Greenfield Town 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.
IndexGreenfield TownMassachusettsNational
Cost of living index101130100
IndexGreenfield TownMassachusettsNational
Goods & Services index94111100
Groceries index119113100
Health care index98111100
Housing index99167100
Transportation index118117100
Utilities index96126100
The above illustration supplies generalized information for the Greenfield Town, MA cost of living index. Compared to other cities in Massachusetts and cities across the country, the cost of living index in Greenfield Town, MA is 101, which is 22% lower than the Massachusetts average and 1% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Greenfield Town, MA are 15% lower than the average for Massachusetts and 6% lower than the rest of the country.

Did you know?

  • The cost of living in Greenfield Town is 22% lower than the Massachusetts average.
  • The cost of living in Greenfield Town is 1% higher than the national average.
  • The cost of housing in Greenfield Town is 1% lower 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 is used in order to provide a comparison of your current salary in Greenfield Town, MA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Greenfield Town, MA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Greenfield Town, MA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Greenfield Town, MA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Greenfield Town, MA homeowners, is $62,143. This would allow for a maximum of $1,450 per month to be spent on housing costs. For renters, the median monthly income is $30,744 which would result in a maximum of $717 to be spent on rental costs.

Massachusetts Sales Tax

StateGeneral Sales TaxWith Max Surtax

Massachusetts Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Greenfield Town, MA and want to know what the true cost of living is, they ought to look at both the Massachusetts income tax rate and the Massachusetts sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Massachusetts, the sales tax is 6.25%, while the most you'll pay in surtax is 6.25%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Massachusetts, the income tax rate ranges between 5.15% to 5.15%.

Goods & Services

ItemGreenfield TownNational avg.Difference
Haircut $13.60$14.596.8%
Beauty Salon $14.60$34.6857.9%
Toothpaste $1.99$2.4719.5%
Shampoo $0.99$1.023.1%
Movie $10.00$9.871.3%
Bowling $6.00$4.3936.6%


ItemGreenfield TownNational avg.Difference
Ground Beef $4.07$4.489.1%
Fried Chicken $2.87$1.4696.0%
Milk $2.33$2.361.1%
Potatoes $3.99$3.0630.3%
Pizza $7.99$9.2413.6%
Beer $6.99$8.6319.0%

Health Care

ItemGreenfield TownNational avg.Difference
Optometrist $142.50$99.7842.8%
Doctor $99.20$105.035.6%
Dentist $95.00$88.707.1%
Ibuprofen $9.49$9.410.8%
Lipitor $231.30$298.5022.5%


ItemGreenfield TownNational avg.Difference
Home Price $181,800.00$175,700.003.5%
Avg. Mortgage Payment $1,515.12$1,081.0340.2%
Apartment Rent $806.00$920.0012.4%


ItemGreenfield TownNational avg.Difference
Gasoline $2.33$2.0911.2%
Tire Balancing $61.98$45.2936.9%


ItemGreenfield TownNational avg.Difference
All Electricity$160.96$170.805.8%
Phone $27.50$28.262.7%
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.
Hinsdale, NH1,73298-2%
Deerfield, MA81899-1%
Turners Falls, MA4,7191000%
Winchester, NH1,6831011%
Millers Falls, MA8551033%
Greenfield Town, MA17,4841011%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Seminole, FL17,47796-4%
Myrtle Grove, FL17,47590-10%
Live Oak, CA17,49416666%
Sycamore, IL17,47397-3%
Wahiawa, HI17,47316969%
Greenfield Town, MA17,4841011%
Source: The Greenfield Town, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.