Housing costs in Leominster?
A typical home costs
$377,200, which is 11.6% more expensive than the national average of
$338,100 and 32.3% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Leominster costs
$1,450 per month, which is 32.2% cheaper than the national average of
$2,140 and 5.5% cheaper than the state average of
$1,530.
Can I afford Leominster?
To live comfortably in Leominster (zip 01453), Massachusetts, a minimum annual income of
$72,360 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Leominster?
The cost of living in 01453 Leominster, MA is generally considered to be quite affordable. According to Best Places, the median home price in this area is $227,500 and the median household income is around $60,619. Food prices are slightly higher than the national average, but overall living expenses are fairly low. Renters can find good housing options throughout the city at very reasonable prices. The local economy is strong and diverse, providing plenty of opportunity for employment. The overall cost of living in Leominster is relatively low compared to other cities in Massachusetts and across the country.