Swampscott, MA, has a higher cost of living compared to the nationwide average. The Housing index stands at 150%, meaning housing costs are 50% above the national average. Similarly, groceries, utilities, healthcare, and miscellaneous costs are also above average, while transportation costs are slightly below it.
Overall, Swampscott's cost of living index is 125%, making it 25% more expensive than the national average. This data highlights the need for potential residents and job seekers to consider these factors when planning a move.
Swampscott, MA, exhibits a cost of living that is notably higher than the nationwide average, which is set at 100. Housing costs in Swampscott are particularly elevated, reaching an index of 150. This means residents can expect to pay 50% more for housing compared to the national average. The high housing costs significantly impact overall living expenses, making it an important factor for job seekers to consider.
In other categories, Swampscott's cost of living also exceeds the national average. Groceries are 20% more expensive, with an index of 120. Utilities and miscellaneous expenses are both 10% to 15% higher, standing at 110 and 115, respectively. Transportation costs are slightly below average, with an index of 95, meaning they are 5% cheaper than the national average. Healthcare costs in Swampscott are 30% higher than the national average, at an index of 130. These figures highlight the varying degrees to which different aspects of living in Swampscott surpass the national baseline.