Zip 01524 (Leicester, MA) Cost of Living


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How much do I need to live in Leicester, Massachusetts?
$6,060 / month
for a family, 12.2% more expensive than the national average A total of $72,720 for the year for a family.
$3,500 / month
for a single person, 26.6% less expensive than the national average A total of $42,000 for the year for a single person.

Leicester cost of living score
111.5
More expensive
11.5% higher
than the US average
12.5% lower
than the Massachusetts average
Leicester (zip 01524), 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 01524 (Leicester, MA)

Housing costs in Leicester?
A typical home costs $379,200, which is 12.2% more expensive than the national average of $338,100 and 32.0% less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Leicester costs $1,360 per month, which is 4.9% cheaper than the national average of $1,430 and 57.4% cheaper than the state average of $2,140.

Can I afford Leicester?
To live comfortably in Leicester (zip 01524), Massachusetts, a minimum annual income of $72,720 for a family, and $42,000 for a single person is recommended.

What does A.I. say about Leicester?
The cost of living in 01524 Leicester, MA is quite affordable compared to other areas in the country. The median home price in the city is around $236,000, which is quite a bit lower than the national average of $288,000. Additionally, the sales tax rate in Leicester is 6%, which is also lower than most cities across the US. Utility costs are also reasonable and food prices are comparable with grocery stores found throughout Massachusetts. Overall, living in Leicester can be an affordable option for those looking for an area with plenty of amenities and access to local attractions such as hiking trails and lakes.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLeicesterMassachusettsUnited States
    Unlock127.5100.0
  105.7  Unlock100.0
    Unlock90.2100.0
  120.6  Unlock100.0
    Unlock$557,300$338,100
  108.7  Unlock100.0
    Unlock107.9100.0
  135.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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