
Housing costs in Lenox?
A typical home costs
$522,700, which is 54.6% more expensive than the national average of
$338,100 and 6.2% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Lenox costs
$1,520 per month, which is 6.3% more than the national average of
$1,430 and 40.8% cheaper than the state average of
$2,140.
Can I afford Lenox?
To live comfortably in Lenox, Massachusetts, a minimum annual income of
$100,080 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Lenox?
The cost of living in Lenox, MA is higher than the national average, as it is a popular destination for tourists and retirees. The median home value in Lenox is approximately $338,000, which can be expensive compared to other similar towns in the area. However, despite the higher costs of living associated with Lenox, many residents are willing to pay more for its amenities including its beautiful scenery and quaint downtown areas. Renting an apartment also tends to be more expensive here than most locations due to its popularity. That being said, there are still plenty of affordable housing options available for those who may not necessarily have the means to purchase a house or rent an apartment in Lenox.