Zip 01864 (North Reading, MA) Cost of Living


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North Reading cost of living score
144.7
More expensive
44.7% higher
than the US average
13.5% higher
than the Massachusetts average
North Reading (zip 01864), Massachusetts gets a BestPlaces Cost of Living score of 144.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 44.7% higher than the U.S. average and 13.5% lower than the average for Massachusetts.

Zip 01864 (North Reading, MA)

Housing costs in North Reading?
A typical home costs $692,100, which is 104.7% more expensive than the national average of $338,100 and 24.2% more expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in North Reading costs $2,430 per month, which is 69.9% more than the national average of $1,430 and 11.9% more than the state average of $2,140.

Can I afford North Reading?
To live comfortably in North Reading (zip 01864), Massachusetts, a minimum annual income of $132,480 for a family, and $80,000 for a single person is recommended.

What does A.I. say about North Reading?
The cost of living in 01864 North Reading, MA is quite affordable. The average home price in the area is around $310,000 which is well below the national average. The unemployment rate is also low at only 3.7%, making it a great place to find work and live comfortably. The overall cost of living in 01864 North Reading, MA may be slightly higher than other areas of Massachusetts but for those who are looking to move to an affordable metropolitan area it is an ideal place to settle down. With plenty of restaurants, shopping centers, and entertainment venues nearby, it’s easy to find something to do without having to break the bank.
   Cost of living score
     CategoriesNorth ReadingMassachusettsUnited States
  144.7127.5100.0
  111.2108.9100
  88.190.2100.0
  234.2175.0100.0
  $692,100$557,300$338,100
  107.4%112.9%100.0%
  107.7107.9100.0
  175.3147.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime