Winchester, MA, has a higher cost of living compared to the nationwide average. The overall cost of living index in Winchester stands at 128, which is 28% higher than the national average of 100. This increase is largely driven by housing costs, which are 74% higher than the national average.
Other categories like groceries, utilities, transportation, healthcare, and miscellaneous also show higher costs, though to a lesser extent. Groceries are 19% above the national average, while utilities, transportation, healthcare, and miscellaneous are between 4% and 16% higher. These figures highlight the importance of considering the cost of living when relocating to Winchester, MA.
Winchester, MA, has a higher cost of living compared to the nationwide average, which is set at 100. The housing index in Winchester stands at 174, indicating that housing costs are 74% higher than the national average. This significant increase suggests that potential residents should budget more for housing expenses.
Other aspects of living in Winchester also show higher costs. For instance, groceries cost 19% more, with an index of 119. Utilities, while slightly higher, are at 104, which is 4% above the average. Transportation costs are 7% higher, with an index of 107. Healthcare costs are 12% higher at 112, and miscellaneous expenses are 16% higher at 116. These figures highlight that while Winchester offers a desirable living environment, it comes with a higher financial commitment across various sectors.