The cost of living index in Marblehead, MA, significantly exceeds the nationwide average. Housing costs, for example, are 50% higher, while groceries are 20% more expensive. Utilities, healthcare, and miscellaneous costs also surpass the average, making it a more costly place to live.
In Marblehead, MA, the cost of living stands notably above the nationwide average, which is set at 100 for comparison. Housing costs in Marblehead are particularly high, with an index of 150. This means that housing expenses in Marblehead are 50% higher than the average U.S. cost. For job seekers considering the area, this is an important factor to weigh when planning their budget. Groceries also see a significant increase, with an index of 120, translating to a 20% higher cost compared to the national average.
Utilities, transportation, healthcare, and miscellaneous expenses also exceed the national average. Utilities have an index of 110, which is 10% higher. Transportation costs, with an index of 105, are 5% above the average. Healthcare expenses in Marblehead are at 115, a 15% increase. Miscellaneous expenses, which include items like clothing and entertainment, are at 130, marking a 30% higher cost. Job seekers should consider these factors when evaluating potential living expenses in Marblehead, as they play a significant role in overall quality of life.
