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Cost of Living in Fidelity

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

Rent vs. Buy Affordability Calculator

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

$60,368
$889/mo

Median in area: $889

$167,600

Median in area: $167,600

$33,520

If you Rent

🔑
$1,128 /mo
Base Rent$889
Est. Utilities$239
% of Income22.4%
Pre-tax Residual$3,903

If you Buy

🏠
$1,464 /mo
P&I (6.994%)$891
Taxes & Ins$334
Est. Utilities$239
% of Income29.1%
Pre-tax Residual$3,566

Cost of Living FAQs

Is it cheaper to rent or buy in Fidelity?

Based on median housing data, renting is currently more affordable on a monthly basis in Fidelity. The estimated all-in monthly cost for renting is $1,128, while owning a median-priced home with a 20% down payment is roughly $1,464 per month (a difference of $336).

How much do utilities cost in Fidelity?

The average monthly utility cost (electricity and natural gas) for a typical home in Fidelity is approximately $239. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Fidelity?

To comfortably afford the median rent and utilities in Fidelity without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $45,120 per year.