Lynnfield, MA, shows a higher cost of living index compared to the nationwide average, which is set at 100. Housing costs stand at 56% above the national average, making it one of the more expensive areas in this category. Groceries are 20% higher, while utilities, transportation, and miscellaneous costs are each about 10–15% above the average. Healthcare costs are slightly below the national average, at 2% less.
Job seekers considering Lynnfield should be aware of the significant housing expenses, which can notably impact their budget. While other areas like groceries and utilities also exceed the national average, healthcare costs provide some relief, being just below the national figure. Balancing these factors will be crucial for those relocating.
Lynnfield, MA, exhibits a cost of living that significantly differs from the nationwide average. Housing costs in Lynnfield stand at 156, which is 56% higher than the national average of 100. This elevated housing index suggests that potential residents should be prepared for a notable increase in housing expenses compared to other areas in the country.
In addition to housing, the cost of groceries in Lynnfield is 20% higher than the national average, with an index of 120. Utilities and transportation costs are slightly elevated, at 13% and 10% above the national average, respectively. Healthcare and miscellaneous expenses are relatively closer to the national average, with indices of 98 and 115. These statistics indicate that while Lynnfield presents higher costs in certain areas, the overall cost of living is manageable for those considering relocation.
