Zip 01550 (Southbridge Town, MA) Cost of Living


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Southbridge Town cost of living score
111.5
More expensive
11.5% higher
than the US average
12.5% lower
than the Massachusetts average
Southbridge Town (zip 01550), Massachusetts gets a BestPlaces Cost of Living score of 111.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.5% higher than the U.S. average and 12.5% higher than the average for Massachusetts.

Zip 01550 (Southbridge Town, MA)

Housing costs in Southbridge Town?
A typical home costs $300,300, which is 11.2% less expensive than the national average of $338,100 and 46.1% less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Southbridge Town costs $1,340 per month, which is 37.4% cheaper than the national average of $2,140 and 14.2% cheaper than the state average of $1,530.

Can I afford Southbridge Town?
To live comfortably in Southbridge Town (zip 01550), Massachusetts, a minimum annual income of $57,600 for a family, and $41,200 for a single person is recommended.

What does A.I. say about Southbridge Town?
The cost of living in 01550 Southbridge Town, MA is relatively low compared to most other cities located in Massachusetts. This is largely due to the fact that the median income for residents of the town is just slightly above the national average. In addition, the housing market in Southbridge Town offers a wide range of options with many homes being more affordable than some larger cities nearby. Groceries, entertainment and restaurants also offer great deals as there are various discount stores and local establishments across town. All of these factors make living in 01550 Southbridge a great choice for those looking to save money while still enjoying all that Massachusetts has to offer.
   Cost of living score
     CategoriesSouthbridge TownMassachusettsUnited States
  111.5127.5100.0
  104.3108.9100
  96.190.2100.0
  96.7175.0100.0
  $300,300$557,300$338,100
  112.2%112.9%100.0%
  91.8107.9100.0
  135.1147.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime