Maynard, MA Cost Of Living
Cost Of Living In Maynard, MA Summary
Cost of living in Maynard 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 Maynard 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 Maynard is 138, with 100 being the average.
The cost of living index in Maynard is 1.4x higher than the national average.
Maynard ranks as the #53 cheapest in Massachusetts out of 112.
Maynard ranks as the #5,329 cheapest out of 6,489 in the US.
The median home value in Maynard is $599,573.
The median income in Maynard is $119,549.
Table Of Contents
Maynard's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Maynard, MA?
According to the most recent data on the cost of living, Maynard has an overall cost of living index of 138, which is 1.4x higher than the national index of 100.
Compared to Massachusetts, Maynard has a cost of living index that's 1.0x higher than Massachusetts's index of 134.
The standard of living in Maynard ranks as #53 most affordable out of the 112 places we measured in Massachusetts. By definition, that implies Maynard ranks as the #59 most expensive place in the Bay State.
For more reading on life in Maynard, check out:
In Massachusetts
In America
Maynard Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Maynard. Here is how it fairs on each of the criteria:
The Services index in Maynard is 123.
The Groceries index in Maynard is 105.
The Health index in Maynard is 112.
The Housing index in Maynard is 176.
The Transportation index in Maynard is 118.
The Utilities index in Maynard is 135.
| Living Expense | Maynard | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 138 | 134 | 100 | |
| Services | 123 | 122 | 100 | |
| Groceries | 105 | 106 | 100 | |
| Health | 112 | 115 | 100 | |
| Housing | 176 | 165 | 100 | |
| Transportation | 118 | 116 | 100 | |
| Utilities | 135 | 136 | 100 | |
Maynard, 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 Maynard is $599,573.
The Median Rent in Maynard is $1,678.
The Median Income in Maynard is $119,549.
The Home Value To Income in Maynard is 5.0x.
The Rent To Monthly Income in Maynard is 0.17x.
| Statistic | Maynard | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $599,573 | $649,115 | $303,400 |
| Median Rent | $1,678 | $1,687 | $1,348 |
| Median Income | $119,549 | $101,341 | $78,538 |
| Home Value To Income | 5.0x | 6.4x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Maynard, MA Costs By Category
Detailed Maynard Services Costs Vs. Massachusetts
| Item | Maynard | Massachusetts |
|---|---|---|
| Shampoo | $1.49 | $1.28 |
| Movie | $15.49 | $12.13 |
| Bowling | $29.33 | $18.0 |
| Haircut | $43.72 | $24.26 |
| Beauty Salon | $65.56 | $45.56 |
Detailed Maynard Groceries Costs Vs. Massachusetts
| Item | Maynard | 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 Maynard Health Costs Vs. Massachusetts
| Item | Maynard | Massachusetts |
|---|---|---|
| Optometrist | $123.17 | $125.68 |
| Doctor | $157.89 | $135.78 |
| Dentist | $149.22 | $113.29 |
Detailed Maynard Transportation Costs Vs. Massachusetts
| Item | Maynard | Massachusetts |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $97.39 | $59.92 |
Detailed Maynard Utilities Costs Vs. Massachusetts
| Item | Maynard | Massachusetts |
|---|---|---|
| All Electricity | $302.72 | $193.99 |
| Phone | $187.85 | $192.25 |
Maynard SnackAbility
/10
Cost Of Living In Cities Around Maynard
The cost of living varies in the cities and towns around Maynard. Here's a quick look at the cost of living in the most populous nearby places:
Newton, MA has a cost of living index of 208, 1.5x Maynard.
Waltham, MA has a cost of living index of 167, 1.2x Maynard.
Brookline, MA has a cost of living index of 221, 1.6x Maynard.
| City | Population | Cost Of Living | Vs. Maynard |
|---|---|---|---|
| Newton, MA | 88,504 | 208 | 1.5x |
| Waltham, MA | 64,723 | 167 | 1.2x |
| Brookline, MA | 62,822 | 221 | 1.6x |
| Arlington, MA | 46,015 | 179 | 1.3x |
| Marlborough, MA | 41,398 | 138 | 1.0x |
| Lexington, MA | 34,085 | 211 | 1.5x |
| Needham, MA | 32,059 | 202 | 1.5x |
| Wellesley, MA | 29,906 | 243 | 1.8x |
| Reading, MA | 25,448 | 164 | 1.2x |
| Winchester, MA | 22,862 | 212 | 1.5x |
