Melrose, MA, has a higher cost of living compared to the nationwide average. Housing costs are 75% higher, while groceries cost 20% more. Utilities and transportation each show a modest increase of 5% and 10%, respectively. Healthcare and miscellaneous expenses also surpass the average, with increases of 30% and 15%, respectively. These figures highlight the importance for job seekers to consider these factors when planning to relocate.
Melrose, MA, has a higher cost of living compared to the nationwide average, which is set at 100. In Melrose, housing costs are notably elevated, with an index of 175. This means housing expenses in Melrose are 75% higher than the national average. Residents can expect to pay significantly more for rent or mortgage payments.
Other areas, such as groceries, utilities, transportation, healthcare, and miscellaneous items, also show higher costs in Melrose. Groceries have a cost of living index of 120, which is 20% higher than the national average. Utilities are 5% higher, with an index of 105. Transportation costs are also 10% higher at 110. Healthcare costs are 30% higher, with an index of 130. Miscellaneous items, which include things like clothing and entertainment, are 15% higher with an index of 115. Overall, Melrose residents face consistently higher costs across many essential categories compared to the national average.