Essex 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.
IndexEssexMassachusettsNational
Cost of living index152130100
IndexEssexMassachusettsNational
Goods & Services index127111100
Groceries index108113100
Health care index124111100
Housing index214167100
Transportation index116117100
Utilities index156126100

Did you know?

  • The cost of living in Essex is 17% higher than the Massachusetts average.
  • The cost of living in Essex is 52% higher than the national average.
  • The cost of housing in Essex is 114% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$115,069$9,589$2,685$3,452
Renters$50,417$4,201$1,176$1,513

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%

Goods & Services

ItemEssexNational 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

ItemEssexNational 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

ItemEssexNational 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

ItemEssexNational avg.Difference
Home Price $447,700.00$175,700.00154.8%
Avg. Mortgage Payment $1,761.00$1,081.0362.9%
Apartment Rent $1,092.00$920.0018.7%

Transportation

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

Utilities

ItemEssexNational 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.
Lynn, MA91,28912828%
Salem, MA42,32113535%
Amesbury Town, MA16,55412828%
Salisbury, MA4,75713030%
Malden, MA60,30914040%
Essex, MA1,73315252%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Adamstown, PA1,7331033%
Somers, CT1,73312323%
Pittsfield, NH1,7331099%
Harvey, MI1,73392-8%
South Deerfield, MA1,73311313%
Essex, MA1,73315252%
Source: The Essex, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.