Melrose, MA, has a higher cost of living compared to the nationwide average. The overall cost of living index in Melrose is 120. This means that living in Melrose costs about 20% more than the national average.
Housing in Melrose is particularly expensive, with an index of 138, which is 38% higher than the national average. Other areas, like groceries and utilities, also exceed the national average, contributing to Melrose's elevated cost of living.
Melrose, MA, has a higher cost of living compared to the nationwide average, as shown by various indices. Housing costs in Melrose stand at 138, indicating that it is 38% higher than the national average. For groceries, the cost is 116, which means it is 16% higher than average. Utilities cost 107, which is 7% above the national average. Transportation expenses are 20% higher at 120, while healthcare costs are slightly above average at 109, representing a 9% increase. Miscellaneous costs are at 115, which is 15% higher than the national standard. These figures highlight the areas where Melrose residents may experience greater financial demands.
Overall, the cost of living in Melrose, MA, reflects its higher expenses across multiple categories. With a housing index of 138, job seekers need to prepare for significantly higher housing costs. The grocery index of 116 and transportation index of 120 also suggest higher everyday expenses. Utilities and healthcare costs, at 107 and 109 respectively, are just slightly above the national average. Miscellaneous costs at 115 indicate that various other expenses are also higher. These numbers provide a clear picture of the increased financial considerations for anyone relocating to Melrose.
