Everett, MA Cost Of Living
Cost Of Living In Everett, MA Summary
Cost of living in Everett 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 Everett 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 Everett is 137, with 100 being the average.
The cost of living index in Everett is 1.4x higher than the national average.
Everett ranks as the #64 cheapest in Massachusetts out of 113.
Everett ranks as the #5,488 cheapest out of 6,412 in the US.
The median home value in Everett is $477,100.
The median income in Everett is $71,510.
Table Of Contents
Everett's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Everett, MA?
According to the most recent data on the cost of living, Everett has an overall cost of living index of 137, which is 1.4x higher than the national index of 100.
Compared to Massachusetts, Everett has a cost of living index that's 1.0x lower than Massachusetts's index of 143.
The standard of living in Everett ranks as #64 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Everett ranks as the #49 most expensive place in the Bay State.
For more reading on life in Everett, check out:
- Living In Everett
- Everett Crime Report
- Search Homes For Sale In Everett, MA
In Massachusetts
In America
Everett Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Everett. Here is how it fairs on each of the criteria:
The Services index in Everett is 126.
The Groceries index in Everett is 115.
The Health index in Everett is 122.
The Housing index in Everett is 169.
The Transportation index in Everett is 111.
The Utilities index in Everett is 123.
| Living Expense | Everett | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 137 | 143 | 100 | |
| Services | 126 | 126 | 100 | |
| Groceries | 115 | 108 | 100 | |
| Health | 122 | 117 | 100 | |
| Housing | 169 | 202 | 100 | |
| Transportation | 111 | 114 | 100 | |
| Utilities | 123 | 123 | 100 | |
Everett, 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 2017-2021. The key points are:
The Median Home Value in Everett is $477,100.
The Median Rent in Everett is $1,700.
The Median Income in Everett is $71,510.
The Home Value To Income in Everett is 6.7x.
The Rent To Monthly Income in Everett is 0.29x.
| Statistic | Everett | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $477,100 | $424,700 | $244,900 |
| Median Rent | $1,700 | $1,429 | $1,163 |
| Median Income | $71,510 | $89,026 | $69,021 |
| Home Value To Income | 6.7x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.29x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Everett, MA Costs By Category
Detailed Everett Services Costs Vs. Massachusetts
| Item | Everett | Massachusetts |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $14.43 | $10.68 |
| Bowling | $21.0 | $14.67 |
| Haircut | $34.97 | $18.62 |
| Beauty Salon | $64.17 | $39.05 |
Detailed Everett Groceries Costs Vs. Massachusetts
| Item | Everett | Massachusetts |
|---|---|---|
| Ground Beef | $3.74 | $4.22 |
| Fried Chicken | $1.64 | $1.39 |
| Milk | $2.27 | $2.05 |
| Potatoes | $4.02 | $3.29 |
| Pizza | $11.16 | $10.62 |
| Beer | $9.29 | $9.38 |
| Toothpaste | $2.3 | $2.34 |
Detailed Everett Health Costs Vs. Massachusetts
| Item | Everett | Massachusetts |
|---|---|---|
| Optometrist | $102.75 | $108.57 |
| Doctor | $194.0 | $116.17 |
| Dentist | $108.27 | $99.13 |
Detailed Everett Transportation Costs Vs. Massachusetts
| Item | Everett | Massachusetts |
|---|---|---|
| Gasoline | $2.19 | $2.22 |
| Tire Balancing | $64.47 | $50.07 |
Detailed Everett Utilities Costs Vs. Massachusetts
| Item | Everett | Massachusetts |
|---|---|---|
| All Electricity | $233.87 | $167.67 |
| Phone | $181.11 | $175.64 |
Everett SnackAbility
/10
Cost Of Living In Cities Around Everett
The cost of living varies in the cities and towns around Everett. Here's a quick look at the cost of living in the most populous nearby places:
Cambridge, MA has a cost of living index of 172, 1.3x Everett.
Newton, MA has a cost of living index of 192, 1.4x Everett.
Somerville, MA has a cost of living index of 158, 1.2x Everett.
| City | Population | Cost Of Living | Vs. Everett |
|---|---|---|---|
| Cambridge, MA | 116,892 | 172 | 1.3x |
| Newton, MA | 88,647 | 192 | 1.4x |
| Somerville, MA | 80,608 | 158 | 1.2x |
| Malden, MA | 65,602 | 137 | 1.0x |
| Brookline, MA | 62,620 | 191 | 1.4x |
| Revere, MA | 60,720 | 134 | 1.0x |
| Medford, MA | 60,708 | 147 | 1.1x |
| Chelsea, MA | 40,025 | 127 | 0.9x |
| Lexington, MA | 34,235 | 190 | 1.4x |
| Needham, MA | 31,808 | 180 | 1.3x |
