Housing costs in Worcester?
A typical home costs
$340,400, which is 0.7% more expensive than the national average of
$338,100 and 38.9% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Worcester costs
$1,540 per month, which is 28.0% cheaper than the national average of
$2,140 and close to the state average of
$1,530.
Can I afford Worcester?
To live comfortably in Worcester (zip 01607), Massachusetts, a minimum annual income of
$65,160 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Worcester?
Living in 01607 Worcester, MA is relatively affordable. The median home price is $220,000, which is lower than the US median of $231,000. Rent is also reasonable, with an average monthly rent of $1,400-1,500 for a one-bedroom apartment. The cost of living index in Worcester stands at 97.8 (US average is 100). Grocery and dining out prices are similar to the national average. Additionally, transportation costs are low due to the city's proximity to Boston and nearby highways. In conclusion, 01607 Worcester, MA has a reasonable cost of living that makes it an attractive option for those looking to move into the area.