Methuen Town, MA Cost Of Living
Cost Of Living In Methuen Town, MA Summary
Cost of living in Methuen Town 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 Methuen Town 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 Methuen Town is 134, with 100 being the average.
The cost of living index in Methuen Town is 1.3x higher than the national average.
Methuen Town ranks as the #45 cheapest in Massachusetts out of 112.
Methuen Town ranks as the #5,171 cheapest out of 6,489 in the US.
The median home value in Methuen Town is $582,944.
The median income in Methuen Town is $103,270.
Table Of Contents
Methuen Town's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Methuen Town, MA?
According to the most recent data on the cost of living, Methuen Town has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to Massachusetts, Methuen Town has a cost of living index that's 1.0x lower than Massachusetts's index of 134.
The standard of living in Methuen Town ranks as #45 most affordable out of the 112 places we measured in Massachusetts. By definition, that implies Methuen Town ranks as the #67 most expensive place in the Bay State.
For more reading on life in Methuen Town, check out:
In Massachusetts
In America
Methuen Town Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Methuen Town. Here is how it fairs on each of the criteria:
The Services index in Methuen Town is 121.
The Groceries index in Methuen Town is 102.
The Health index in Methuen Town is 114.
The Housing index in Methuen Town is 175.
The Transportation index in Methuen Town is 111.
The Utilities index in Methuen Town is 129.
| Living Expense | Methuen Town | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 134 | 134 | 100 | |
| Services | 121 | 121 | 100 | |
| Groceries | 102 | 106 | 100 | |
| Health | 114 | 112 | 100 | |
| Housing | 175 | 164 | 100 | |
| Transportation | 111 | 120 | 100 | |
| Utilities | 129 | 136 | 100 | |
Methuen Town, 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 Methuen Town is $582,944.
The Median Rent in Methuen Town is $1,610.
The Median Income in Methuen Town is $103,270.
The Home Value To Income in Methuen Town is 5.6x.
The Rent To Monthly Income in Methuen Town is 0.19x.
| Statistic | Methuen Town | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $582,944 | $649,115 | $303,400 |
| Median Rent | $1,610 | $1,687 | $1,348 |
| Median Income | $103,270 | $101,341 | $78,538 |
| Home Value To Income | 5.6x | 6.4x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Methuen Town, MA Costs By Category
Detailed Methuen Town Services Costs Vs. Massachusetts
| Item | Methuen Town | Massachusetts |
|---|---|---|
| Shampoo | $1.25 | $1.28 |
| Movie | $13.07 | $12.13 |
| Bowling | $25.44 | $18 |
| Haircut | $26.58 | $24.26 |
| Beauty Salon | $67.97 | $45.56 |
Detailed Methuen Town Groceries Costs Vs. Massachusetts
| Item | Methuen Town | Massachusetts |
|---|---|---|
| Ground Beef | $5.47 | $5.84 |
| Fried Chicken | $1.44 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $11.66 | $12.09 |
| Beer | $9.82 | $10.41 |
| Toothpaste | $3.73 | $3.7 |
Detailed Methuen Town Health Costs Vs. Massachusetts
| Item | Methuen Town | Massachusetts |
|---|---|---|
| Optometrist | $115.0 | $125.68 |
| Doctor | $164.0 | $135.78 |
| Dentist | $136.17 | $113.29 |
Detailed Methuen Town Transportation Costs Vs. Massachusetts
| Item | Methuen Town | Massachusetts |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $86.0 | $59.92 |
Detailed Methuen Town Utilities Costs Vs. Massachusetts
| Item | Methuen Town | Massachusetts |
|---|---|---|
| All Electricity | $294.4 | $193.99 |
| Phone | $186.72 | $192.25 |
Methuen Town SnackAbility
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