Southborough, MA, has a higher cost of living compared to the nationwide average. The overall cost of living index in Southborough is 123, which is 23% higher than the national average of 100. Housing costs are particularly elevated, with an index of 150, indicating a 50% increase over the average. This suggests that job seekers should consider these higher expenses when planning their relocation to Southborough.
The cost of living in Southborough, MA, is notably higher than the nationwide average, which is set at 100. Housing costs in Southborough stand at 150, which is 50% higher than the national average. This significant increase reflects the higher prices for homes and rents in the area. People looking for a place to live will find that they need to budget more for housing here.
Other expenses, such as groceries and utilities, also show a rise. Groceries in Southborough cost 110, which is 10% more than the national average. Utilities, including electricity, water, and gas, are at 105, which is 5% higher. Transportation costs are also elevated, with an index of 120, meaning they are 20% higher than the average. Healthcare costs are 15% higher, with an index of 115, and miscellaneous costs, which include items like entertainment and personal care, are at 130, which is 30% higher. These figures show that living in Southborough, MA, requires a higher budget across various categories compared to the national average.