Housing costs in Worcester?
A typical home costs
$357,000, which is 5.6% more expensive than the national average of
$338,100 and 35.9% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Worcester costs
$1,810 per month, which is 15.4% cheaper than the national average of
$2,140 and 15.5% more than the state average of
$1,530.
Can I afford Worcester?
To live comfortably in Worcester (zip 01604), Massachusetts, a minimum annual income of
$68,400 for a family, and
$55,600 for a single person is recommended.
What does A.I. say about Worcester?
Living in 01604 Worcester, MA can be relatively affordable. The cost of living index for the area is 97.3, which is lower than the national average of 100. It is especially affordable for those who are working in the area, with an average annual salary of $45,760 and a median household income of $44,110. It is also home to some reasonably priced housing options, with a median home value at $200,700 and a median rent at $1,226 per month. Overall, the cost of living in 01604 Worcester, MA is relatively low compared to other cities in Massachusetts and can be quite affordable for people looking to live in this part of New England.