Abington cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAbingtonMassachusettsNational
Cost of living index135130100
IndexAbingtonMassachusettsNational
Goods & Services index127111100
Groceries index108113100
Health care index124111100
Housing index157167100
Transportation index116117100
Utilities index156126100
A general summary of the cost of living index in Abington, MA is shown above. Compared to the state average of Massachusetts the cost of living index in Abington, MA is 135, which is 4% higher than the average in Massachusetts and compared to the national average it is 35% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Abington, MA goods and services come in at 15% higher than the average in Massachusetts and are 27% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Abington is 4% higher than the Massachusetts average.
  • The cost of living in Abington is 35% higher than the national average.
  • The cost of housing in Abington is 57% higher than the national average.
  • Massachusetts general sales tax is 23% higher than the national average.
  • Massachusetts state income tax is 132% higher than the national average.

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Salary Calculator

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The salary calculator allows you to compare how much your current salary in Abington, MA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Abington, MA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Abington, MA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$95,873$7,989$2,237$2,876
Renters$48,705$4,059$1,136$1,461
If you want to find a good determining factor for the cost of living and the general affordability of housing in Abington, MA, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Abington, MA, the median monthly income is $95,873 for those who own their own homes. Under the standard rule, that income level would allow for $2,237 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $48,705, per the median income in the area. That would allow for renters to spend up to $1,136 on monthly rental expenses.

Massachusetts Sales Tax

StateGeneral Sales TaxWith Max Surtax
Massachusetts6.25%6.25%

Massachusetts Income Tax

StateIncome Tax (Low)Income Tax (High)
Massachusetts5.15%5.15%
When you are determining the total cost of living in Abington, MA you will want to make sure you consider both the Massachusetts sales tax and the Massachusetts income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Massachusetts is 6.25%, with the highest surtax being 6.25%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Massachusetts have a range from 5.15% to 5.15%.

Goods & Services

ItemAbingtonNational avg.Difference
Haircut $19.67$14.5934.8%
Beauty Salon $54.00$34.6855.7%
Toothpaste $2.54$2.472.7%
Shampoo $1.00$1.022.2%
Movie $11.69$9.8718.5%
Bowling $5.75$4.3930.9%

Groceries

ItemAbingtonNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.67$1.4614.1%
Milk $2.29$2.362.8%
Potatoes $3.29$3.067.5%
Pizza $10.00$9.248.2%
Beer $8.99$8.634.1%

Health Care

ItemAbingtonNational avg.Difference
Optometrist $113.50$99.7813.8%
Doctor $151.00$105.0343.8%
Dentist $115.00$88.7029.6%
Ibuprofen $9.74$9.413.5%
Lipitor $310.83$298.504.1%

Housing

ItemAbingtonNational avg.Difference
Home Price $304,800.00$175,700.0073.5%
Avg. Mortgage Payment $1,761.00$1,081.0362.9%
Apartment Rent $1,082.00$920.0017.6%

Transportation

ItemAbingtonNational avg.Difference
Gasoline $2.35$2.0912.3%
Tire Balancing $57.29$45.2926.5%

Utilities

ItemAbingtonNational avg.Difference
All Electricity$292.18$170.8071.1%
Phone $38.25$28.2635.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Southfield, MA01033%
Brockton, MA94,26712525%
Taunton, MA56,05612121%
Bridgewater, MA8,37412626%
Randolph, MA33,13513232%
Abington, MA16,08113535%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hybla Valley, VA16,07612323%
Mesquite, NV16,07296-4%
Uvalde, TX16,09480-20%
Easthampton Town, MA16,0661088%
Mount Pleasant, TX16,06688-12%
Abington, MA16,08113535%
Source: The Abington, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.