Housing costs in Longmeadow?
A typical home costs
$432,300, which is 27.9% more expensive than the national average of
$338,100 and 22.4% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Longmeadow costs
$1,870 per month, which is 30.8% more than the national average of
$1,430 and 14.4% cheaper than the state average of
$2,140.
Can I afford Longmeadow?
To live comfortably in Longmeadow (zip 01106), Massachusetts, a minimum annual income of
$82,800 for a family, and
$60,400 for a single person is recommended.
What does A.I. say about Longmeadow?
The cost of living in 01106 Longmeadow, MA is quite high compared to the national average. According to BestPlaces.net, the cost of living index in Longmeadow is 118.6 which is 18.6% higher than the US average. Rent prices have gone up significantly in recent years, with a one bedroom apartment averaging $1,163 a month and a two bedroom averaging $1,277 monthly. Goods and services also tend to be higher here than elsewhere due to the area's popularity as a wealthy suburb of Springfield, Massachusetts. The median home price is around $440,000 which is much higher than surrounding areas and far outstrips the median household income of only $80,799 per year.