Fall River, MA Cost Of Living

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

Cost of living in Fall River, Massachusetts

Cost of living in Fall River 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 Fall River 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:

121 Cost of living index 1.2x higher vs US
#23 Cheapest in Massachusetts (of 113)
#4,405 Cheapest in the U.S. (of 6,489)
$445,781 Median home value
$1,155 Median rent
$56,673 Median income
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What is the cost of living in Fall River, MA?

According to the most recent data on the cost of living, Fall River has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.

Compared to Massachusetts, Fall River has a cost of living index that's 0.9x lower than Massachusetts's index of 130.

The standard of living in Fall River ranks as #23 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Fall River ranks as the #90 most expensive place in the Bay State.

For more reading on life in Fall River, check out:

Fall River Cost Of Living Vs. Massachusetts

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

  • The Services index in Fall River is 107.

  • The Groceries index in Fall River is 121.

  • The Health index in Fall River is 126.

  • The Housing index in Fall River is 113.

  • The Transportation index in Fall River is 120.

  • The Utilities index in Fall River is 116.

Living Expense Fall River Massachusetts National Average
Overall 121 130 100
Services 107 110 100
Groceries 121 115 100
Health 126 168 100
Housing 113 117 100
Transportation 120 115 100
Utilities 116 114 100

Fall River Cost Of Living Compared To Massachusetts Averages

Services
Fall River 107
Massachusetts avg 110
Groceries
Fall River 121
Massachusetts avg 115
Health
Fall River 126
Massachusetts avg 168
Housing
Fall River 113
Massachusetts avg 117
Transportation
Fall River 120
Massachusetts avg 115
Utilities
Fall River 116
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

Fall River, MA Housing Cost Breakdown

$445,781Median Home Value
$1,155Median Rent
$56,673Median 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 Fall River is $445,781.

  • The Median Rent in Fall River is $1,155.

  • The Median Income in Fall River is $56,673.

  • The Home Value To Income in Fall River is 7.9x.

  • The Rent To Monthly Income in Fall River is 0.24x.

Statistic Fall River Massachusetts United States
Median Home Value $445,781 $656,690 $332,700
Median Rent $1,155 $1,762 $1,413
Median Income $56,673 $103,960 $80,734
Home Value To Income 7.9x 6.3x 4.1x
Rent To Monthly Income 0.24x 0.2x 0.21x

Fall River, MA Costs By Category

Detailed Fall River Services costs vs. Massachusetts
Item Fall River Massachusetts
Shampoo $1.43 $1.28
Movie $14.37 $12.13
Bowling $22.72 $18
Haircut $31.5 $24.26
Beauty Salon $49.92 $45.56
Detailed Fall River Groceries costs vs. Massachusetts
Item Fall River Massachusetts
Ground Beef $5.85 $5.84
Fried Chicken $1.43 $1.57
Milk $4.74 $4.67
Potatoes $5.0 $4.93
Pizza $11.59 $12.09
Beer $10.74 $10.41
Toothpaste $3.46 $3.7
Detailed Fall River Health costs vs. Massachusetts
Item Fall River Massachusetts
Optometrist $104.45 $125.68
Doctor $169.83 $135.78
Dentist $130.28 $113.29
Detailed Fall River Transportation costs vs. Massachusetts
Item Fall River Massachusetts
Gasoline $3.38 $3.46
Tire Balancing $48.2 $59.92
Detailed Fall River Utilities costs vs. Massachusetts
Item Fall River Massachusetts
All Electricity $230.62 $193.99
Phone $195.18 $192.25

Fall River SnackAbility

6Overall SnackAbility
Jobs 5/10
Housing 8/10
Affordability 5/10
Diversity 8/10
Safety 6/10
Amenities 9/10
Education 5/10
Commute 7/10

Cost Of Living In Cities Around Fall River

The cost of living varies in the cities and towns around Fall River. Here's a quick look at the cost of living in the most populous nearby places:

  • Providence, RI has a cost of living index of 111, 0.9x Fall River.

  • New Bedford, MA has a cost of living index of 117, 1.0x Fall River.

  • Pawtucket, RI has a cost of living index of 106, 0.9x Fall River.

City Population Cost Of Living Vs. Fall River
Providence, RI 191,767 111 0.9x
New Bedford, MA 100,998 117 1.0x
Pawtucket, RI 75,893 106 0.9x
Taunton, MA 60,433 124 1.0x
Attleboro, MA 46,762 127 1.0x
Central Falls, RI 22,701 105 0.9x
Somerset, MA 18,298 123 1.0x
Tiverton, RI 8,091 122 1.0x
Bliss Corner, MA 5,405 126 1.0x