What is the cost of living in Spencer, MA?
According to the most recent data on the cost of living, Spencer has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Massachusetts, Spencer has a cost of living index that's 0.9x lower than Massachusetts's index of 130.
The standard of living in Spencer ranks as #13 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Spencer ranks as the #100 most expensive place in the Bay State.
For more reading on life in Spencer, check out:
Spencer Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Spencer. Here is how it fares on each of the criteria:
The Services index in Spencer is 112.
The Groceries index in Spencer is 120.
The Health index in Spencer is 116.
The Housing index in Spencer is 122.
The Transportation index in Spencer is 119.
The Utilities index in Spencer is 113.
| Living Expense | Spencer | Massachusetts | National Average |
|---|---|---|---|
| Overall | 115 | 130 | 100 |
| Services | 112 | 110 | 100 |
| Groceries | 120 | 115 | 100 |
| Health | 116 | 168 | 100 |
| Housing | 122 | 117 | 100 |
| Transportation | 119 | 115 | 100 |
| Utilities | 113 | 114 | 100 |
Spencer 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
Spencer, 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 Spencer is $432,975.
The Median Rent in Spencer is $1,049.
The Median Income in Spencer is $59,931.
The Home Value To Income in Spencer is 7.2x.
The Rent To Monthly Income in Spencer is 0.21x.
| Statistic | Spencer | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $432,975 | $656,690 | $332,700 |
| Median Rent | $1,049 | $1,762 | $1,413 |
| Median Income | $59,931 | $103,960 | $80,734 |
| Home Value To Income | 7.2x | 6.3x | 4.1x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Spencer, MA Costs By Category
Detailed Spencer Services costs vs. Massachusetts
| Item | Spencer | 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 Spencer Groceries costs vs. Massachusetts
| Item | Spencer | 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 Spencer Health costs vs. Massachusetts
| Item | Spencer | Massachusetts |
|---|---|---|
| Optometrist | $104.45 | $125.68 |
| Doctor | $169.83 | $135.78 |
| Dentist | $130.28 | $113.29 |
Detailed Spencer Transportation costs vs. Massachusetts
| Item | Spencer | Massachusetts |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $48.2 | $59.92 |
Detailed Spencer Utilities costs vs. Massachusetts
| Item | Spencer | Massachusetts |
|---|---|---|
| All Electricity | $230.62 | $193.99 |
| Phone | $195.18 | $192.25 |
Spencer SnackAbility
Cost Of Living In Cities Around Spencer
The cost of living varies in the cities and towns around Spencer. Here's a quick look at the cost of living in the most populous nearby places:
Worcester, MA has a cost of living index of 119, 1.0x Spencer.
Webster, MA has a cost of living index of 114, 1.0x Spencer.
Clinton, MA has a cost of living index of 119, 1.0x Spencer.
| City | Population | Cost Of Living | Vs. Spencer |
|---|---|---|---|
| Worcester, MA | 207,055 | 119 | 1.0x |
| Webster, MA | 12,228 | 114 | 1.0x |
| Clinton, MA | 7,658 | 119 | 1.0x |
| Whitinsville, MA | 7,115 | 122 | 1.1x |
| Northborough, MA | 6,392 | 140 | 1.2x |
| Ware, MA | 6,369 | 112 | 1.0x |
| Oxford, MA | 5,671 | 118 | 1.0x |
