Taunton, MA Cost Of Living
Cost Of Living In Taunton, MA Summary
Cost of living in Taunton 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 Taunton 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 Taunton is 120, with 100 being the average.
The cost of living index in Taunton is 1.2x higher than the national average.
Taunton ranks as the #23 cheapest in Massachusetts out of 112.
Taunton ranks as the #4,411 cheapest out of 6,489 in the US.
The median home value in Taunton is $502,610.
The median income in Taunton is $79,715.
Table Of Contents
Taunton's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Taunton, MA?
According to the most recent data on the cost of living, Taunton has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Massachusetts, Taunton has a cost of living index that's 0.9x lower than Massachusetts's index of 134.
The standard of living in Taunton ranks as #23 most affordable out of the 112 places we measured in Massachusetts. By definition, that implies Taunton ranks as the #89 most expensive place in the Bay State.
For more reading on life in Taunton, check out:
In Massachusetts
In America
Taunton Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Taunton. Here is how it fairs on each of the criteria:
The Services index in Taunton is 116.
The Groceries index in Taunton is 103.
The Health index in Taunton is 110.
The Housing index in Taunton is 141.
The Transportation index in Taunton is 92.
The Utilities index in Taunton is 111.
| Living Expense | Taunton | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 120 | 134 | 100 | |
| Services | 116 | 121 | 100 | |
| Groceries | 103 | 106 | 100 | |
| Health | 110 | 112 | 100 | |
| Housing | 141 | 164 | 100 | |
| Transportation | 92 | 120 | 100 | |
| Utilities | 111 | 136 | 100 | |
Taunton, 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 Taunton is $502,610.
The Median Rent in Taunton is $1,269.
The Median Income in Taunton is $79,715.
The Home Value To Income in Taunton is 6.3x.
The Rent To Monthly Income in Taunton is 0.19x.
| Statistic | Taunton | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $502,610 | $649,115 | $303,400 |
| Median Rent | $1,269 | $1,687 | $1,348 |
| Median Income | $79,715 | $101,341 | $78,538 |
| Home Value To Income | 6.3x | 6.4x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Taunton, MA Costs By Category
Detailed Taunton Services Costs Vs. Massachusetts
| Item | Taunton | 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 Taunton Groceries Costs Vs. Massachusetts
| Item | Taunton | 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 Taunton Health Costs Vs. Massachusetts
| Item | Taunton | Massachusetts |
|---|---|---|
| Optometrist | $104.45 | $125.68 |
| Doctor | $169.83 | $135.78 |
| Dentist | $130.28 | $113.29 |
Detailed Taunton Transportation Costs Vs. Massachusetts
| Item | Taunton | Massachusetts |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $48.2 | $59.92 |
Detailed Taunton Utilities Costs Vs. Massachusetts
| Item | Taunton | Massachusetts |
|---|---|---|
| All Electricity | $230.62 | $193.99 |
| Phone | $195.18 | $192.25 |
Taunton SnackAbility
/10
Cost Of Living In Cities Around Taunton
The cost of living varies in the cities and towns around Taunton. Here's a quick look at the cost of living in the most populous nearby places:
Fall River, MA has a cost of living index of 113, 0.9x Taunton.
Southfield, MI has a cost of living index of 101, 0.8x Taunton.
Attleboro, MA has a cost of living index of 124, 1.0x Taunton.
| City | Population | Cost Of Living | Vs. Taunton |
|---|---|---|---|
| Fall River, MA | 93,764 | 113 | 0.9x |
| Southfield, MI | 76,025 | 101 | 0.8x |
| Attleboro, MA | 46,499 | 124 | 1.0x |
| Central Falls, RI | 22,481 | 103 | 0.9x |
| Somerset, MA | 18,246 | 120 | 1.0x |
| Abington, MA | 17,008 | 139 | 1.2x |
| Middleborough Center, MA | 8,064 | 127 | 1.1x |
| Mansfield Center, MA | 7,232 | 128 | 1.1x |
| Foxborough, MA | 6,356 | 132 | 1.1x |
| Sharon, MA | 6,022 | 154 | 1.3x |
