Housing costs in Lynn?
A typical home costs
$433,100, which is 28.1% more expensive than the national average of
$338,100 and 22.3% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Lynn costs
$2,230 per month, which is 4.2% more than the national average of
$2,140 and 8.5% cheaper than the state average of
$2,420.
Can I afford Lynn?
To live comfortably in Lynn (zip 01902), Massachusetts, a minimum annual income of
$83,160 for a family, and
$73,200 for a single person is recommended.
What does A.I. say about Lynn?
Living in 01902 Lynn, MA is relatively affordable compared to other cities in the state. The median household income is $52,674 according to the BestPlaces Bureau, and the median home cost is around $302,300. The overall cost of living in Lynn is about 4% higher than the national average, but this can vary significantly depending on housing costs and other factors. Additionally, there are plenty of activities within a close proximity to the city that makes it an ideal place for those looking for more affordable living options while still having access to numerous amenities.