Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in Staples

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

← Back to Staples Hub

Rent vs. Buy Affordability Calculator

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

$203,958
$2,712/mo

Median in area: $2,712

$1,249,813

Median in area: $1,249,813

$249,963

If you Rent

$3,099 /mo
Base Rent$2,712
Est. Utilities$387
% of Income18.2%
Pre-tax Residual$13,898

If you Buy

$8,334 /mo
P&I (6.805%)$6,522
Taxes & Ins$1,425
Est. Utilities$387
% of Income49.0%
Pre-tax Residual$8,663

Cost of Living FAQs

Is it cheaper to rent or buy in Staples?›

Based on median housing data, renting is currently more affordable on a monthly basis in Staples. The estimated all-in monthly cost for renting is $3,099, while owning a median-priced home with a 20% down payment is roughly $8,334 per month (a difference of $5,235).

How much do utilities cost in Staples?›

The average monthly utility cost (electricity and natural gas) for a typical home in Staples is approximately $387. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Staples?›

To comfortably afford the median rent and utilities in Staples without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $123,960 per year.