Housing costs in Ludlow?
A typical home costs
$303,200, which is 10.3% less expensive than the national average of
$338,100 and 45.6% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Ludlow costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 69.8% cheaper than the state average of
$2,140.
Can I afford Ludlow?
To live comfortably in Ludlow (zip 01056), Massachusetts, a minimum annual income of
$57,960 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Ludlow?
The cost of living in 01056 Ludlow, MA is slightly higher than the national average. The median home value in Ludlow is approximately $205,000, which is about 8% higher than the national average. The median household income in Ludlow is around $63,500, which is also higher than the national average. Groceries and utilities tend to be more expensive as well. Overall, while living in Ludlow tends to be a bit pricier than other places in Massachusetts, it’s still much cheaper compared to living in bigger cities like Boston or Cambridge.