Housing costs in Nahant?
A typical home costs
$842,700, which is 149.2% more expensive than the national average of
$338,100 and 51.2% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Nahant costs
$2,350 per month, which is 64.3% more than the national average of
$1,430 and 8.9% more than the state average of
$2,140.
Can I afford Nahant?
To live comfortably in Nahant (zip 01908), Massachusetts, a minimum annual income of
$161,640 for a family, and
$77,200 for a single person is recommended.
What does A.I. say about Nahant?
The cost of living in 01908 Nahant, MA is high compared to the rest of the United States. According to BestPlaces, the estimated cost of living in Nahant is 28% higher than the national average. Housing is particularly expensive, with an estimated cost that is 81% higher than the country's average. This makes it difficult for many people to afford a home in Nahant without having to stretch their budgets. However, the median household income in Nahant is also significantly higher at $96,342 which means that more money can be spent on things like groceries and other necessities.