Housing costs in Shrewsbury?
A typical home costs
$569,500, which is 68.4% more expensive than the national average of
$338,100 and 2.2% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Shrewsbury costs
$2,070 per month, which is 44.8% more than the national average of
$1,430 and 3.4% cheaper than the state average of
$2,140.
Can I afford Shrewsbury?
To live comfortably in Shrewsbury (zip 01545), Massachusetts, a minimum annual income of
$109,080 for a family, and
$64,000 for a single person is recommended.
What does A.I. say about Shrewsbury?
The cost of living in 01545 Shrewsbury, MA is slightly higher than the average cost of living in the United States. The overall cost of housing is 29% higher than the national average and groceries, goods, and services range from 10-20% higher. However, the median income for residents of 01545 Shrewsbury is 42% higher than the national average, meaning that most households can afford to live comfortably in this area. It is also worth noting that a number of nearby cities surrounding Shrewsbury have lower costs of living than the national average, making it an attractive option for those looking to save money while still living well.