Housing costs in Millbury?
A typical home costs
$424,200, which is 25.5% more expensive than the national average of
$338,100 and 23.9% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Millbury costs
$1,630 per month, which is 14.0% more than the national average of
$1,430 and 31.3% cheaper than the state average of
$2,140.
Can I afford Millbury?
To live comfortably in Millbury (zip 01527), Massachusetts, a minimum annual income of
$81,360 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about Millbury?
Living in 01527 Millbury, MA is quite expensive. According to a study published by the Council for Community and Economic Research, the cost of living index in Millbury is 126.2% higher than the national average, making it one of the most expensive places in Massachusetts. This high cost is largely due to housing prices, which are more than double the national average. Other expenses like goods and services, transportation, and utilities are also notably more expensive than other areas in Massachusetts. In general, Millbury residents should expect to pay significantly more for necessary expenses like groceries, fuel costs, and health care.