Medway, MA, shows a cost of living index that is generally higher than the nationwide average. Housing costs 20% above the national average, which sits at 100. This higher price point means potential residents need to budget more for their homes.
Other expenses in Medway also reflect this trend. Groceries are 5% over the national average, utilities about 5% below, and transportation costs 10% above. Healthcare and miscellaneous costs are slightly above the average at 2% and 2%, respectively. Job seekers should consider these variations when planning their finances.
Medway, MA, showcases a cost of living index that varies across different categories when compared to the nationwide average of 100. Notably, housing in Medway stands at 120. This means that housing costs are 20% higher than the average found across the country. For job seekers considering Medway, this increase could significantly impact their overall expenses, making it essential to budget accordingly.
Other aspects of life in Medway also reflect these trends. For instance, groceries cost 105, indicating a 5% increase over the national average. Transportation costs are also higher, at 110, meaning residents spend 10% more than the average American on getting around. Utilities, however, are slightly lower at 95, offering a 5% savings compared to the national average. Healthcare costs in Medway are at 98, showing a marginal 2% decrease from the average. Miscellaneous expenses also show a minor rise, at 102, meaning costs are 2% higher than average. Understanding these variations helps job seekers make informed decisions about relocating to Medway.
