Housing costs in Wellesley?
A typical home costs
$1,853,500, which is 448.2% more expensive than the national average of
$338,100 and 232.6% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Wellesley costs
$3,860 per month, which is 169.9% more than the national average of
$1,430 and 44.6% more than the state average of
$2,140.
Can I afford Wellesley?
To live comfortably in Wellesley (zip 02481), Massachusetts, a minimum annual income of
$355,320 for a family, and
$128,400 for a single person is recommended.
What does A.I. say about Wellesley?
Living in 02481 Wellesley, MA can be expensive. The median home value in the area is currently over $1 million, and rental prices are very high as well. For those looking to purchase a home, they should expect to pay anywhere from one to two million dollars for a single family home. Additionally, groceries and other necessities tend to be higher than average due to the higher cost of living in the area. Despite these high costs, Wellesley is an incredibly desirable place to live with its top-notch schools, vibrant downtown area, and many parks and natural areas nearby.