According to the most recent data on the cost of living, Wakefield has an overall cost of living index of 145 which is 1.4x higher than the national index of 100.
Compared to only Massachusetts, Wakefield has a cost of living index that's 1.1x higher than Massachusetts's index of 131.
The standard of living in Wakefield ranks as #5,724 most affordable out of the 6,522 places we measured in Massachusetts. By definition, that implies Wakefield ranks as the #682 most expensive place in the Bay State.
|Living Expense||Wakefield||Massachusetts||National Average|
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.
|City||Population||Cost Of Living||Vs. Wakefield|