Medway, MA, has a higher cost of living than the nationwide average. Housing stands at 120, which is 20% above the national average. Groceries also exceed the average, with an index of 105, marking a 5% increase. Utilities follow closely at 110, which is 10% higher. Transportation is slightly below average at 95, showing a 5% decrease. Healthcare costs are 15% higher, at 115, while miscellaneous expenses are 2% above the national average at 102. These indices reflect the overall trend of Medway’s living expenses being above the national benchmark.
The cost of living index in Medway, MA, stands significantly higher than the nationwide average, reflecting a broader trend that affects several essential areas. Housing costs, for instance, reach 120, meaning Medway residents pay 20% more than the national average. This increase can impact potential residents’ decisions, as housing is a major expense.
Additionally, groceries in Medway cost 105 according to the index, which is 5% above the national average. Utilities also see a rise, with an index of 110, indicating an 11% increase over the average. Healthcare costs in Medway are also higher, with an index of 115, showing a 15% increase. Despite transportation costs being slightly lower at 95, they still suggest a 5% reduction from the average, providing a slight relief. Overall, Medway's cost of living index paints a picture of higher expenses in key areas, which can influence living choices for job seekers considering the area.
