Southborough, MA, has a higher cost of living compared to the nationwide average. The overall cost of living index in Southborough is 115, which is 15% higher than the national average of 100. Housing costs are particularly elevated, with an index of 134, indicating a 34% increase over the national average. This suggests that job seekers should consider these higher expenses when planning their relocation to Southborough.
The cost of living in Southborough, MA, shows some notable differences compared to the nationwide average, which is set at 100. Housing costs in Southborough are 34% higher than the national average, with an index of 134. This means that expenses related to housing, such as rent or mortgage payments, are significantly more than the average American household would spend. For groceries, Southborough residents face a 10% increase, with an index of 110. This indicates that food and household supplies are slightly more expensive than the national average.
Transportation costs in Southborough are 20% higher than the nationwide average, with an index of 120. This suggests that commuting and vehicle-related expenses are more substantial for those living in Southborough. Healthcare costs are 5% higher, with an index of 105, indicating that medical expenses are marginally above the national average. Miscellaneous costs, which include items like clothing, entertainment, and personal care, are 15% higher, with an index of 115. Overall, Southborough presents a cost of living that is notably higher in several key areas compared to the national average.
