Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in Mascot

Is it better to rent or buy in Mascot? 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.

$58,150
$735/mo

Median in area: $735

$224,945

Median in area: $224,945

$44,989

If you Rent

$894 /mo
Base Rent$735
Est. Utilities$159
% of Income18.4%
Pre-tax Residual$3,952

If you Buy

$1,501 /mo
P&I (7%)$1,197
Taxes & Ins$145
Est. Utilities$159
% of Income31.0%
Pre-tax Residual$3,345

Cost of Living FAQs

Is it cheaper to rent or buy in Mascot?

Based on median housing data, renting is currently more affordable on a monthly basis in Mascot. The estimated all-in monthly cost for renting is $894, while owning a median-priced home with a 20% down payment is roughly $1,501 per month (a difference of $607).

How much do utilities cost in Mascot?

The average monthly utility cost (electricity and natural gas) for a typical home in Mascot is approximately $159. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Mascot?

To comfortably afford the median rent and utilities in Mascot without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $35,760 per year.