Southbridge Town, MA Cost Of Living
Cost Of Living In Southbridge Town, MA Summary
Cost of living in Southbridge 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 Southbridge 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 Southbridge Town is 110, with 100 being the average.
The cost of living index in Southbridge Town is 1.1x higher than the national average.
Southbridge Town ranks as the #12 cheapest in Massachusetts out of 112.
Southbridge Town ranks as the #3,657 cheapest out of 6,489 in the US.
The median home value in Southbridge Town is $329,619.
The median income in Southbridge Town is $59,397.
Table Of Contents
Southbridge Town's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Southbridge Town, MA?
According to the most recent data on the cost of living, Southbridge Town has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Massachusetts, Southbridge Town has a cost of living index that's 0.8x lower than Massachusetts's index of 134.
The standard of living in Southbridge Town ranks as #12 most affordable out of the 112 places we measured in Massachusetts. By definition, that implies Southbridge Town ranks as the #100 most expensive place in the Bay State.
For more reading on life in Southbridge Town, check out:
In Massachusetts
In America
Southbridge Town Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Southbridge Town. Here is how it fairs on each of the criteria:
The Services index in Southbridge Town is 117.
The Groceries index in Southbridge Town is 100.
The Health index in Southbridge Town is 109.
The Housing index in Southbridge Town is 108.
The Transportation index in Southbridge Town is 94.
The Utilities index in Southbridge Town is 114.
| Living Expense | Southbridge Town | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 110 | 134 | 100 | |
| Services | 117 | 121 | 100 | |
| Groceries | 100 | 106 | 100 | |
| Health | 109 | 112 | 100 | |
| Housing | 108 | 164 | 100 | |
| Transportation | 94 | 120 | 100 | |
| Utilities | 114 | 136 | 100 | |
Southbridge 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 Southbridge Town is $329,619.
The Median Rent in Southbridge Town is $1,157.
The Median Income in Southbridge Town is $59,397.
The Home Value To Income in Southbridge Town is 5.5x.
The Rent To Monthly Income in Southbridge Town is 0.23x.
| Statistic | Southbridge Town | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $329,619 | $649,115 | $303,400 |
| Median Rent | $1,157 | $1,687 | $1,348 |
| Median Income | $59,397 | $101,341 | $78,538 |
| Home Value To Income | 5.5x | 6.4x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Southbridge Town, MA Costs By Category
Detailed Southbridge Town Services Costs Vs. Massachusetts
| Item | Southbridge Town | 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 Southbridge Town Groceries Costs Vs. Massachusetts
| Item | Southbridge Town | 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 Southbridge Town Health Costs Vs. Massachusetts
| Item | Southbridge Town | Massachusetts |
|---|---|---|
| Optometrist | $104.45 | $125.68 |
| Doctor | $169.83 | $135.78 |
| Dentist | $130.28 | $113.29 |
Detailed Southbridge Town Transportation Costs Vs. Massachusetts
| Item | Southbridge Town | Massachusetts |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $48.2 | $59.92 |
Detailed Southbridge Town Utilities Costs Vs. Massachusetts
| Item | Southbridge Town | Massachusetts |
|---|---|---|
| All Electricity | $230.62 | $193.99 |
| Phone | $195.18 | $192.25 |
Southbridge Town SnackAbility
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