Zip 01079 (Palmer Town, MA) Cost of Living


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How much do I need to live in Palmer Town, Massachusetts?
$5,010 / month
for a family, 7.2% less expensive than the national average A total of $60,120 for the year for a family.
$4,833 / month
for a single person, 1.4% more expensive than the national average A total of $58,000 for the year for a single person.

Palmer Town cost of living score
96.2
Less expensive
3.8% lower
than the US average
24.5% lower
than the Massachusetts average
Palmer Town (zip 01079), Massachusetts gets a BestPlaces Cost of Living score of 96.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.8% lower than the U.S. average and 24.5% lower than the average for Massachusetts.

Zip 01079 (Palmer Town, MA)

Housing costs in Palmer Town?
A typical home costs $314,300, which is 7.0% less expensive than the national average of $338,100 and 43.6% less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Palmer Town costs $1,800 per month, which is 15.9% cheaper than the national average of $2,140 and 31.7% more than the state average of $1,230.

Can I afford Palmer Town?
To live comfortably in Palmer Town (zip 01079), Massachusetts, a minimum annual income of $60,120 for a family, and $58,000 for a single person is recommended.

What does A.I. say about Palmer Town?
The cost of living in 01079 Palmer Town, MA is generally higher than the national average. Housing costs tend to be especially high, with a median home value of $234,700 and a median rent of $1,092 per month. Grocery costs are also higher than average in this area, while utilities are slightly lower than the national average. Healthcare expenses can vary widely depending on your insurance coverage; however, most residents report that healthcare services are generally affordable and accessible. Transportation costs can be above average due to the lack of public transportation options, but most residents find that owning a car is typically necessary.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPalmer TownMassachusettsUnited States
    Unlock127.5100.0
  104.8  Unlock100.0
    Unlock90.2100.0
  79.8  Unlock100.0
    Unlock$557,300$338,100
  114.1  Unlock100.0
    Unlock107.9100.0
  125.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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