Housing costs in Lynn?
A typical home costs
$528,000, which is 56.2% more expensive than the national average of
$338,100 and 5.3% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Lynn costs
$2,210 per month, which is 3.3% more than the national average of
$2,140 and 9.5% cheaper than the state average of
$2,420.
Can I afford Lynn?
To live comfortably in Lynn (zip 01904), Massachusetts, a minimum annual income of
$101,160 for a family, and
$72,800 for a single person is recommended.
What does A.I. say about Lynn?
The cost of living in 01904 Lynn, MA is relatively expensive. The median home price in the city is $346,400, which is around $150,000 higher than the national average and one of the highest in the state. Additionally, the grocery prices are slightly above average for Massachusetts. However, public transportation and utilities remain fairly low compared to most areas of the state. Furthermore, there are many employment opportunities located nearby which helps to offset some of these costs.