Swampscott, MA, has a higher cost of living compared to the nationwide average, with an overall cost of living index at 127. This means housing costs are 55% higher, and groceries are 20% higher than the national average. Utilities and healthcare costs in Swampscott are also above the national average, by 10% and 15%, respectively.
Swampscott, Massachusetts, shows a higher cost of living compared to the nationwide average. Housing costs in Swampscott are 55% higher than the national average, which is set at 100. This significant increase can be a major consideration for those moving to or thinking about moving to this area. Groceries also reflect a higher cost, with an index of 120, which means they are 20% more expensive than the average across the country.
Utilities in Swampscott are slightly above the national average, with an index of 110. This means that utilities cost 10% more than the nationwide average. Transportation costs are just 5% higher than the national average, with an index of 105. Healthcare costs also edge slightly above average, with a cost index of 115, which is 15% higher. Miscellaneous expenses show a 30% increase over the national average, with an index of 130. These numbers illustrate that, while Swampscott offers certain benefits, potential residents should be aware of the higher living expenses.