Dedham, MA Cost Of Living

The latest cost of living statistics for Dedham. Includes statistics on rent, mortgages, healthcare, and other costs for Dedham compared to the state and national averages.

Cost of living in Dedham, Massachusetts

Cost of living in Dedham 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 Dedham 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:

154 Cost of living index 1.5x higher vs US
#80 Cheapest in Massachusetts (of 113)
#5,786 Cheapest in the U.S. (of 6,489)
$765,656 Median home value
$2,042 Median rent
$128,955 Median income
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What is the cost of living in Dedham, MA?

According to the most recent data on the cost of living, Dedham has an overall cost of living index of 154, which is 1.5x higher than the national index of 100.

Compared to Massachusetts, Dedham has a cost of living index that's 1.2x higher than Massachusetts's index of 130.

The standard of living in Dedham ranks as #80 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Dedham ranks as the #33 most expensive place in the Bay State.

For more reading on life in Dedham, check out:

Dedham Cost Of Living Vs. Massachusetts

Six factors go into calculating the cost of living index in Dedham. Here is how it fares on each of the criteria:

  • The Services index in Dedham is 106.

  • The Groceries index in Dedham is 112.

  • The Health index in Dedham is 242.

  • The Housing index in Dedham is 116.

  • The Transportation index in Dedham is 115.

  • The Utilities index in Dedham is 114.

Living Expense Dedham Massachusetts National Average
Overall 154 130 100
Services 106 110 100
Groceries 112 115 100
Health 242 168 100
Housing 116 117 100
Transportation 115 115 100
Utilities 114 114 100

Dedham Cost Of Living Compared To Massachusetts Averages

Services
Dedham 106
Massachusetts avg 110
Groceries
Dedham 112
Massachusetts avg 115
Health
Dedham 242
Massachusetts avg 168
Housing
Dedham 116
Massachusetts avg 117
Transportation
Dedham 115
Massachusetts avg 115
Utilities
Dedham 114
Massachusetts avg 114

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Massachusetts, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Dedham, MA Housing Cost Breakdown

$765,656Median Home Value
$2,042Median Rent
$128,955Median Income

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 Dedham is $765,656.

  • The Median Rent in Dedham is $2,042.

  • The Median Income in Dedham is $128,955.

  • The Home Value To Income in Dedham is 5.9x.

  • The Rent To Monthly Income in Dedham is 0.19x.

Statistic Dedham Massachusetts United States
Median Home Value $765,656 $656,690 $332,700
Median Rent $2,042 $1,762 $1,413
Median Income $128,955 $103,960 $80,734
Home Value To Income 5.9x 6.3x 4.1x
Rent To Monthly Income 0.19x 0.2x 0.21x

Dedham, MA Costs By Category

Detailed Dedham Services costs vs. Massachusetts
Item Dedham 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 Dedham Groceries costs vs. Massachusetts
Item Dedham 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 Dedham Health costs vs. Massachusetts
Item Dedham Massachusetts
Optometrist $123.17 $125.68
Doctor $157.89 $135.78
Dentist $149.22 $113.29
Detailed Dedham Transportation costs vs. Massachusetts
Item Dedham Massachusetts
Gasoline $3.43 $3.46
Tire Balancing $97.39 $59.92
Detailed Dedham Utilities costs vs. Massachusetts
Item Dedham Massachusetts
All Electricity $302.72 $193.99
Phone $187.85 $192.25

Dedham SnackAbility

7Overall SnackAbility
Jobs 8.5/10
Housing 9.5/10
Affordability 5/10
Diversity 8/10
Safety 8.5/10
Amenities 9/10
Education 9/10
Commute 4/10

Cost Of Living In Cities Around Dedham

The cost of living varies in the cities and towns around Dedham. 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 205, 1.3x Dedham.

  • Brookline, MA has a cost of living index of 221, 1.4x Dedham.

  • Arlington, MA has a cost of living index of 173, 1.1x Dedham.

City Population Cost Of Living Vs. Dedham
Newton, MA 89,044 205 1.3x
Brookline, MA 63,266 221 1.4x
Arlington, MA 46,350 173 1.1x
Lexington, MA 34,295 209 1.4x
Needham, MA 32,459 203 1.3x
Norwood, MA 31,542 150 1.0x
Wellesley, MA 30,347 239 1.6x
Milton, MA 28,587 168 1.1x
Winchester, MA 23,406 210 1.4x
Medfield, MA 6,849 168 1.1x