Marblehead, MA Cost Of Living
Cost Of Living In Marblehead, MA Summary
Cost of living in Marblehead 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 Marblehead 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 Marblehead is 180, with 100 being the average.
The cost of living index in Marblehead is 1.8x higher than the national average.
Marblehead ranks as the #97 cheapest in Massachusetts out of 112.
Marblehead ranks as the #6,185 cheapest out of 6,489 in the US.
The median home value in Marblehead is $1,024,768.
The median income in Marblehead is $165,859.
Table Of Contents
Marblehead's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Marblehead, MA?
According to the most recent data on the cost of living, Marblehead has an overall cost of living index of 180, which is 1.8x higher than the national index of 100.
Compared to Massachusetts, Marblehead has a cost of living index that's 1.3x higher than Massachusetts's index of 134.
The standard of living in Marblehead ranks as #97 most affordable out of the 112 places we measured in Massachusetts. By definition, that implies Marblehead ranks as the #15 most expensive place in the Bay State.
For more reading on life in Marblehead, check out:
In Massachusetts
In America
Marblehead Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Marblehead. Here is how it fairs on each of the criteria:
The Services index in Marblehead is 124.
The Groceries index in Marblehead is 104.
The Health index in Marblehead is 115.
The Housing index in Marblehead is 315.
The Transportation index in Marblehead is 119.
The Utilities index in Marblehead is 134.
| Living Expense | Marblehead | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 180 | 134 | 100 | |
| Services | 124 | 121 | 100 | |
| Groceries | 104 | 106 | 100 | |
| Health | 115 | 112 | 100 | |
| Housing | 315 | 164 | 100 | |
| Transportation | 119 | 120 | 100 | |
| Utilities | 134 | 136 | 100 | |
Marblehead, 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 Marblehead is $1,024,768.
The Median Rent in Marblehead is $1,769.
The Median Income in Marblehead is $165,859.
The Home Value To Income in Marblehead is 6.2x.
The Rent To Monthly Income in Marblehead is 0.13x.
| Statistic | Marblehead | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $1,024,768 | $649,115 | $303,400 |
| Median Rent | $1,769 | $1,687 | $1,348 |
| Median Income | $165,859 | $101,341 | $78,538 |
| Home Value To Income | 6.2x | 6.4x | 3.9x |
| Rent To Monthly Income | 0.13x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Marblehead, MA Costs By Category
Detailed Marblehead Services Costs Vs. Massachusetts
| Item | Marblehead | 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 Marblehead Groceries Costs Vs. Massachusetts
| Item | Marblehead | 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 Marblehead Health Costs Vs. Massachusetts
| Item | Marblehead | Massachusetts |
|---|---|---|
| Optometrist | $123.17 | $125.68 |
| Doctor | $157.89 | $135.78 |
| Dentist | $149.22 | $113.29 |
Detailed Marblehead Transportation Costs Vs. Massachusetts
| Item | Marblehead | Massachusetts |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $97.39 | $59.92 |
Detailed Marblehead Utilities Costs Vs. Massachusetts
| Item | Marblehead | Massachusetts |
|---|---|---|
| All Electricity | $302.72 | $193.99 |
| Phone | $187.85 | $192.25 |
Marblehead SnackAbility
/10
Cost Of Living In Cities Around Marblehead
The cost of living varies in the cities and towns around Marblehead. 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 201, 1.1x Marblehead.
Lynn, MA has a cost of living index of 137, 0.8x Marblehead.
Brookline, MA has a cost of living index of 221, 1.2x Marblehead.
| City | Population | Cost Of Living | Vs. Marblehead |
|---|---|---|---|
| Cambridge, MA | 117,794 | 201 | 1.1x |
| Lynn, MA | 100,905 | 137 | 0.8x |
| Brookline, MA | 62,822 | 221 | 1.2x |
| Revere, MA | 59,933 | 141 | 0.8x |
| Peabody, MA | 54,180 | 146 | 0.8x |
| Arlington, MA | 46,015 | 179 | 1.0x |
| Salem, MA | 44,241 | 137 | 0.8x |
| Beverly, MA | 42,408 | 149 | 0.8x |
| Melrose, MA | 29,488 | 166 | 0.9x |
| Saugus, MA | 28,599 | 140 | 0.8x |
