What is the cost of living in Lynnfield, MA?
According to the most recent data on the cost of living, Lynnfield has an overall cost of living index of 179, which is 1.8x higher than the national index of 100.
Compared to Massachusetts, Lynnfield has a cost of living index that's 1.4x higher than Massachusetts's index of 130.
The standard of living in Lynnfield ranks as #99 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Lynnfield ranks as the #14 most expensive place in the Bay State.
For more reading on life in Lynnfield, check out:
Lynnfield Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Lynnfield. Here is how it fares on each of the criteria:
The Services index in Lynnfield is 110.
The Groceries index in Lynnfield is 113.
The Health index in Lynnfield is 327.
The Housing index in Lynnfield is 110.
The Transportation index in Lynnfield is 114.
The Utilities index in Lynnfield is 110.
| Living Expense | Lynnfield | Massachusetts | National Average |
|---|---|---|---|
| Overall | 179 | 130 | 100 |
| Services | 110 | 110 | 100 |
| Groceries | 113 | 115 | 100 |
| Health | 327 | 168 | 100 |
| Housing | 110 | 117 | 100 |
| Transportation | 114 | 115 | 100 |
| Utilities | 110 | 114 | 100 |
Lynnfield 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
Lynnfield, 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 Lynnfield is $1,089,938.
The Median Rent in Lynnfield is $2,676.
The Median Income in Lynnfield is $175,265.
The Home Value To Income in Lynnfield is 6.2x.
The Rent To Monthly Income in Lynnfield is 0.18x.
| Statistic | Lynnfield | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $1,089,938 | $656,690 | $332,700 |
| Median Rent | $2,676 | $1,762 | $1,413 |
| Median Income | $175,265 | $103,960 | $80,734 |
| Home Value To Income | 6.2x | 6.3x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
Lynnfield, MA Costs By Category
Detailed Lynnfield Services costs vs. Massachusetts
| Item | Lynnfield | 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 Lynnfield Groceries costs vs. Massachusetts
| Item | Lynnfield | 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 Lynnfield Health costs vs. Massachusetts
| Item | Lynnfield | Massachusetts |
|---|---|---|
| Optometrist | $123.17 | $125.68 |
| Doctor | $157.89 | $135.78 |
| Dentist | $149.22 | $113.29 |
Detailed Lynnfield Transportation costs vs. Massachusetts
| Item | Lynnfield | Massachusetts |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $97.39 | $59.92 |
Detailed Lynnfield Utilities costs vs. Massachusetts
| Item | Lynnfield | Massachusetts |
|---|---|---|
| All Electricity | $302.72 | $193.99 |
| Phone | $187.85 | $192.25 |
Lynnfield SnackAbility
Cost Of Living In Cities Around Lynnfield
The cost of living varies in the cities and towns around Lynnfield. 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, 0.8x Lynnfield.
Newton, MA has a cost of living index of 205, 1.1x Lynnfield.
Brookline, MA has a cost of living index of 221, 1.2x Lynnfield.
| City | Population | Cost Of Living | Vs. Lynnfield |
|---|---|---|---|
| Lynn, MA | 101,709 | 136 | 0.8x |
| Newton, MA | 89,044 | 205 | 1.1x |
| Brookline, MA | 63,266 | 221 | 1.2x |
| Peabody, MA | 54,695 | 142 | 0.8x |
| Arlington, MA | 46,350 | 173 | 1.0x |
| Woburn, MA | 41,939 | 153 | 0.9x |
| Lexington, MA | 34,295 | 209 | 1.2x |
| Melrose, MA | 29,650 | 167 | 0.9x |
| Saugus, MA | 28,773 | 140 | 0.8x |
| Danvers, MA | 28,098 | 145 | 0.8x |
