Cost of living in Winthrop Town 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 Winthrop Town 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 Winthrop Town is 138, with 100 being the average.
The cost of living index in Winthrop Town is 1.4x higher than the national average.
Winthrop Town ranks as the #67 cheapest in Massachusetts out of 113.
Winthrop Town ranks as the #5,521 cheapest out of 6,412 in the US.
The median home value in Winthrop Town is $516,700.
The median income in Winthrop Town is $86,780.
According to the most recent data on the cost of living, Winthrop Town has an overall cost of living index of 138, which is 1.4x higher than the national index of 100.
Compared to Massachusetts, Winthrop Town has a cost of living index that's 1.0x lower than Massachusetts's index of 143.
The standard of living in Winthrop Town ranks as #67 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Winthrop Town ranks as the #46 most expensive place in the Bay State.
For more reading on life in Winthrop Town, check out:
Six factors go into calculating the cost of living index in Winthrop Town. Here is how it fairs on each of the criteria:
The Services index in Winthrop Town is 125.
The Groceries index in Winthrop Town is 115.
The Health index in Winthrop Town is 123.
The Housing index in Winthrop Town is 181.
The Transportation index in Winthrop Town is 108.
The Utilities index in Winthrop Town is 120.
|Living Expense||Winthrop Town||Massachusetts||National Average|
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 2017-2021. The key points are:
The Median Home Value in Winthrop Town is $516,700.
The Median Rent in Winthrop Town is $1,656.
The Median Income in Winthrop Town is $86,780.
The Home Value To Income in Winthrop Town is 6.0x.
The Rent To Monthly Income in Winthrop Town is 0.23x.
|Statistic||Winthrop Town||Massachusetts||United States|
|Median Home Value||$516,700||$424,700||$244,900|
|Home Value To Income||6.0x||4.8x||3.5x|
|Rent To Monthly Income||0.23x||0.19x||0.2x|