The cost of living in Lakeville, MA, exceeds the nationwide average in several key areas. Housing costs are 15% higher, while groceries and miscellaneous expenses are 3% and 10% higher, respectively. Utilities and transportation are slightly below the national average, with utilities at 2% less and transportation at 5% less. Healthcare costs align with the national average.
The cost of living in Lakeville, MA, shows some differences compared to the nationwide average. Housing costs in Lakeville are 15% higher than the national average, with an index of 115. This means that housing expenses, such as rent or mortgage payments, are significantly more expensive in Lakeville. Groceries in Lakeville are slightly above the national average, with an index of 103, indicating a 3% increase in grocery costs.
Utilities in Lakeville are close to the national average, with an index of 98, showing a 2% decrease. Transportation costs are also slightly higher, with an index of 105, which is a 5% increase. Healthcare costs in Lakeville match the national average, with an index of 100, meaning no change in cost. Miscellaneous expenses are 10% higher, with an index of 110. Overall, Lakeville's cost of living is higher in some areas but comparable in others.