Nahant 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.
IndexNahantMassachusettsNational
Cost of living index158131100
IndexNahantMassachusettsNational
Goods & Services index130120100
Groceries index106107100
Health care index135120100
Housing index237165100
Transportation index111106100
Utilities index141123100

Did you know?

  • The cost of living in Nahant is 21% higher than the Massachusetts average.
  • The cost of living in Nahant is 58% higher than the national average.
  • The cost of housing in Nahant is 137% higher than the national average.
  • Massachusetts general sales tax is 23% higher than the national average.
  • Massachusetts state income tax is 129% 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$113,500$9,458$2,648$3,405
Renters$56,218$4,685$1,312$1,687

Massachusetts Sales Tax

StateGeneral Sales TaxWith Max Surtax
Massachusetts6.25%6.25%

Massachusetts Income Tax

StateIncome Tax (Low)Income Tax (High)
Massachusetts5.1%5.1%

Goods & Services

ItemNahantNational avg.Difference
Haircut $21.98$16.0936.7%
Beauty Salon $51.87$37.3338.9%
Toothpaste $2.26$2.457.8%
Shampoo $1.05$1.004.6%
Movie $13.47$10.2831.0%
Bowling $8.95$4.9381.4%

Groceries

ItemNahantNational avg.Difference
Ground Beef $3.72$3.802.3%
Fried Chicken $1.56$1.4011.9%
Milk $1.98$2.011.5%
Potatoes $3.73$3.0123.9%
Pizza $10.62$9.897.5%
Beer $9.97$8.9012.0%

Health Care

ItemNahantNational avg.Difference
Optometrist $105.58$102.163.4%
Doctor $190.52$108.3675.8%
Dentist $126.73$92.5337.0%
Ibuprofen $9.19$9.281.0%
Lipitor $419.01$425.821.6%

Housing

ItemNahantNational avg.Difference
Home Price $519,100.00$184,700.00181.1%
Avg. Mortgage Payment $2,207.99$1,202.4483.6%
Apartment Rent $1,272.00$949.0034.0%

Transportation

ItemNahantNational avg.Difference
Gasoline $2.25$2.240.1%
Tire Balancing $61.72$46.2933.3%

Utilities

ItemNahantNational avg.Difference
All Electricity$238.05$165.9643.4%
Phone $39.99$28.6839.4%
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, MA92,07412727%
Chelsea, MA38,24413030%
Salem, MA42,80413434%
Revere, MA53,16513535%
Weymouth Town, MA55,60113636%
Nahant, MA3,47115858%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Thompson's Station, TN3,47111919%
Union City, IN3,47070-30%
Delta, UT3,47289-11%
Lake Cassidy, WA3,47013636%
Feather Sound, FL3,47211111%
Nahant, MA3,47115858%
Source: The Nahant, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.