What is the cost of living in Danvers, MA?
According to the most recent data on the cost of living, Danvers has an overall cost of living index of 145, which is 1.4x higher than the national index of 100.
Compared to Massachusetts, Danvers has a cost of living index that's 1.1x higher than Massachusetts's index of 130.
The standard of living in Danvers ranks as #68 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Danvers ranks as the #45 most expensive place in the Bay State.
For more reading on life in Danvers, check out:
Danvers Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Danvers. Here is how it fares on each of the criteria:
The Services index in Danvers is 110.
The Groceries index in Danvers is 115.
The Health index in Danvers is 227.
The Housing index in Danvers is 113.
The Transportation index in Danvers is 117.
The Utilities index in Danvers is 113.
| Living Expense | Danvers | Massachusetts | National Average |
|---|---|---|---|
| Overall | 145 | 130 | 100 |
| Services | 110 | 110 | 100 |
| Groceries | 115 | 115 | 100 |
| Health | 227 | 168 | 100 |
| Housing | 113 | 117 | 100 |
| Transportation | 117 | 115 | 100 |
| Utilities | 113 | 114 | 100 |
Danvers Cost Of Living Compared To Massachusetts Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Massachusetts, check out:
- Most Expensive Cities In Massachusetts
- Most Affordable Cities In Massachusetts
- Average Rent In Massachusetts
Source: Cost-of-living index 2026, normalized to US average = 100
Danvers, 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 2020-2024. The key points are:
The Median Home Value in Danvers is $728,112.
The Median Rent in Danvers is $2,076.
The Median Income in Danvers is $125,395.
The Home Value To Income in Danvers is 5.8x.
The Rent To Monthly Income in Danvers is 0.2x.
| Statistic | Danvers | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $728,112 | $656,690 | $332,700 |
| Median Rent | $2,076 | $1,762 | $1,413 |
| Median Income | $125,395 | $103,960 | $80,734 |
| Home Value To Income | 5.8x | 6.3x | 4.1x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.21x |
Danvers, MA Costs By Category
Detailed Danvers Services costs vs. Massachusetts
| Item | Danvers | 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 Danvers Groceries costs vs. Massachusetts
| Item | Danvers | 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 Danvers Health costs vs. Massachusetts
| Item | Danvers | Massachusetts |
|---|---|---|
| Optometrist | $123.17 | $125.68 |
| Doctor | $157.89 | $135.78 |
| Dentist | $149.22 | $113.29 |
Detailed Danvers Transportation costs vs. Massachusetts
| Item | Danvers | Massachusetts |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $97.39 | $59.92 |
Detailed Danvers Utilities costs vs. Massachusetts
| Item | Danvers | Massachusetts |
|---|---|---|
| All Electricity | $302.72 | $193.99 |
| Phone | $187.85 | $192.25 |
Danvers SnackAbility
Cost Of Living In Cities Around Danvers
The cost of living varies in the cities and towns around Danvers. Here's a quick look at the cost of living in the most populous nearby places:
Lynn, MA has a cost of living index of 136, 0.9x Danvers.
Brookline, MA has a cost of living index of 221, 1.5x Danvers.
Peabody, MA has a cost of living index of 142, 1.0x Danvers.
| City | Population | Cost Of Living | Vs. Danvers |
|---|---|---|---|
| Lynn, MA | 101,709 | 136 | 0.9x |
| Brookline, MA | 63,266 | 221 | 1.5x |
| Peabody, MA | 54,695 | 142 | 1.0x |
| Arlington, MA | 46,350 | 173 | 1.2x |
| Salem, MA | 44,795 | 135 | 0.9x |
| Beverly, MA | 42,665 | 148 | 1.0x |
| Lexington, MA | 34,295 | 209 | 1.4x |
| Melrose, MA | 29,650 | 167 | 1.2x |
| Wakefield, MA | 27,793 | 157 | 1.1x |
| Belmont, MA | 27,175 | 203 | 1.4x |
