
Housing costs in Lenox?
A typical home costs
$510,800, which is 51.1% more expensive than the national average of
$338,100 and 8.3% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Lenox costs
$1,470 per month, which is 2.8% more than the national average of
$1,430 and 45.6% cheaper than the state average of
$2,140.
Can I afford Lenox?
To live comfortably in Lenox (zip 01240), Massachusetts, a minimum annual income of
$97,920 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Lenox?
The cost of living in 01240 Lenox, MA is relatively high compared to other parts of the state. Home prices here are significantly higher than the national average, with a median home price of over $500,000. Rent is also high, averaging more than $1900 per month for a one bedroom apartment. Groceries and other staples are also expensive in Lenox, as is dining out and entertainment. Taxes are also on the higher side here, with an overall tax rate averaging 10%. Despite the higher costs of living in Lenox, MA it still remains an attractive place to live due to its beautiful scenery and close proximity to cultural attractions such as Tanglewood and The Mount.