Zip 01036 (Hampden, MA) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Hampden, Massachusetts?
$5,640 / month
for a family, 4.4% more expensive than the national average A total of $67,680 for the year for a family.
$3,767 / month
for a single person, 21.0% less expensive than the national average A total of $45,200 for the year for a single person.

Hampden cost of living score
96.2
Less expensive
3.8% lower
than the US average
24.5% lower
than the Massachusetts average
Hampden (zip 01036), Massachusetts gets a BestPlaces Cost of Living score of 96.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.8% lower than the U.S. average and 24.5% lower than the average for Massachusetts.

Zip 01036 (Hampden, MA)

Housing costs in Hampden?
A typical home costs $353,400, which is 4.5% more expensive than the national average of $338,100 and 36.6% less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Hampden costs $1,400 per month, which is 2.1% cheaper than the national average of $1,430 and 52.9% cheaper than the state average of $2,140.

Can I afford Hampden?
To live comfortably in Hampden (zip 01036), Massachusetts, a minimum annual income of $67,680 for a family, and $45,200 for a single person is recommended.

What does A.I. say about Hampden?
The cost of living in Hampden, MA (01036) is relatively high compared to the rest of the country. The housing costs are almost double the national average, making it one of the most expensive places to live in Massachusetts. The median home value is around $310,000 and rent for a two-bedroom apartment can range from $1,200 to $2,500 per month. Groceries are also more expensive than average in this area, due to its rural location and lack of major grocery stores nearby. Overall, the cost of living can be quite high compared to other areas in Massachusetts and even other states across the nation.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHampdenMassachusettsUnited States
    Unlock127.5100.0
  107.4  Unlock100.0
    Unlock90.2100.0
  116.8  Unlock100.0
    Unlock$557,300$338,100
  114.0  Unlock100.0
    Unlock107.9100.0
  125.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.