Wayland, MA, presents a higher cost of living compared to the nationwide average, as shown in the provided data. The cost of living index in Wayland stands at 151, which is 51% above the national average of 100. Housing prices significantly drive this increase, with an index of 205, indicating costs that are 105% of the nationwide average.
Utilities, transportation, healthcare, and miscellaneous expenses also reflect higher costs, though less dramatically. Utilities are 10% above the national average, while transportation and miscellaneous costs hover around 5% higher. Groceries and healthcare present slightly lower increases of 20% and 10%, respectively. This comprehensive data highlights the higher living expenses in Wayland, making it essential for job seekers to consider these factors in their relocation decisions.
Wayland, MA, offers a unique living experience with a cost of living index that significantly exceeds the nationwide average. Specifically, housing costs in Wayland are 205 on the index scale, marking a 105% increase over the average cost. This makes housing the most expensive category, suggesting that residents might need to budget more for living accommodations.
Other costs in Wayland also reflect this trend, though not as dramatically. For instance, groceries cost 120 on the index, showing a 20% increase. Utilities are slightly higher at 110, which is 10% above the national average. Transportation costs at 105 are just 5% over the average, indicating relatively affordable commuting options. Healthcare expenses are 90 on the index, which is 10% lower than the average, offering some relief. Miscellaneous expenses stand at 115, which is 15% more than the nationwide average. Overall, while Wayland provides a higher standard of living in some areas, job seekers must consider these costs when planning their finances.