Cost of living in Agawam Town research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Agawam Town is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Massachusetts, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Agawam Town is 114, with 100 being the average.
The cost of living index in Agawam Town is 1.1x higher than the national average.
Agawam Town ranks as the #18 cheapest in Massachusetts out of 113.
Agawam Town ranks as the #4,427 cheapest out of 6,412 in the US.
The median home value in Agawam Town is $248,800.
The median income in Agawam Town is $78,619.
According to the most recent data on the cost of living, Agawam Town has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Massachusetts, Agawam Town has a cost of living index that's 0.8x lower than Massachusetts's index of 143.
The standard of living in Agawam Town ranks as #18 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Agawam Town ranks as the #95 most expensive place in the Bay State.
For more reading on life in Agawam Town, check out:
Six factors go into calculating the cost of living index in Agawam Town. Here is how it fairs on each of the criteria:
The Services index in Agawam Town is 117.
The Groceries index in Agawam Town is 106.
The Health index in Agawam Town is 109.
The Housing index in Agawam Town is 114.
The Transportation index in Agawam Town is 108.
The Utilities index in Agawam Town is 122.
|Living Expense||Agawam Town||Massachusetts||National Average|
Housing swings affordability the most between places in Massachusetts, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Agawam Town is $248,800.
The Median Rent in Agawam Town is $1,173.
The Median Income in Agawam Town is $78,619.
The Home Value To Income in Agawam Town is 3.2x.
The Rent To Monthly Income in Agawam Town is 0.18x.
|Statistic||Agawam Town||Massachusetts||United States|
|Median Home Value||$248,800||$424,700||$244,900|
|Home Value To Income||3.2x||4.8x||3.5x|
|Rent To Monthly Income||0.18x||0.19x||0.2x|