Housing costs in Winchester?
A typical home costs
$1,317,400, which is 289.6% more expensive than the national average of
$338,100 and 136.4% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Winchester costs
$3,070 per month, which is 114.7% more than the national average of
$1,430 and 30.3% more than the state average of
$2,140.
Can I afford Winchester?
To live comfortably in Winchester (zip 01890), Massachusetts, a minimum annual income of
$252,360 for a family, and
$101,200 for a single person is recommended.
What does A.I. say about Winchester?
01890 Winchester, MA is a desirable location with a high cost of living. According to BestPlaces, the cost of living index in 01890 is 175, which is significantly higher than the U.S. average of 100. This means that goods and services are 25% more expensive than the national average. The median home price in Winchester is $1,016,000; this figure has grown steadily over the past few years as demand for housing in this area has increased. Additionally, the median household income in 01890 Winchester is $139,400 which is nearly double the Massachusetts state average of $73,431. This high cost of living reflects an affluent population that can afford to purchase luxury items and services.