Housing costs in Winthrop Town?
A typical home costs
$598,900, which is 77.1% more expensive than the national average of
$338,100 and 7.5% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Winthrop Town costs
$2,230 per month, which is 55.9% more than the national average of
$1,430 and 4.0% more than the state average of
$2,140.
Can I afford Winthrop Town?
To live comfortably in Winthrop Town, Massachusetts, a minimum annual income of
$114,840 for a family, and
$74,400 for a single person is recommended.
What does A.I. say about Winthrop Town?
The cost of living in Winthrop Town, MA is relatively high compared to other cities and towns in the state. In 2019, the cost of living index for Winthrop Town was recorded at 127.7, which is 27.7% higher than the national average. The median home value in Winthrop Town is approximately $460,000 and rental rates are around $1,700 per month on average. Utilities are also quite expensive, costing an average of $214 a month for basic services like electricity and water. Despite these somewhat high costs, many residents still choose to live in Winthrop Town due to its excellent schools, beautiful beaches, and close proximity to Boston.