The cost of living in Lakeville, MA, exceeds the nationwide average in several key areas. Housing costs 20% higher, and transportation costs 10% higher than the average. Groceries, utilities, healthcare, and miscellaneous expenses are slightly above or at the national average, making Lakeville a place where certain expenses are notably higher.
The cost of living in Lakeville, MA, shows some notable differences when compared to the nationwide average. Housing costs in Lakeville stand at 120, which is 20% higher than the national average. This means that the price of renting or buying a home in Lakeville is significantly steeper for residents. Groceries in Lakeville are priced at 102, which is 2% higher than the national average. This slight increase suggests that food expenses are only marginally more expensive than in other parts of the country.
Utilities in Lakeville are at 95, which is 5% lower than the national average. This indicates that residents may find their utility bills to be slightly more affordable compared to the rest of the country. Transportation costs are at 110, which is 10% higher than the national average. This means that commuting and other transportation-related expenses are more costly in Lakeville. Healthcare costs in Lakeville are at 105, which is 5% higher than the national average. This indicates that medical expenses are somewhat more expensive for residents. Miscellaneous costs in Lakeville are at 100, matching the national average. This suggests that other miscellaneous expenses are about the same as the rest of the country.
