Fall River, MA Cost Of Living

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Updated: 2020-03-08
Fall River'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 Fall River is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Fall River, MA?

According to the most recent data on the cost of living, Fall River has an overall cost of living index of 112 which is 1.1x higher than the national index of 100.

Compared to only Massachusetts, Fall River has a cost of living index that's 0.9x lower than Massachusetts's index of 131.

The standard of living in Fall River ranks as #4292 most affordable out of the 6522 places we measured in Massachusetts. By definition, that implies Fall River ranks as the #2114 most expensive place in the Bay State.

Fall River Cost Of Living Vs. Massachusetts

Living Expense Fall River Massachusetts National Average
Overall 112 131 100
Services 115 122 100
Groceries 105 109 100
Health 107 121 100
Housing 110 165 100
Transportation 110 107 100
Utilities 124 114 100
For more reading on cost of living around Massachusetts, check out:
Fall River Cost of Living Vs. MA

Fall River, 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 Fall River Massachusetts United States
Median Home Value $238,100 $366,800 $204,900
Median Rent $783 $1,225 $1,023
Median Income $41,585 $77,378 $60,293
Home Value To Income 5.7x 4.7x 3.4x
Rent To Monthly Income 0.23x 0.19x 0.2x

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Cost Of Living In Cities Around Fall River

City Population Cost Of Living Vs. Fall River
Providence, RI 179,435 108 1.0x
New Bedford, MA 95,117 110 1.0x
Pawtucket, RI 71,756 107 1.0x
Taunton, MA 56,963 115 1.0x
Attleboro, MA 44,548 119 1.1x
Central Falls, RI 19,382 104 0.9x
Somerset, MA 18,207 119 1.1x
Bridgewater, MA 9,255 124 1.1x
Tiverton, RI 7,757 116 1.0x
Bliss Corner, MA 5,137 116 1.0x

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