Melrose, MA, has a higher cost of living compared to the nationwide average. The overall cost of living index in Melrose is 120, which is 20% higher than the national average of 100. This increase is driven by higher housing costs, which are 30% above the average, and healthcare costs, which are 20% higher. The other categories, such as groceries, utilities, transportation, and miscellaneous, also show above-average costs, contributing to the elevated overall index.
Melrose, MA, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Melrose are notably 30% higher than the national average, with an index of 130. This means that expenses related to renting or buying a home in Melrose are significantly greater than what one might expect on a national scale.
Additionally, groceries and healthcare in Melrose also exceed the national average. The cost of groceries is 15% higher, with an index of 115, while healthcare costs are 20% higher, indexed at 120. Utilities, transportation, and miscellaneous expenses also show increases, with indices of 105, 110, and 125, respectively. These figures indicate that living in Melrose involves more substantial expenses across various categories compared to the average American city.
