Housing costs in Fall River?
A typical home costs
$357,500, which is 5.7% 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 Fall River costs
$1,250 per month, which is 41.6% cheaper than the national average of
$2,140 and 16.8% cheaper than the state average of
$1,460.
Can I afford Fall River?
To live comfortably in Fall River (zip 02720), Massachusetts, a minimum annual income of
$68,400 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Fall River?
The cost of living in 02720 Fall River, MA is relatively low when compared to the rest of Massachusetts. The median home price is $150,000, which is lower than the state average. The median rent for a one bedroom apartment is around $800, while the median rent for a two bedroom apartment is around $1,100. The average price for a gallon of gas is slightly lower than the national average at just under $2.80 per gallon. Overall, Fall River has a lower cost of living compared to much of the state making it an attractive option for those looking to relocate or purchase property.