The cost of living in Melrose, MA, shows housing expenses are 64% higher than the nationwide average. This significant increase in housing costs stands out compared to other categories, which remain closer to the national average. Groceries, utilities, transportation, healthcare, and miscellaneous costs are slightly above the national average, with increases ranging from 13% to 19%.
Overall, Melrose, MA, shows a cost of living that is 23% higher than the national average. Job seekers should consider these costs when evaluating job opportunities in the area. While housing costs lead the increase, other expenses remain relatively competitive with national figures.
Melrose, MA, shows a higher cost of living index across several categories when compared to the nationwide average. The housing index stands notably at 164, indicating that housing costs are 64% higher than the national average. This suggests that individuals relocating to Melrose should prepare for significantly higher expenses for their homes and rent.
Other expenses also tilt higher in Melrose. For groceries, the index is 113, showing a 13% increase over the national average. Utilities are at 106, which means costs are 6% above the national average. Transportation costs are slightly higher at 108, reflecting an 8% increase. Healthcare costs in Melrose are also above the average at 119, indicating a 19% increase. Lastly, miscellaneous expenses are 121, which means they are 21% higher than the average. Overall, these numbers highlight the importance of budgeting carefully for those considering moving to Melrose, MA.
