What is the cost of living in Nantucket, MA?
According to the most recent data on the cost of living, Nantucket has an overall cost of living index of 218, which is 2.2x higher than the national index of 100.
Compared to Massachusetts, Nantucket has a cost of living index that's 1.7x higher than Massachusetts's index of 130.
The standard of living in Nantucket ranks as #111 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Nantucket ranks as the #2 most expensive place in the Bay State.
For more reading on life in Nantucket, check out:
Nantucket Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Nantucket. Here is how it fares on each of the criteria:
The Services index in Nantucket is 105.
The Groceries index in Nantucket is 115.
The Health index in Nantucket is 457.
The Housing index in Nantucket is 113.
The Transportation index in Nantucket is 116.
The Utilities index in Nantucket is 117.
| Living Expense | Nantucket | Massachusetts | National Average |
|---|---|---|---|
| Overall | 218 | 130 | 100 |
| Services | 105 | 110 | 100 |
| Groceries | 115 | 115 | 100 |
| Health | 457 | 168 | 100 |
| Housing | 113 | 117 | 100 |
| Transportation | 116 | 115 | 100 |
| Utilities | 117 | 114 | 100 |
Nantucket Cost Of Living Compared To Massachusetts Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Massachusetts, check out:
- Most Expensive Cities In Massachusetts
- Most Affordable Cities In Massachusetts
- Average Rent In Massachusetts
Source: Cost-of-living index 2026, normalized to US average = 100
Nantucket, 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 2020-2024. The key points are:
The Median Home Value in Nantucket is $3,048,174.
The Median Rent in Nantucket is $2,228.
The Median Income in Nantucket is $148,017.
The Home Value To Income in Nantucket is 20.6x.
The Rent To Monthly Income in Nantucket is 0.18x.
| Statistic | Nantucket | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $3,048,174 | $656,690 | $332,700 |
| Median Rent | $2,228 | $1,762 | $1,413 |
| Median Income | $148,017 | $103,960 | $80,734 |
| Home Value To Income | 20.6x | 6.3x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
Nantucket, MA Costs By Category
Detailed Nantucket Services costs vs. Massachusetts
| Item | Nantucket | Massachusetts |
|---|---|---|
| Shampoo | $1.43 | $1.28 |
| Movie | $14.37 | $12.13 |
| Bowling | $22.72 | $18 |
| Haircut | $31.5 | $24.26 |
| Beauty Salon | $49.92 | $45.56 |
Detailed Nantucket Groceries costs vs. Massachusetts
| Item | Nantucket | Massachusetts |
|---|---|---|
| Ground Beef | $5.85 | $5.84 |
| Fried Chicken | $1.43 | $1.57 |
| Milk | $4.74 | $4.67 |
| Potatoes | $5.0 | $4.93 |
| Pizza | $11.59 | $12.09 |
| Beer | $10.74 | $10.41 |
| Toothpaste | $3.46 | $3.7 |
Detailed Nantucket Health costs vs. Massachusetts
| Item | Nantucket | Massachusetts |
|---|---|---|
| Optometrist | $104.45 | $125.68 |
| Doctor | $169.83 | $135.78 |
| Dentist | $130.28 | $113.29 |
Detailed Nantucket Transportation costs vs. Massachusetts
| Item | Nantucket | Massachusetts |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $48.2 | $59.92 |
Detailed Nantucket Utilities costs vs. Massachusetts
| Item | Nantucket | Massachusetts |
|---|---|---|
| All Electricity | $230.62 | $193.99 |
| Phone | $195.18 | $192.25 |
Nantucket SnackAbility
Cost Of Living In Cities Around Nantucket
The cost of living varies in the cities and towns around Nantucket. Here's a quick look at the cost of living in the most populous nearby places:
South Yarmouth, MA has a cost of living index of 132, 0.6x Nantucket.
East Falmouth, MA has a cost of living index of 139, 0.6x Nantucket.
West Yarmouth, MA has a cost of living index of 131, 0.6x Nantucket.
| City | Population | Cost Of Living | Vs. Nantucket |
|---|---|---|---|
| South Yarmouth, MA | 11,552 | 132 | 0.6x |
| East Falmouth, MA | 6,245 | 139 | 0.6x |
| West Yarmouth, MA | 6,194 | 131 | 0.6x |
| Bliss Corner, MA | 5,405 | 126 | 0.6x |
