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.
|Living Expense||Needham||Massachusetts||National Average|
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.
|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|