Medford, MA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
147
Medford's Overall Cost Of Living
1.5x
Higher Than The National Average
84 out of 113
In Massachusetts
5,771 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Medford is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Medford, MA?

According to the most recent data on the cost of living, Medford has an overall cost of living index of 147 which is 1.5x higher than the national index of 100.

Compared to only Massachusetts, Medford has a cost of living index that's 1.1x higher than Massachusetts's index of 132.

The standard of living in Medford ranks as #5,774 most affordable out of the 6,418 places we measured in Massachusetts. By definition, that implies Medford ranks as the #645 most expensive place in the Bay State.

For more reading on life in Medford, check out:

Medford Cost Of Living Vs. Massachusetts

Living Expense Medford Massachusetts National Average
Overall 147 132 100
Services 128 119 100
Groceries 113 112 100
Health 121 123 100
Housing 206 164 100
Transportation 110 109 100
Utilities 121 116 100
For more reading on cost of living around Massachusetts, check out:
Medford Cost of Living Vs. MA

Medford, 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.

$551,900
Median Home Value
$2,003
Median Rent
$101,168
Median Income
Statistic Medford Massachusetts United States
Median Home Value $551,900 $398,800 $229,800
Median Rent $2,003 $1,336 $1,096
Median Income $101,168 $84,385 $64,994
Home Value To Income 5.5x 4.7x 3.5x
Rent To Monthly Income 0.24x 0.19x 0.2x

Detailed Medford Services Costs Vs. Massachusetts

Item Medford Massachusetts
Shampoo $1.0 $1.06
Movie $14.43 $10.68
Bowling $21.0 $14.67

Detailed Medford Groceries Costs Vs. Massachusetts

Item Medford Massachusetts
Ground Beef $3.74 $4.22
Fried Chicken $1.64 $1.39
Milk $2.27 $2.05

Detailed Medford Health Costs Vs. Massachusetts

Item Medford Massachusetts
Haircut $34.97 $18.62
Beauty Salon $64.17 $39.05
Toothpaste $2.3 $2.34

Detailed Medford Transportation Costs Vs. Massachusetts

Item Medford Massachusetts
Potatoes $4.02 $3.29
Pizza $11.16 $10.62
Beer $9.29 $9.38
Optometrist $102.75 $108.57
Doctor $194.0 $116.17
Dentist $108.27 $99.13

Detailed Medford Utilities Costs Vs. Massachusetts

Item Medford Massachusetts
Gasoline $2.19 $2.22
Tire Balancing $64.47 $50.07
All Electricity $233.87 $167.67
Phone $181.11 $175.64

Medford SnackAbility

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

Cost Of Living In Cities Around Medford

City Population Cost Of Living Vs. Medford
Cambridge, MA 117,822 172 1.2x
Newton, MA 88,322 192 1.3x
Somerville, MA 81,175 158 1.1x
Malden, MA 60,710 137 0.9x
Brookline, MA 59,223 191 1.3x
Everett, MA 46,275 137 0.9x
Arlington, MA 45,379 162 1.1x
Chelsea, MA 39,878 127 0.9x
Lexington, MA 33,304 190 1.3x
Needham, MA 31,177 180 1.2x

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