Leominster, MA Cost Of Living
Cost Of Living In Leominster, MA Summary
Cost of living in Leominster 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 Leominster 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 Leominster is 122, with 100 being the average.
The cost of living index in Leominster is 1.2x higher than the national average.
Leominster ranks as the #26 cheapest in Massachusetts out of 112.
Leominster ranks as the #4,541 cheapest out of 6,489 in the US.
The median home value in Leominster is $459,167.
The median income in Leominster is $81,556.
Table Of Contents
Leominster's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Leominster, MA?
According to the most recent data on the cost of living, Leominster has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to Massachusetts, Leominster has a cost of living index that's 0.9x lower than Massachusetts's index of 134.
The standard of living in Leominster ranks as #26 most affordable out of the 112 places we measured in Massachusetts. By definition, that implies Leominster ranks as the #86 most expensive place in the Bay State.
For more reading on life in Leominster, check out:
In Massachusetts
In America
Leominster Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Leominster. Here is how it fairs on each of the criteria:
The Services index in Leominster is 120.
The Groceries index in Leominster is 103.
The Health index in Leominster is 112.
The Housing index in Leominster is 131.
The Transportation index in Leominster is 110.
The Utilities index in Leominster is 132.
| Living Expense | Leominster | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 122 | 134 | 100 | |
| Services | 120 | 121 | 100 | |
| Groceries | 103 | 106 | 100 | |
| Health | 112 | 112 | 100 | |
| Housing | 131 | 164 | 100 | |
| Transportation | 110 | 120 | 100 | |
| Utilities | 132 | 136 | 100 | |
Leominster, 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 Leominster is $459,167.
The Median Rent in Leominster is $1,282.
The Median Income in Leominster is $81,556.
The Home Value To Income in Leominster is 5.6x.
The Rent To Monthly Income in Leominster is 0.19x.
| Statistic | Leominster | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $459,167 | $649,115 | $303,400 |
| Median Rent | $1,282 | $1,687 | $1,348 |
| Median Income | $81,556 | $101,341 | $78,538 |
| Home Value To Income | 5.6x | 6.4x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Leominster, MA Costs By Category
Detailed Leominster Services Costs Vs. Massachusetts
| Item | Leominster | Massachusetts |
|---|---|---|
| Shampoo | $1.25 | $1.28 |
| Movie | $13.07 | $12.13 |
| Bowling | $25.44 | $18 |
| Haircut | $26.58 | $24.26 |
| Beauty Salon | $67.97 | $45.56 |
Detailed Leominster Groceries Costs Vs. Massachusetts
| Item | Leominster | Massachusetts |
|---|---|---|
| Ground Beef | $5.47 | $5.84 |
| Fried Chicken | $1.44 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $11.66 | $12.09 |
| Beer | $9.82 | $10.41 |
| Toothpaste | $3.73 | $3.7 |
Detailed Leominster Health Costs Vs. Massachusetts
| Item | Leominster | Massachusetts |
|---|---|---|
| Optometrist | $115.0 | $125.68 |
| Doctor | $164.0 | $135.78 |
| Dentist | $136.17 | $113.29 |
Detailed Leominster Transportation Costs Vs. Massachusetts
| Item | Leominster | Massachusetts |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $86.0 | $59.92 |
Detailed Leominster Utilities Costs Vs. Massachusetts
| Item | Leominster | Massachusetts |
|---|---|---|
| All Electricity | $294.4 | $193.99 |
| Phone | $186.72 | $192.25 |
Leominster SnackAbility
/10
Cost Of Living In Cities Around Leominster
The cost of living varies in the cities and towns around Leominster. Here's a quick look at the cost of living in the most populous nearby places:
Worcester, MA has a cost of living index of 115, 0.9x Leominster.
Fitchburg, MA has a cost of living index of 115, 0.9x Leominster.
Marlborough, MA has a cost of living index of 138, 1.1x Leominster.
| City | Population | Cost Of Living | Vs. Leominster |
|---|---|---|---|
| Worcester, MA | 205,501 | 115 | 0.9x |
| Fitchburg, MA | 41,633 | 115 | 0.9x |
| Marlborough, MA | 41,398 | 138 | 1.1x |
| Gardner, MA | 21,075 | 114 | 0.9x |
| Hudson, MA | 15,610 | 134 | 1.1x |
| Maynard, MA | 10,663 | 138 | 1.1x |
| Clinton, MA | 6,908 | 123 | 1.0x |
| Northborough, MA | 6,720 | 145 | 1.2x |
| West Concord, MA | 5,997 | 183 | 1.5x |
