Housing costs in Manchester?
A typical home costs
$1,136,800, which is 236.2% more expensive than the national average of
$338,100 and 104.0% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Manchester costs
$2,260 per month, which is 58.0% more than the national average of
$1,430 and 5.3% more than the state average of
$2,140.
Can I afford Manchester?
To live comfortably in Manchester (zip 01944), Massachusetts, a minimum annual income of
$217,800 for a family, and
$74,400 for a single person is recommended.
What does A.I. say about Manchester?
Manchester, MA 01944 has a relatively high cost of living. The median home value in the area is $659,500, which is considerably more expensive than the national median of $219,700. Additionally, Manchester's housing prices are about 32% higher than the Massachusetts average. The cost of groceries and healthcare are also higher than average. The average price for a gallon of gas in Manchester is approximately 10% higher than the state average. Utilities also tend to be on the pricier side in Manchester compared to other areas in Massachusetts. All in all, living in 01944 Manchester can be pricey but many find it a desirable location due to its proximity to downtown Boston and the beautiful beaches along Cape Ann.