Fall River 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.
IndexFall RiverMassachusettsNational
Cost of living index119130100
IndexFall RiverMassachusettsNational
Goods & Services index123111100
Groceries index111113100
Health care index117111100
Housing index117167100
Transportation index111117100
Utilities index126126100
A general overview of the cost of living index for Fall River, MA is displayed above. In Fall River, MA, the overall cost of living index is 119, which is 9% lower than the Massachusetts average and 19% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Fall River, MA, the city's goods and services are 11% higher than the Massachusetts average and 23% higher than the U.S. average.

Did you know?

  • The cost of living in Fall River is 9% lower than the Massachusetts average.
  • The cost of living in Fall River is 19% higher than the national average.
  • The cost of housing in Fall River is 17% 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

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Fall River, 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 Fall River, MA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Fall River, 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)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Fall River, MA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Fall River, MA has a median income of about $58,462 for people who own homes. Based on that number, a person should spend a maximum of $1,364 on expenses related to housing. Renters have a slightly different median income, which is $24,681. Based on this average, renters should spend no more than $576 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Massachusetts Sales Tax

StateGeneral Sales TaxWith Max Surtax

Massachusetts Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Fall River, MA is the Massachusetts sales tax and Massachusetts income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Massachusetts sales tax rate is 6.25% and the maximum surtax that can be charged is 6.25%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Massachusetts income tax rates range from 5.15% to 5.15%.

Goods & Services

ItemFall RiverNational avg.Difference
Haircut $15.00$14.592.8%
Beauty Salon $40.00$34.6815.3%
Toothpaste $2.50$2.471.1%
Shampoo $1.25$1.0222.3%
Movie $11.75$9.8719.1%
Bowling $4.75$4.398.2%


ItemFall RiverNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.59$1.468.6%
Milk $3.39$2.3643.8%
Potatoes $3.99$3.0630.3%
Pizza $8.50$9.248.0%
Beer $8.32$8.633.6%

Health Care

ItemFall RiverNational avg.Difference
Optometrist $125.00$99.7825.3%
Doctor $149.00$105.0341.9%
Dentist $98.00$88.7010.5%
Ibuprofen $10.25$9.418.9%
Lipitor $293.99$298.501.5%


ItemFall RiverNational avg.Difference
Home Price $234,500.00$175,700.0033.5%
Avg. Mortgage Payment $1,392.30$1,081.0328.8%
Apartment Rent $722.00$920.0021.5%


ItemFall RiverNational avg.Difference
Gasoline $2.33$2.0911.4%
Tire Balancing $49.00$45.298.2%


ItemFall RiverNational avg.Difference
All Electricity$213.54$170.8025.0%
Phone $36.19$28.2628.1%
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.
Central Falls, RI19,40611111%
Pawtucket, RI71,31311212%
Providence, RI178,56211515%
New Bedford, MA94,87311616%
Warwick, RI82,06511717%
Fall River, MA88,75611919%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Germantown, MD88,71712222%
Waukegan, IL88,67199-1%
Longmont, CO88,5471099%
League City, TX88,979100-0%
Plantation, FL88,48611313%
Fall River, MA88,75611919%
Source: The Fall River, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.