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Cost of Living in Amherst Town, MA

Population 38,182 · Census ACS 2020–2024 5-year estimates

Median rent$1,671
Median home value$484,900
Median household income$66,968

The median rent in Amherst Town, MA is $1,671/month, 5% lower than the Massachusetts median and 18% higher than the U.S. median. The median home value is $484,900, 46% higher than the national median. Households earn a median of $66,968 a year, 36% lower than the state median.

Affordability

Rent as a share of median income: 29.9%
Income needed for median rent (30% rule): $66,840/yr
Home price-to-income ratio: 7.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,452/mo

Run your own numbers: mortgage calculator · hourly to salary

Amherst Town vs. Massachusetts vs. U.S.

Amherst TownMassachusettsU.S.
Median rent$1,671$1,762$1,413
Median home value$484,900$562,100$332,700
Median household income$66,968$103,960$80,734
Homeownership rate44.2%62.5%65.2%
Bachelor's degree or higher75.6%47.3%35.7%
Poverty rate23.7%10.0%12.5%
Unemployment rate7.7%5.2%5.2%
Work from home21.0%18.6%15.1%
Median age21.440.038.9

FAQ

What is the average rent in Amherst Town, MA?

The median gross rent in Amherst Town, MA is $1,671 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Amherst Town, MA?

Using the common 30% rule, renting a median-priced home takes about $66,840 a year in gross income.

Is Amherst Town, MA expensive to live in?

Rent there is 18% higher than the U.S. median, and the median home costs about 7.2 times the median household income.

Other cities in Massachusetts

Boston, MARent $2,147 · Income $97,344Worcester, MARent $1,487 · Income $70,102Springfield, MARent $1,144 · Income $52,656Cambridge, MARent $2,787 · Income $130,748Lowell, MARent $1,625 · Income $78,658Brockton, MARent $1,641 · Income $80,115

Cities with a similar cost of living

Lehigh Acres, FLRent $1,657 · Income $66,890Hollywood, FLRent $1,653 · Income $67,203National City, CARent $1,692 · Income $66,841Clearwater, FLRent $1,658 · Income $66,381Homestead, FLRent $1,674 · Income $65,423Foothill Farms, CARent $1,695 · Income $68,260

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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