A Life in an Island Paradise: Why Nantucket MA is Your Next Home

Are you thinking of moving to Nantucket, Massachusetts? You are about to get on an adventure to an island paradise well-known for its beautiful beaches, rich history, and distinctive charm. This charming island, located off the coast of Massachusetts, boasts not just spectacular landscapes but also a thriving local community and a strong sense of heritage. Nantucket is a dream destination, so it is unsurprising that so many people are moving there, be it on vacation or long-term stays. But before you make a move, it is important to know what to expect. Read on to learn everything about living in Nantucket.

How is the Weather?

Nantucket is known as “The Gray Lady” for a reason. Due to the Atlantic Ocean’s influence, the summers are warm, windy, and humid, whereas the winters are pretty cold, wet and windy, resulting in regular fog.

Temperatures normally fluctuate between 26°F and 75°F, rarely falling under 14°F or rising over 81°F. Nantucket receives 23.8 inches of snowfall on average, rendering it one of the least snowy regions in Massachusetts.

Mid-August might offer the finest weather for vacationing. However, most seasoned visitors to Nantucket insist that mid-September is the best time to tour the island because of the lovely weather, off-season discounts, and smaller crowds.

What is the Cost of Living in Nantucket?

The island’s isolation contributes to a cost of living that is 21% more than the rest of the state, mainly because of the additional expense of shipping from the mainland. The average price of a new home on Nantucket is roughly $2.3 million, and there is limited affordable rental housing.

The high number of seasonal rentals distorts the average monthly rent of about $1,700. An apartment that rents for $800 per month in the off-season commands significantly higher rents during the summer. In fact, many homeowners opt to rent out their homes during summer to capitalize on the summer rental market, where a summer cottage can earn anywhere from $120 to $365 per night. If you wish to invest in this market, Nantucket MA real estate agent Bernadette Meyer can help you with everything you need to know.

How is the Job Market in Nantucket?

Nantucket’s biggest employer is the Town of Nantucket, which employs roughly 700 individuals in various industries, including tourism, education, and retail. Other major employers on the island include Nantucket Island Resorts, Stop & Shop, and Nantucket Cottage Hospital. Nantucket is also a hub for entrepreneurs, with over 1,000 self-employed individuals living there.

What are the Best Things to Do in Nantucket?

Nantucket is a natural paradise, with a plethora of outdoor activities ranging from relaxing to adventures. There are many museums, historic buildings, and natural wonders to discover on the island thanks to its distinctive maritime history and designation as a Historic Preservation Site.

That is not to say that the island’s commitment to preserving its natural beauty and quaint charm has kept it from becoming a world-class destination for other exciting attractions. Nantucket has many fine restaurants and eateries, great shopping spots, and a thriving entertainment scene.

Find Homes for Sale in Nantucket Today with Bernadette Meyer

Interested in making Nantucket your new home? Reach out to Bernadette Meyer for expert help in locating the ideal property. With more than 2 decades of experience in the Nantucket real estate market, Bernadette has unparalleled insights into the local housing market and can guide you to a home that is perfect for your family. Whether you need a vacation home or primary residence, make a call to Bernadette Meyer right away!