Needham, MA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
180
Needham's Overall Cost Of Living
1.8x
Higher Than The National Average
105 out of 113
In Massachusetts
6,208 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 Needham is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Needham, MA?

According to the most recent data on the cost of living, Needham has an overall cost of living index of 180 which is 1.8x higher than the national index of 100.

Compared to only Massachusetts, Needham has a cost of living index that's 1.4x higher than Massachusetts's index of 132.

The standard of living in Needham ranks as #6,214 most affordable out of the 6,418 places we measured in Massachusetts. By definition, that implies Needham ranks as the #205 most expensive place in the Bay State.

For more reading on life in Needham, check out:

Needham Cost Of Living Vs. Massachusetts

Living Expense Needham Massachusetts National Average
Overall 180 132 100
Services 130 119 100
Groceries 111 112 100
Health 119 123 100
Housing 320 164 100
Transportation 113 109 100
Utilities 120 116 100
For more reading on cost of living around Massachusetts, check out:
Needham Cost of Living Vs. MA

Needham, 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.

$900,200
Median Home Value
$1,604
Median Rent
$174,707
Median Income
Statistic Needham Massachusetts United States
Median Home Value $900,200 $398,800 $229,800
Median Rent $1,604 $1,336 $1,096
Median Income $174,707 $84,385 $64,994
Home Value To Income 5.2x 4.7x 3.5x
Rent To Monthly Income 0.11x 0.19x 0.2x

Detailed Needham Services Costs Vs. Massachusetts

Item Needham Massachusetts
Shampoo $1.02 $1.06
Movie $12.55 $10.68
Bowling $5.61 $14.67

Detailed Needham Groceries Costs Vs. Massachusetts

Item Needham Massachusetts
Ground Beef $3.34 $4.22
Fried Chicken $1.71 $1.39
Milk $2.49 $2.05

Detailed Needham Health Costs Vs. Massachusetts

Item Needham Massachusetts
Haircut $16.68 $18.62
Beauty Salon $50.37 $39.05
Toothpaste $2.75 $2.34

Detailed Needham Transportation Costs Vs. Massachusetts

Item Needham Massachusetts
Potatoes $3.3 $3.29
Pizza $11.3 $10.62
Beer $9.6 $9.38
Optometrist $136.98 $108.57
Doctor $151.91 $116.17
Dentist $110.63 $99.13

Detailed Needham Utilities Costs Vs. Massachusetts

Item Needham Massachusetts
Gasoline $2.42 $2.22
Tire Balancing $59.24 $50.07
All Electricity $217.29 $167.67
Phone $31.08 $175.64

Needham SnackAbility

7
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9.5
Affordability
8
Diversity
7
Safety
9
Amenities
9
Education
9.5
Commute
4

Cost Of Living In Cities Around Needham

City Population Cost Of Living Vs. Needham
Newton, MA 88,322 192 1.1x
Waltham, MA 62,597 150 0.8x
Brookline, MA 59,223 191 1.1x
Arlington, MA 45,379 162 0.9x
Lexington, MA 33,304 190 1.1x
Norwood, MA 29,446 143 0.8x
Wellesley, MA 28,747 216 1.2x
Dedham, MA 25,330 141 0.8x
Reading, MA 25,236 152 0.8x
Winchester, MA 22,760 190 1.1x

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