Cambridge, MA Cost Of Living

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Updated: 2020-03-08
172
Cambridge's Overall Cost Of Living
1.7x
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Cambridge is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Cambridge, MA?

According to the most recent data on the cost of living, Cambridge has an overall cost of living index of 172 which is 1.7x higher than the national index of 100.

Compared to only Massachusetts, Cambridge has a cost of living index that's 1.3x higher than Massachusetts's index of 131.

The standard of living in Cambridge ranks as #6148 most affordable out of the 6522 places we measured in Massachusetts. By definition, that implies Cambridge ranks as the #259 most expensive place in the Bay State.

Cambridge Cost Of Living Vs. Massachusetts

Living Expense Cambridge Massachusetts National Average
Overall 172 131 100
Services 130 122 100
Groceries 108 109 100
Health 118 121 100
Housing 294 165 100
Transportation 111 107 100
Utilities 115 114 100
For more reading on cost of living around Massachusetts, check out:
Cambridge Cost of Living Vs. MA

Cambridge, MA Housing Cost Breakdown

Housing swings affordability the most between places in Massachusetts, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$719,300
Median Home Value
$2,071
Median Rent
$95,404
Median Income
Statistic Cambridge Massachusetts United States
Median Home Value $719,300 $366,800 $204,900
Median Rent $2,071 $1,225 $1,023
Median Income $95,404 $77,378 $60,293
Home Value To Income 7.5x 4.7x 3.4x
Rent To Monthly Income 0.26x 0.19x 0.2x

Cambridge SnackAbility

9
/10
Overall SnackAbility
Jobs
8.5/10
Housing
10
Affordability
3
Diversity
9
Safety
6
Amenities
10
Education
9.5
Commute
6

Cost Of Living In Cities Around Cambridge

City Population Cost Of Living Vs. Cambridge
Newton, MA 88,660 190 1.1x
Somerville, MA 80,434 158 0.9x
Malden, MA 61,094 135 0.8x
Brookline, MA 59,234 189 1.1x
Medford, MA 57,771 146 0.8x
Everett, MA 45,856 135 0.8x
Arlington, MA 45,147 160 0.9x
Chelsea, MA 39,852 127 0.7x
Lexington, MA 33,480 189 1.1x
Needham, MA 30,735 181 1.1x

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