Stoneham, MA Cost Of Living
Stoneham's Overall Cost Of Living
Higher Than The National Average
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.
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 | |
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 |
Stoneham SnackAbility
/10
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 |
