Cohasset, MA has a higher cost of living compared to the nationwide average, with an overall index of 126. This means living expenses in Cohasset are 26% higher than the national average. Housing stands out with a significant increase, as it is 45% higher than the average, reflecting a particularly costly aspect of living in this town.
Cohasset, MA, has a cost of living index that reflects higher living expenses compared to the nationwide average. For instance, housing costs in Cohasset are 45% above the national average, with an index of 145. This means that expenses such as rent or mortgage payments are significantly higher for residents in Cohasset compared to the average American household. Additionally, groceries show a 25% increase, with an index of 125, indicating that the cost to buy food is higher in this area.
Utilities, however, are just 2% above the nationwide average, with an index of 102. This shows that expenses related to electricity, gas, water, and other services are nearly in line with national costs. Transportation costs in Cohasset are 10% higher, with an index of 110, reflecting increased expenses for gasoline or public transit. Healthcare costs are also higher, at 30% above the national average, with an index of 130. Lastly, miscellaneous expenses are 15% higher, with an index of 115, covering various smaller costs like entertainment and personal care items. Together, these indices illustrate the overall higher cost of living in Cohasset, MA, compared to the national average.
