Malden, MA Cost Of Living

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

Cost of living in Malden, Massachusetts

Cost of living in Malden 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 Malden 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:

150 Cost of living index 1.5x higher vs US
#75 Cheapest in Massachusetts (of 113)
#5,683 Cheapest in the U.S. (of 6,489)
$684,055 Median home value
$2,204 Median rent
$100,606 Median income
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What is the cost of living in Malden, MA?

According to the most recent data on the cost of living, Malden has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.

Compared to Massachusetts, Malden has a cost of living index that's 1.2x higher than Massachusetts's index of 130.

The standard of living in Malden ranks as #75 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Malden ranks as the #38 most expensive place in the Bay State.

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Malden Cost Of Living Vs. Massachusetts

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

  • The Services index in Malden is 112.

  • The Groceries index in Malden is 113.

  • The Health index in Malden is 227.

  • The Housing index in Malden is 112.

  • The Transportation index in Malden is 117.

  • The Utilities index in Malden is 110.

Living Expense Malden Massachusetts National Average
Overall 150 130 100
Services 112 110 100
Groceries 113 115 100
Health 227 168 100
Housing 112 117 100
Transportation 117 115 100
Utilities 110 114 100

Malden Cost Of Living Compared To Massachusetts Averages

Services
Malden 112
Massachusetts avg 110
Groceries
Malden 113
Massachusetts avg 115
Health
Malden 227
Massachusetts avg 168
Housing
Malden 112
Massachusetts avg 117
Transportation
Malden 117
Massachusetts avg 115
Utilities
Malden 110
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

Malden, MA Housing Cost Breakdown

$684,055Median Home Value
$2,204Median Rent
$100,606Median 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 Malden is $684,055.

  • The Median Rent in Malden is $2,204.

  • The Median Income in Malden is $100,606.

  • The Home Value To Income in Malden is 6.8x.

  • The Rent To Monthly Income in Malden is 0.26x.

Statistic Malden Massachusetts United States
Median Home Value $684,055 $656,690 $332,700
Median Rent $2,204 $1,762 $1,413
Median Income $100,606 $103,960 $80,734
Home Value To Income 6.8x 6.3x 4.1x
Rent To Monthly Income 0.26x 0.2x 0.21x

Malden, MA Costs By Category

Detailed Malden Services costs vs. Massachusetts
Item Malden 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 Malden Groceries costs vs. Massachusetts
Item Malden 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 Malden Health costs vs. Massachusetts
Item Malden Massachusetts
Optometrist $123.17 $125.68
Doctor $157.89 $135.78
Dentist $149.22 $113.29
Detailed Malden Transportation costs vs. Massachusetts
Item Malden Massachusetts
Gasoline $3.43 $3.46
Tire Balancing $97.39 $59.92
Detailed Malden Utilities costs vs. Massachusetts
Item Malden Massachusetts
All Electricity $302.72 $193.99
Phone $187.85 $192.25

Malden SnackAbility

8Overall SnackAbility
Jobs 7/10
Housing 9/10
Affordability 3/10
Diversity 10/10
Safety 7/10
Amenities 10/10
Education 8/10
Commute 3/10

Cost Of Living In Cities Around Malden

The cost of living varies in the cities and towns around Malden. 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 204, 1.4x Malden.

  • Newton, MA has a cost of living index of 205, 1.4x Malden.

  • Somerville, MA has a cost of living index of 186, 1.2x Malden.

City Population Cost Of Living Vs. Malden
Cambridge, MA 118,796 204 1.4x
Newton, MA 89,044 205 1.4x
Somerville, MA 81,036 186 1.2x
Brookline, MA 63,266 221 1.5x
Revere, MA 60,012 138 0.9x
Medford, MA 59,354 162 1.1x
Everett, MA 50,045 146 1.0x
Chelsea, MA 39,908 134 0.9x
Lexington, MA 34,295 209 1.4x
Needham, MA 32,459 203 1.4x