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Cost of Living in ZIP 02721

Is it better to rent or buy in ZIP 02721? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$59,284
$1,159/mo

Median in area: $1,159

$407,589

Median in area: $407,589

$81,518

If you Rent

$1,329 /mo
Base Rent$1,159
Est. Utilities$170
% of Income26.9%
Pre-tax Residual$3,611

If you Buy

$2,746 /mo
P&I (6.867%)$2,140
Taxes & Ins$436
Est. Utilities$170
% of Income55.6%
Pre-tax Residual$2,194

Compare Nearby Areas

See how ZIP 02721 stacks up against neighboring areas.

ZIP02724
$1,143/mo
ZIP02720
$1,273/mo
ZIP02723
$1,156/mo
ZIP02722
$911/mo

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 02721?›

Based on median housing data, renting is currently more affordable on a monthly basis in ZIP 02721. The estimated all-in monthly cost for renting is $1,329, while owning a median-priced home with a 20% down payment is roughly $2,746 per month (a difference of $1,417).

How much do utilities cost in ZIP 02721?›

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 02721 is approximately $170. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 02721?›

To comfortably afford the median rent and utilities in ZIP 02721 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $53,160 per year.