Milton, MA Cost Of Living

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

Cost Of Living In Milton, MA Summary

Cost of living in Milton 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 Milton 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 Milton is 156, with 100 being the average.

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

  • Milton ranks as the #95 cheapest in Massachusetts out of 113.

  • Milton ranks as the #5,945 cheapest out of 6,412 in the US.

  • The median home value in Milton is $710,700.

  • The median income in Milton is $153,971.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
156
Milton's Overall Cost Of Living
1.6x
Higher Than The National Average

What is the cost of living in Milton, MA?

According to the most recent data on the cost of living, Milton has an overall cost of living index of 156, which is 1.6x higher than the national index of 100.

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

The standard of living in Milton ranks as #95 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Milton ranks as the #18 most expensive place in the Bay State.

For more reading on life in Milton, check out:

95 out of 113
In Massachusetts
5,945 out of 6,412
In America

Milton Cost Of Living Vs. Massachusetts

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

  • The Services index in Milton is 128.

  • The Groceries index in Milton is 114.

  • The Health index in Milton is 122.

  • The Housing index in Milton is 237.

  • The Transportation index in Milton is 110.

  • The Utilities index in Milton is 124.

Living Expense Milton Massachusetts National Average
Overall 156 143 100
Services 128 126 100
Groceries 114 108 100
Health 122 117 100
Housing 237 202 100
Transportation 110 114 100
Utilities 124 123 100
For more reading on cost of living around Massachusetts, check out:
Milton Cost of Living Vs. MA

Milton, 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 Milton is $710,700.

  • The Median Rent in Milton is $1,276.

  • The Median Income in Milton is $153,971.

  • The Home Value To Income in Milton is 4.6x.

  • The Rent To Monthly Income in Milton is 0.1x.

Statistic Milton Massachusetts United States
Median Home Value $710,700 $424,700 $244,900
Median Rent $1,276 $1,429 $1,163
Median Income $153,971 $89,026 $69,021
Home Value To Income 4.6x 4.8x 3.5x
Rent To Monthly Income 0.1x 0.19x 0.2x
Search Homes For Sale In Milton, MA
$710,700
Median Home Value
$1,276
Median Rent
$153,971
Median Income

Milton, MA Costs By Category

Detailed Milton Services Costs Vs. Massachusetts

Item Milton 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 Milton Groceries Costs Vs. Massachusetts

Item Milton 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 Milton Health Costs Vs. Massachusetts

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

Detailed Milton Transportation Costs Vs. Massachusetts

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

Detailed Milton Utilities Costs Vs. Massachusetts

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

Milton SnackAbility

7
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
8
Diversity
8.5
Safety
9
Amenities
9
Education
9
Commute
4

Cost Of Living In Cities Around Milton

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

  • Boston, MA has a cost of living index of 148, 0.9x Milton.

  • Quincy, MA has a cost of living index of 139, 0.9x Milton.

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

City Population Cost Of Living Vs. Milton
Boston, MA 672,814 148 0.9x
Quincy, MA 100,544 139 0.9x
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 1.2x
Norwood, MA 31,256 143 0.9x
Wellesley, MA 29,365 216 1.4x
Belmont, MA 27,056 181 1.2x

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