Zip 01747 (Hopedale, MA) Cost of Living


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Hopedale cost of living score
111.5
More expensive
11.5% higher
than the US average
12.5% lower
than the Massachusetts average
Hopedale (zip 01747), Massachusetts gets a BestPlaces Cost of Living score of 111.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.5% higher than the U.S. average and 12.5% higher than the average for Massachusetts.

Zip 01747 (Hopedale, MA)

Housing costs in Hopedale?
A typical home costs $445,900, which is 31.9% more expensive than the national average of $338,100 and 20.0% less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Hopedale costs $1,960 per month, which is 37.1% more than the national average of $1,430 and 9.2% cheaper than the state average of $2,140.

Can I afford Hopedale?
To live comfortably in Hopedale (zip 01747), Massachusetts, a minimum annual income of $85,320 for a family, and $60,800 for a single person is recommended.

What does A.I. say about Hopedale?
The cost of living in 01747 Hopedale, MA is quite high. According to BestPlaces, the aggregate cost of living index for Hopedale is 135.29, which is higher than the national average of 100. This means that goods and services are more expensive in Hopedale than they are in other areas across the United States. The median home price is $343,800 according to Zillow, which is well above the national median home price of $219,700. Additionally, utility costs such as electricity and gas come at a premium with rates that are 17% and 20% higher than the national average respectively. Overall, 01747 Hopedale is a great place to live but those considering a move should be aware that it comes with a higher cost of living than most places across America.
   Cost of living score
     CategoriesHopedaleMassachusettsUnited States
  111.5127.5100.0
  106.9108.9100
  90.490.2100.0
  147.2175.0100.0
  $445,900$557,300$338,100
  115.3%112.9%100.0%
  102.9107.9100.0
  135.1147.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime