Housing costs in Springfield?
A typical home costs
$255,700, which is 24.4% less expensive than the national average of
$338,100 and 54.1% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Springfield costs
$1,370 per month, which is 36.0% cheaper than the national average of
$2,140 and 10.2% more than the state average of
$1,230.
Can I afford Springfield?
To live comfortably in Springfield (zip 01129), Massachusetts, a minimum annual income of
$48,960 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Springfield?
The cost of living in 01129 Springfield, MA is quite reasonable. The median home price sits at around $133,500, a figure much lower than the national average. Renting an apartment in Springfield is also quite affordable with the median rent coming in at $1,079. The area’s restaurant prices are also very competitive and generally come in below the national average. Additionally, utility costs are also low compared to other parts of the country. All in all, 01129 Springfield, MA offers a relatively affordable cost of living that makes it an attractive destination for those looking to save money.