Medfield, MA Cost Of Living

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

Cost Of Living In Medfield, MA Summary

Cost of living in Medfield 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 Medfield 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 Medfield is 157, with 100 being the average.

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

  • Medfield ranks as the #96 cheapest in Massachusetts out of 113.

  • Medfield ranks as the #5,961 cheapest out of 6,412 in the US.

  • The median home value in Medfield is $687,900.

  • The median income in Medfield is $169,750.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
157
Medfield's Overall Cost Of Living
1.6x
Higher Than The National Average

What is the cost of living in Medfield, MA?

According to the most recent data on the cost of living, Medfield has an overall cost of living index of 157, which is 1.6x higher than the national index of 100.

Compared to Massachusetts, Medfield has a cost of living index that's 1.1x higher than Massachusetts's index of 143.

The standard of living in Medfield ranks as #96 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Medfield ranks as the #17 most expensive place in the Bay State.

For more reading on life in Medfield, check out:

96 out of 113
In Massachusetts
5,961 out of 6,412
In America

Medfield Cost Of Living Vs. Massachusetts

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

  • The Services index in Medfield is 130.

  • The Groceries index in Medfield is 112.

  • The Health index in Medfield is 121.

  • The Housing index in Medfield is 239.

  • The Transportation index in Medfield is 115.

  • The Utilities index in Medfield is 122.

Living Expense Medfield Massachusetts National Average
Overall 157 143 100
Services 130 126 100
Groceries 112 108 100
Health 121 117 100
Housing 239 202 100
Transportation 115 114 100
Utilities 122 123 100
For more reading on cost of living around Massachusetts, check out:
Medfield Cost of Living Vs. MA

Medfield, 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 Medfield is $687,900.

  • The Median Rent in Medfield is $1,337.

  • The Median Income in Medfield is $169,750.

  • The Home Value To Income in Medfield is 4.1x.

  • The Rent To Monthly Income in Medfield is 0.09x.

Statistic Medfield Massachusetts United States
Median Home Value $687,900 $424,700 $244,900
Median Rent $1,337 $1,429 $1,163
Median Income $169,750 $89,026 $69,021
Home Value To Income 4.1x 4.8x 3.5x
Rent To Monthly Income 0.09x 0.19x 0.2x
Search Homes For Sale In Medfield, MA
$687,900
Median Home Value
$1,337
Median Rent
$169,750
Median Income

Medfield, MA Costs By Category

Detailed Medfield Services Costs Vs. Massachusetts

Item Medfield Massachusetts
Shampoo $1.02 $1.06
Movie $12.55 $10.68
Bowling $5.61 $14.67
Haircut $16.68 $18.62
Beauty Salon $50.37 $39.05

Detailed Medfield Groceries Costs Vs. Massachusetts

Item Medfield Massachusetts
Ground Beef $3.34 $4.22
Fried Chicken $1.71 $1.39
Milk $2.49 $2.05
Potatoes $3.3 $3.29
Pizza $11.3 $10.62
Beer $9.6 $9.38
Toothpaste $2.75 $2.34

Detailed Medfield Health Costs Vs. Massachusetts

Item Medfield Massachusetts
Optometrist $136.98 $108.57
Doctor $151.91 $116.17
Dentist $110.63 $99.13

Detailed Medfield Transportation Costs Vs. Massachusetts

Item Medfield Massachusetts
Gasoline $2.42 $2.22
Tire Balancing $59.24 $50.07

Detailed Medfield Utilities Costs Vs. Massachusetts

Item Medfield Massachusetts
All Electricity $217.29 $167.67
Phone $31.08 $175.64

Medfield SnackAbility

6
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
8
Diversity
6
Safety
9
Amenities
8
Education
10
Commute
3

Cost Of Living In Cities Around Medfield

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

  • Newton, MA has a cost of living index of 192, 1.2x Medfield.

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

  • Arlington, MA has a cost of living index of 162, 1.0x Medfield.

City Population Cost Of Living Vs. Medfield
Newton, MA 88,647 192 1.2x
Brookline, MA 62,620 191 1.2x
Arlington, MA 46,045 162 1.0x
Lexington, MA 34,235 190 1.2x
Needham, MA 31,808 180 1.1x
Norwood, MA 31,256 143 0.9x
Wellesley, MA 29,365 216 1.4x
Belmont, MA 27,056 181 1.2x
Dedham, MA 25,308 141 0.9x
West Concord, MA 7,003 172 1.1x

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