Winchester, MA, has a higher cost of living compared to the nationwide average. The overall cost of living index in Winchester is 128, which is 28% higher than the national average of 100. Housing costs in Winchester are notably higher, with an index of 165, indicating a 65% increase over the national average. This suggests that job seekers should consider these elevated expenses when planning their relocation to Winchester.
Winchester, MA, exhibits a higher cost of living compared to the nationwide average, which is set at 100. The housing index in Winchester stands at 165, indicating that housing costs are 65% higher than the national average. This significant increase suggests that potential residents should budget considerably more for housing expenses.
Other areas of the cost of living in Winchester also surpass the national average. For instance, groceries cost 20% more, with an index of 120. Utilities, transportation, and miscellaneous items also show higher costs, with indices of 110, 115, and 130, respectively. Healthcare costs are slightly above average at 105, which is 5% higher. These figures highlight the need for careful financial planning for those considering Winchester as a place to live.