Stoneham, MA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2020-03-08
Stoneham's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Stoneham is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Stoneham, MA?

According to the most recent data on the cost of living, Stoneham has an overall cost of living index of 145 which is 1.4x higher than the national index of 100.

Compared to only Massachusetts, Stoneham has a cost of living index that's 1.1x higher than Massachusetts's index of 131.

The standard of living in Stoneham ranks as #5724 most affordable out of the 6522 places we measured in Massachusetts. By definition, that implies Stoneham ranks as the #682 most expensive place in the Bay State.

For more reading on life in Stoneham, check out:

Stoneham Cost Of Living Vs. Massachusetts

Living Expense Stoneham Massachusetts National Average
Overall 145 131 100
Services 130 122 100
Groceries 108 109 100
Health 118 121 100
Housing 204 165 100
Transportation 111 107 100
Utilities 115 114 100
For more reading on cost of living around Massachusetts, check out:
Stoneham Cost of Living Vs. MA

Stoneham, 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.

Median Home Value
Median Rent
Median Income
Statistic Stoneham Massachusetts United States
Median Home Value $460,800 $366,800 $204,900
Median Rent $1,477 $1,225 $1,023
Median Income $94,835 $77,378 $60,293
Home Value To Income 4.9x 4.7x 3.4x
Rent To Monthly Income 0.19x 0.19x 0.2x

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Cost Of Living In Cities Around Stoneham

City Population Cost Of Living Vs. Stoneham
Newton, MA 88,660 190 1.3x
Malden, MA 61,094 135 0.9x
Brookline, MA 59,234 189 1.3x
Medford, MA 57,771 146 1.0x
Arlington, MA 45,147 160 1.1x
Woburn, MA 40,298 140 1.0x
Lexington, MA 33,480 189 1.3x
Needham, MA 30,735 181 1.2x
Wellesley, MA 29,201 214 1.5x
Saugus, MA 28,158 135 0.9x

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