The cost of living index in Hopkinton, MA, shows a 30% increase over the nationwide average, with housing costs being the highest at 30% more. The other categories such as groceries, utilities, transportation, healthcare, and miscellaneous each show an average increase of 10–15%. This data suggests that living in Hopkinton, MA, generally involves higher expenses across various sectors compared to the national average.
The cost of living in Hopkinton, MA, exceeds the nationwide average in several key areas, according to recent data. For housing, the index stands at 130, meaning housing costs are 30% higher than the national average. This increase suggests that finding affordable housing may be challenging for those relocating to Hopkinton.
Other areas also show elevated costs. Groceries in Hopkinton cost 10% more than the average, with an index of 110. Utilities, including electricity, gas, and water, are 5% higher, reflecting an index of 105. Additionally, transportation costs are 15% above the national average, with an index of 115. These factors indicate that living expenses in Hopkinton, MA, are notably higher in multiple categories, making it essential for job seekers to consider these costs in their relocation decisions.