Zip 01056 (Ludlow, MA) Cost of Living


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How much do I need to live in Ludlow, Massachusetts?
$4,830 / month
for a family, 10.6% less expensive than the national average A total of $57,960 for the year for a family.
$3,400 / month
for a single person, 28.7% less expensive than the national average A total of $40,800 for the year for a single person.

Ludlow cost of living score
96.2
Less expensive
3.8% lower
than the US average
24.5% lower
than the Massachusetts average
Ludlow (zip 01056), Massachusetts gets a BestPlaces Cost of Living score of 96.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.8% lower than the U.S. average and 24.5% lower than the average for Massachusetts.

Zip 01056 (Ludlow, MA)

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.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLudlowMassachusettsUnited States
    Unlock127.5100.0
  105.7  Unlock100.0
    Unlock90.2100.0
  95.4  Unlock100.0
    Unlock$557,300$338,100
  106.6  Unlock100.0
    Unlock107.9100.0
  125.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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