of 131.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.3% higher than the U.S. average and 3.0% lower than the average for Massachusetts.

Zip 02338 (Halifax, MA)

Housing costs in Halifax?
A typical home costs $472,800, which is 39.8% more expensive than the national average of $338,100 and 15.2% less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Halifax costs $2,100 per month, which is 46.9% more than the national average of $1,430 and close to the state average of $2,140.

Can I afford Halifax?
To live comfortably in Halifax (zip 02338), Massachusetts, a minimum annual income of $90,720 for a family, and $67,600 for a single person is recommended.

What does A.I. say about Halifax?
The cost of living in 02338 Halifax, MA is relatively affordable compared to the rest of the United States. According to data from BestPlaces, the overall cost of living index for this area is 84.93, which is lower than the national average of 100. Housing costs can vary widely depending on which part of town you live in, but they generally remain below the national average. The median price for a home here is $339,599, which is significantly lower than the national median listing price of $322,000. Utility costs are also relatively low with electricity costing an average of $182.27 per month and natural gas costing around $56.42 per month. In terms of groceries and other goods and services, prices tend to be slightly higher than national averages but remain quite reasonable overall.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHalifaxMassachusettsUnited States
    Unlock127.5100.0
  107.5  Unlock100.0
    Unlock90.2100.0
  153.2  Unlock100.0
    Unlock$557,300$338,100
  106.1  Unlock100.0
    Unlock107.9100.0
  139.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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