Medway, MA, shows a higher cost of living compared to the nationwide average. Housing costs are 20% higher, while groceries and healthcare also exceed the national average by 5% and 15%, respectively. Utilities and transportation costs are slightly below the national average, with utilities at 5% less and transportation at 10% higher. Overall, Medway's cost of living index stands at 105, reflecting a 5% increase above the national average.
Medway, MA, shows a higher cost of living compared to the nationwide average in several key areas. Housing costs in Medway stand at 120, which is 20% higher than the national average. This means that residents in Medway will likely spend more on rent or mortgage payments. Groceries also cost more, with an index of 105, indicating a 5% increase over the national average. This suggests that everyday food expenses will be slightly higher for those living in Medway.
Utilities in Medway are slightly below the national average, with an index of 95, meaning a 5% decrease. This offers a small relief for residents, as they will spend less on services like electricity and water. Transportation costs are 10% higher, with an index of 110, which could affect daily commutes and travel expenses. Healthcare costs are also elevated, at 115, which is 15% above the national average. This indicates that medical services and insurance might be more expensive in Medway. Overall, Medway presents a mixed picture with some areas of cost being higher and others slightly lower than the national average.
