Marblehead, MA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Marblehead, MA Summary

Cost of living in Marblehead 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 Marblehead 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 Marblehead is 165, with 100 being the average.

  • The cost of living index in Marblehead is 1.6x higher than the national average.

  • Marblehead ranks as the #99 cheapest in Massachusetts out of 113.

  • Marblehead ranks as the #6,069 cheapest out of 6,412 in the US.

  • The median home value in Marblehead is $766,100.

  • The median income in Marblehead is $154,049.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
165
Marblehead's Overall Cost Of Living
1.6x
Higher Than The National Average

What is the cost of living in Marblehead, MA?

According to the most recent data on the cost of living, Marblehead has an overall cost of living index of 165, which is 1.6x higher than the national index of 100.

Compared to Massachusetts, Marblehead has a cost of living index that's 1.2x higher than Massachusetts's index of 143.

The standard of living in Marblehead ranks as #99 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Marblehead ranks as the #14 most expensive place in the Bay State.

For more reading on life in Marblehead, check out:

99 out of 113
In Massachusetts
6,069 out of 6,412
In America

Marblehead Cost Of Living Vs. Massachusetts

Six factors go into calculating the cost of living index in Marblehead. Here is how it fairs on each of the criteria:

  • The Services index in Marblehead is 126.

  • The Groceries index in Marblehead is 115.

  • The Health index in Marblehead is 122.

  • The Housing index in Marblehead is 269.

  • The Transportation index in Marblehead is 108.

  • The Utilities index in Marblehead is 122.

Living Expense Marblehead Massachusetts National Average
Overall 165 143 100
Services 126 126 100
Groceries 115 108 100
Health 122 117 100
Housing 269 202 100
Transportation 108 114 100
Utilities 122 123 100
For more reading on cost of living around Massachusetts, check out:
Marblehead Cost of Living Vs. MA

Marblehead, 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 2017-2021. The key points are:

  • The Median Home Value in Marblehead is $766,100.

  • The Median Rent in Marblehead is $1,567.

  • The Median Income in Marblehead is $154,049.

  • The Home Value To Income in Marblehead is 5.0x.

  • The Rent To Monthly Income in Marblehead is 0.12x.

Statistic Marblehead Massachusetts United States
Median Home Value $766,100 $424,700 $244,900
Median Rent $1,567 $1,429 $1,163
Median Income $154,049 $89,026 $69,021
Home Value To Income 5.0x 4.8x 3.5x
Rent To Monthly Income 0.12x 0.19x 0.2x
Search Homes For Sale In Marblehead, MA
$766,100
Median Home Value
$1,567
Median Rent
$154,049
Median Income

Marblehead, MA Costs By Category

Detailed Marblehead Services Costs Vs. Massachusetts

Item Marblehead Massachusetts
Shampoo $1.0 $1.06
Movie $14.43 $10.68
Bowling $21.0 $14.67
Haircut $34.97 $18.62
Beauty Salon $64.17 $39.05

Detailed Marblehead Groceries Costs Vs. Massachusetts

Item Marblehead Massachusetts
Ground Beef $3.74 $4.22
Fried Chicken $1.64 $1.39
Milk $2.27 $2.05
Potatoes $4.02 $3.29
Pizza $11.16 $10.62
Beer $9.29 $9.38
Toothpaste $2.3 $2.34

Detailed Marblehead Health Costs Vs. Massachusetts

Item Marblehead Massachusetts
Optometrist $102.75 $108.57
Doctor $194.0 $116.17
Dentist $108.27 $99.13

Detailed Marblehead Transportation Costs Vs. Massachusetts

Item Marblehead Massachusetts
Gasoline $2.19 $2.22
Tire Balancing $64.47 $50.07

Detailed Marblehead Utilities Costs Vs. Massachusetts

Item Marblehead Massachusetts
All Electricity $233.87 $167.67
Phone $181.11 $175.64

Marblehead SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9.5
Affordability
7
Diversity
5
Safety
8.5
Amenities
9
Education
10
Commute
3

Cost Of Living In Cities Around Marblehead

The cost of living varies in the cities and towns around Marblehead. Here's a quick look at the cost of living in the most populous nearby places:

  • Cambridge, MA has a cost of living index of 172, 1.0x Marblehead.

  • Lynn, MA has a cost of living index of 126, 0.8x Marblehead.

  • Brookline, MA has a cost of living index of 191, 1.2x Marblehead.

City Population Cost Of Living Vs. Marblehead
Cambridge, MA 116,892 172 1.0x
Lynn, MA 100,233 126 0.8x
Brookline, MA 62,620 191 1.2x
Revere, MA 60,720 134 0.8x
Peabody, MA 54,200 137 0.8x
Arlington, MA 46,045 162 1.0x
Salem, MA 44,452 132 0.8x
Beverly, MA 42,448 139 0.8x
Melrose, MA 29,567 145 0.9x
Saugus, MA 28,521 138 0.8x

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