Housing costs in Monson?
A typical home costs
$312,300, which is 7.6% less expensive than the national average of
$338,100 and 44.0% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Monson costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 98.1% cheaper than the state average of
$2,140.
Can I afford Monson?
To live comfortably in Monson (zip 01057), Massachusetts, a minimum annual income of
$59,760 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Monson?
The cost of living in 01057 Monson, MA is relatively affordable compared to other areas in Massachusetts. The median home value is $176,400 and the median household income is $62,945, making it a great place to settle down. Although housing may be slightly more expensive than surrounding towns, groceries and general goods are reasonably priced. The local tax rate of 6% also helps to keep overall expenses low. All in all, 01057 Monson is an excellent choice for those looking for a peaceful, budget-friendly place to call home.