Lynnfield, MA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
165
Lynnfield's Overall Cost Of Living
1.6x
Higher Than The National Average
106 out of 118
In Massachusetts
6,063 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Lynnfield is expensive, while a number below 100 means it's a relatively cheap place to live.

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 165 which is 1.6x higher than the national index of 100.

Compared to only Massachusetts, Lynnfield has a cost of living index that's 1.3x higher than Massachusetts's index of 131.

The standard of living in Lynnfield ranks as #6,068 most affordable out of the 6,522 places we measured in Massachusetts. By definition, that implies Lynnfield ranks as the #339 most expensive place in the Bay State.

For more reading on life in Lynnfield, check out:

Lynnfield Cost Of Living Vs. Massachusetts

Living Expense Lynnfield Massachusetts National Average
Overall 165 131 100
Services 130 122 100
Groceries 108 109 100
Health 118 121 100
Housing 271 165 100
Transportation 111 107 100
Utilities 115 114 100
For more reading on cost of living around Massachusetts, check out:
Lynnfield Cost of Living Vs. MA

Lynnfield, MA Housing Cost Breakdown

Housing swings affordability the most between places in Massachusetts, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$670,700
Median Home Value
$1,669
Median Rent
$128,641
Median Income
Statistic Lynnfield Massachusetts United States
Median Home Value $670,700 $381,600 $217,500
Median Rent $1,669 $1,282 $1,062
Median Income $128,641 $81,215 $62,843
Home Value To Income 5.2x 4.7x 3.5x
Rent To Monthly Income 0.16x 0.19x 0.2x

Detailed Lynnfield Services Costs Vs. Massachusetts

Item Lynnfield Massachusetts
Shampoo $1.12 $1.01
Movie $14.12 $10.72
Bowling $20.2 $13.86

Detailed Lynnfield Groceries Costs Vs. Massachusetts

Item Lynnfield Massachusetts
Ground Beef $3.59 $3.9
Fried Chicken $1.45 $1.4
Milk $1.99 $1.96

Detailed Lynnfield Health Costs Vs. Massachusetts

Item Lynnfield Massachusetts
Haircut $25.2 $17.49
Beauty Salon $60.4 $38.17
Toothpaste $2.19 $2.32

Detailed Lynnfield Transportation Costs Vs. Massachusetts

Item Lynnfield Massachusetts
Potatoes $3.99 $3.18
Pizza $11.49 $10.39
Beer $9.39 $9.23
Optometrist $95.0 $106.34
Doctor $184.93 $115.25
Dentist $107.0 $98.38

Detailed Lynnfield Utilities Costs Vs. Massachusetts

Item Lynnfield Massachusetts
Gasoline $2.65 $2.59
Tire Balancing $63.78 $48.9
All Electricity $214.6 $167.6
Phone $178.27 $163.42

Lynnfield SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9.5
Affordability
7
Diversity
5
Safety
9
Amenities
8
Education
9.5
Commute
4

Cost Of Living In Cities Around Lynnfield

City Population Cost Of Living Vs. Lynnfield
Lynn, MA 93,743 124 0.8x
Newton, MA 88,593 190 1.2x
Brookline, MA 59,180 189 1.1x
Peabody, MA 52,906 135 0.8x
Arlington, MA 45,304 160 1.0x
Woburn, MA 40,304 140 0.8x
Lexington, MA 33,340 189 1.1x
Saugus, MA 28,215 135 0.8x
Melrose, MA 28,113 145 0.9x
Danvers, MA 27,586 138 0.8x

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