Housing costs in South Lancaster?
A typical home costs
$392,000, which is 15.9% more expensive than the national average of
$338,100 and 29.7% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in South Lancaster costs
$2,330 per month, which is 62.9% more than the national average of
$1,430 and 8.2% more than the state average of
$2,140.
Can I afford South Lancaster?
To live comfortably in South Lancaster, Massachusetts, a minimum annual income of
$75,240 for a family, and
$72,000 for a single person is recommended.
What does A.I. say about South Lancaster?
The cost of living in South Lancaster, MA is slightly above the national average. The median home value in South Lancaster is $269,800, and the median household income is $63,434. Despite being higher than the national average, South Lancaster still offers residents a more affordable living than many other areas in Massachusetts. Groceries, transportation and health care costs are all lower than the state average. Additionally, entertainment options such as movie theaters and restaurants are relatively cheap compared to other cities in Massachusetts. Overall, South Lancaster provides residents with an excellent quality of life while also staying within a reasonable budget.