Cost of living in South Yarmouth 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 South Yarmouth 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 South Yarmouth is 126, with 100 being the average.
The cost of living index in South Yarmouth is 1.3x higher than the national average.
South Yarmouth ranks as the #41 cheapest in Massachusetts out of 113.
South Yarmouth ranks as the #5,091 cheapest out of 6,412 in the US.
The median home value in South Yarmouth is $363,000.
The median income in South Yarmouth is $72,759.
According to the most recent data on the cost of living, South Yarmouth has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to Massachusetts, South Yarmouth has a cost of living index that's 0.9x lower than Massachusetts's index of 143.
The standard of living in South Yarmouth ranks as #41 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies South Yarmouth ranks as the #72 most expensive place in the Bay State.
For more reading on life in South Yarmouth, check out:
Six factors go into calculating the cost of living index in South Yarmouth. Here is how it fairs on each of the criteria:
The Services index in South Yarmouth is 119.
The Groceries index in South Yarmouth is 109.
The Health index in South Yarmouth is 105.
The Housing index in South Yarmouth is 144.
The Transportation index in South Yarmouth is 107.
The Utilities index in South Yarmouth is 127.
|Living Expense||South Yarmouth||Massachusetts||National Average|
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 2017-2021. The key points are:
The Median Home Value in South Yarmouth is $363,000.
The Median Rent in South Yarmouth is $1,619.
The Median Income in South Yarmouth is $72,759.
The Home Value To Income in South Yarmouth is 5.0x.
The Rent To Monthly Income in South Yarmouth is 0.27x.
|Statistic||South Yarmouth||Massachusetts||United States|
|Median Home Value||$363,000||$424,700||$244,900|
|Home Value To Income||5.0x||4.8x||3.5x|
|Rent To Monthly Income||0.27x||0.19x||0.2x|
The cost of living varies in the cities and towns around South Yarmouth. Here's a quick look at the cost of living in the most populous nearby places:
Somerset, MA has a cost of living index of 121, 1.0x South Yarmouth.
Abington, MA has a cost of living index of 132, 1.0x South Yarmouth.
Nantucket, MA has a cost of living index of 198, 1.6x South Yarmouth.
|City||Population||Cost Of Living||Vs. South Yarmouth|
|East Falmouth, MA||6,739||135||1.1x|
|West Yarmouth, MA||6,124||126||1.0x|
|Yarmouth Port, MA||5,872||130||1.0x|
|Bliss Corner, MA||5,529||117||0.9x|
|North Scituate, MA||5,519||171||1.4x|