Cochituate, MA Cost Of Living
Cost Of Living In Cochituate, MA Summary
Cost of living in Cochituate 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 Cochituate 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 Cochituate is 191, with 100 being the average.
The cost of living index in Cochituate is 1.9x higher than the national average.
Cochituate ranks as the #102 cheapest in Massachusetts out of 112.
Cochituate ranks as the #6,266 cheapest out of 6,489 in the US.
The median home value in Cochituate is $1,064,164.
The median income in Cochituate is $190,938.
Table Of Contents
Cochituate's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Cochituate, MA?
According to the most recent data on the cost of living, Cochituate has an overall cost of living index of 191, which is 1.9x higher than the national index of 100.
Compared to Massachusetts, Cochituate has a cost of living index that's 1.4x higher than Massachusetts's index of 134.
The standard of living in Cochituate ranks as #102 most affordable out of the 112 places we measured in Massachusetts. By definition, that implies Cochituate ranks as the #10 most expensive place in the Bay State.
For more reading on life in Cochituate, check out:
In Massachusetts
In America
Cochituate Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Cochituate. Here is how it fairs on each of the criteria:
The Services index in Cochituate is 120.
The Groceries index in Cochituate is 106.
The Health index in Cochituate is 111.
The Housing index in Cochituate is 361.
The Transportation index in Cochituate is 117.
The Utilities index in Cochituate is 135.
| Living Expense | Cochituate | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 191 | 134 | 100 | |
| Services | 120 | 121 | 100 | |
| Groceries | 106 | 106 | 100 | |
| Health | 111 | 112 | 100 | |
| Housing | 361 | 164 | 100 | |
| Transportation | 117 | 120 | 100 | |
| Utilities | 135 | 136 | 100 | |
Cochituate, MA Housing Cost Breakdown
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 2019-2023. The key points are:
The Median Home Value in Cochituate is $1,064,164.
The Median Rent in Cochituate is $1,705.
The Median Income in Cochituate is $190,938.
The Home Value To Income in Cochituate is 5.6x.
The Rent To Monthly Income in Cochituate is 0.11x.
| Statistic | Cochituate | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $1,064,164 | $649,115 | $303,400 |
| Median Rent | $1,705 | $1,687 | $1,348 |
| Median Income | $190,938 | $101,341 | $78,538 |
| Home Value To Income | 5.6x | 6.4x | 3.9x |
| Rent To Monthly Income | 0.11x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Cochituate, MA Costs By Category
Detailed Cochituate Services Costs Vs. Massachusetts
| Item | Cochituate | Massachusetts |
|---|---|---|
| Shampoo | $1.49 | $1.28 |
| Movie | $15.49 | $12.13 |
| Bowling | $29.33 | $18 |
| Haircut | $43.72 | $24.26 |
| Beauty Salon | $65.56 | $45.56 |
Detailed Cochituate Groceries Costs Vs. Massachusetts
| Item | Cochituate | Massachusetts |
|---|---|---|
| Ground Beef | $5.48 | $5.84 |
| Fried Chicken | $1.45 | $1.57 |
| Milk | $4.76 | $4.67 |
| Potatoes | $4.99 | $4.93 |
| Pizza | $12.52 | $12.09 |
| Beer | $10.21 | $10.41 |
| Toothpaste | $3.53 | $3.7 |
Detailed Cochituate Health Costs Vs. Massachusetts
| Item | Cochituate | Massachusetts |
|---|---|---|
| Optometrist | $123.17 | $125.68 |
| Doctor | $157.89 | $135.78 |
| Dentist | $149.22 | $113.29 |
Detailed Cochituate Transportation Costs Vs. Massachusetts
| Item | Cochituate | Massachusetts |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $97.39 | $59.92 |
Detailed Cochituate Utilities Costs Vs. Massachusetts
| Item | Cochituate | Massachusetts |
|---|---|---|
| All Electricity | $302.72 | $193.99 |
| Phone | $187.85 | $192.25 |
Cochituate SnackAbility
/10
Cost Of Living In Cities Around Cochituate
The cost of living varies in the cities and towns around Cochituate. Here's a quick look at the cost of living in the most populous nearby places:
Newton, MA has a cost of living index of 208, 1.1x Cochituate.
Waltham, MA has a cost of living index of 167, 0.9x Cochituate.
Brookline, MA has a cost of living index of 221, 1.2x Cochituate.
| City | Population | Cost Of Living | Vs. Cochituate |
|---|---|---|---|
| Newton, MA | 88,504 | 208 | 1.1x |
| Waltham, MA | 64,723 | 167 | 0.9x |
| Brookline, MA | 62,822 | 221 | 1.2x |
| Arlington, MA | 46,015 | 179 | 0.9x |
| Lexington, MA | 34,085 | 211 | 1.1x |
| Needham, MA | 32,059 | 202 | 1.1x |
| Wellesley, MA | 29,906 | 243 | 1.3x |
| Reading, MA | 25,448 | 164 | 0.9x |
| Winchester, MA | 22,862 | 212 | 1.1x |
| Maynard, MA | 10,663 | 138 | 0.7x |
