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Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.
I'd much rather pay $500/mo in rent than $1,000. And I'd rather pay $2 for coffee than $5.
And while every neighbhorhood in Springfield might be more expensive than living in rural Massachusetts, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Springfield neighborhoods where your dollar goes a little further -- you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Springfield are the cheapest.
The Cheapest Neighborhoods In Springfield For 2022
What's the cheapest neighborhood to live in Springfield for 2022? According to the most recent census data, South End looks to be the cheaptest Springfield neighborhood to live in.
At this point we should make it clear that you do get what you pay for -- some of these neighborhoods might not be the best places to live in Springfield. You could be sacrificing location or crime rates in return for more space and cheaper groceries.
Read on to see how we determined the places around Springfield that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Springfield.
Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
For more Massachusetts reading, check out:
- Best Places To Live In Massachusetts
- Cheapest Places To Live In Massachusetts
- Cheapest Cities To Live In America
- Cheapest States To Live In America
The 10 Cheapest Neighborhoods To Live In Springfield For 2022
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Population: 4,304
Cost Of Living Index: 91 (cheapest)
Home Value To Income Ratio: 1.4 (cheapest)
Rent To Income Ratio: 0.03 (12th cheapest)
More on South End: Homes For Sale | Data
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Population: 10,654
Cost Of Living Index: 104 (10th cheapest)
Home Value To Income Ratio: 2.7 (3rd cheapest)
Rent To Income Ratio: 0.015 (3rd cheapest)
More on Pine Point: Homes For Sale | Data
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Population: 10,379
Cost Of Living Index: 106 (15th cheapest)
Home Value To Income Ratio: 2.4 (2nd cheapest)
Rent To Income Ratio: 0.01 (cheapest)
More on East Forest Park: Homes For Sale | Data
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Population: 7,709
Cost Of Living Index: 100 (6th cheapest)
Home Value To Income Ratio: 3.3 (7th cheapest)
Rent To Income Ratio: 0.024 (7th cheapest)
More on Upper Hill: Homes For Sale | Data
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Population: 21,307
Cost Of Living Index: 106 (15th cheapest)
Home Value To Income Ratio: 2.8 (4th cheapest)
Rent To Income Ratio: 0.011 (2nd cheapest)
More on Sixteen Acres: Homes For Sale | Data
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Population: 9,163
Cost Of Living Index: 102 (8th cheapest)
Home Value To Income Ratio: 3.1 (6th cheapest)
Rent To Income Ratio: 0.024 (9th cheapest)
More on Indian Orchard: Homes For Sale | Data
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Population: 5,147
Cost Of Living Index: 102 (8th cheapest)
Home Value To Income Ratio: 4.7 (12th cheapest)
Rent To Income Ratio: 0.022 (5th cheapest)
More on Mcknight: Homes For Sale | Data
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Population: 8,156
Cost Of Living Index: 105 (12th cheapest)
Home Value To Income Ratio: 3.3 (8th cheapest)
Rent To Income Ratio: 0.023 (6th cheapest)
More on East Springfield: Homes For Sale | Data
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Population: 3,989
Cost Of Living Index: 101 (7th cheapest)
Home Value To Income Ratio: 3.0 (5th cheapest)
Rent To Income Ratio: 0.037 (15th cheapest)
More on Old Hill: Homes For Sale | Data
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Population: 27,734
Cost Of Living Index: 107 (17th cheapest)
Home Value To Income Ratio: 3.5 (10th cheapest)
Rent To Income Ratio: 0.021 (4th cheapest)
More on Forest Park: Homes For Sale | Data
Methodology: How We Determined The Cheapest Springfield Hoods In 2022
In order to rank the cheapest places to live in Springfield, we had to determine what criteria defines "cheap".
Using census and extrapolated BLS data, we arrived at the following set of criteria:
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 17 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the "Cheapest City Neighborhood In Springfield." We're lookin' at you, South End.
Read on below to learn more about what it's like to live in the cheapest places Springfield. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.
Summary: Lowest Cost Places To Live In Springfield
If you're measuring the neighborhoods in Springfield where prices are low and it's cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Springfield aren't all cheap. Maple High-Six Corners takes the title of the most expensive neighborhood to live in Springfield.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Massachusetts reading, check out:
- Most Dangerous Cities In Massachusetts
- Richest Cities In Massachusetts
- Safest Places In Massachusetts
- Worst Places To Live In Massachusetts
Detailed List Of The Cheapest Neighborhoods To Live In Springfield For 2022
Rank | Neighborhood | Cost Of Living Index |
---|---|---|
1 | South End | 91 |
2 | Pine Point | 104 |
3 | East Forest Park | 106 |
4 | Upper Hill | 100 |
5 | Sixteen Acres | 106 |
6 | Indian Orchard | 102 |
7 | Mcknight | 102 |
8 | East Springfield | 105 |
9 | Old Hill | 101 |
10 | Forest Park | 107 |
11 | Boston Road | 105 |
12 | Brightwood | 99 |
13 | Memorial Square | 99 |
14 | Metro Center | 95 |
15 | Liberty Heights | 106 |
16 | Bay | 104 |
17 | Maple High-Six Corners | 99 |