Housing costs in Hingham?
A typical home costs
$1,024,400, which is 203.0% more expensive than the national average of
$338,100 and 83.8% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Hingham costs
$2,750 per month, which is 92.3% more than the national average of
$1,430 and 22.2% more than the state average of
$2,140.
Can I afford Hingham?
To live comfortably in Hingham (zip 02043), Massachusetts, a minimum annual income of
$196,200 for a family, and
$88,400 for a single person is recommended.
What does A.I. say about Hingham?
The cost of living in 02043 Hingham, MA is fairly high. The average home price is around $500,000 and the median household income is around $94,800. Renters can expect to pay an average of $2,500 per month for a two-bedroom apartment. Groceries, transportation costs, and other expenses can also be slightly higher than in other parts of the country. There are shopping and dining options available to suit every budget but residents should plan ahead if they want to save money on basic living expenses.