North Adams 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.
IndexNorth AdamsMassachusettsNational
Cost of living index97130100
IndexNorth AdamsMassachusettsNational
Goods & Services index94111100
Groceries index119113100
Health care index98111100
Housing index85167100
Transportation index118117100
Utilities index96126100
The above illustration supplies generalized information for the North Adams, MA cost of living index. Compared to other cities in Massachusetts and cities across the country, the cost of living index in North Adams, MA is 97, which is 25% lower than the Massachusetts average and 3% lower 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 North Adams, 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 North Adams is 25% lower than the Massachusetts average.
  • The cost of living in North Adams is 3% lower than the national average.
  • The cost of housing in North Adams is 15% 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

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The salary calculator is used in order to provide a comparison of your current salary in North Adams, 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 North Adams, MA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the North Adams, 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)
Owners$52,760$4,397$1,231$1,583
Renters$23,715$1,976$553$712
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 North Adams, 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. North Adams, MA has a median income of about $52,760 for people who own homes. Based on that number, a person should spend a maximum of $1,231 on expenses related to housing. Renters have a slightly different median income, which is $23,715. Based on this average, renters should spend no more than $553 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
Massachusetts6.25%6.25%

Massachusetts Income Tax

StateIncome Tax (Low)Income Tax (High)
Massachusetts5.15%5.15%
When assessing the complete cost of living in North Adams, MA, the Massachusetts income tax and the Massachusetts sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Massachusetts maximum surtax is 6.25%, and the Massachusetts sales tax is 6.25%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 5.15% to 5.15% in Massachusetts.

Goods & Services

ItemNorth AdamsNational 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%

Groceries

ItemNorth AdamsNational 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

ItemNorth AdamsNational 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%

Housing

ItemNorth AdamsNational avg.Difference
Home Price $158,400.00$175,700.009.8%
Avg. Mortgage Payment $1,515.12$1,081.0340.2%
Apartment Rent $672.00$920.0027.0%

Transportation

ItemNorth AdamsNational avg.Difference
Gasoline $2.33$2.0911.2%
Tire Balancing $61.98$45.2936.9%

Utilities

ItemNorth AdamsNational 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.
Readsboro, VT26890-10%
Adams, MA5,46095-5%
Bennington, VT8,93399-1%
Wilmington, VT5121000%
Cheshire, MA5711022%
North Adams, MA13,56397-3%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Niceville, FL13,56296-4%
Palos Verdes Estates, CA13,568215115%
Brandermill, VA13,57011010%
Harrisburg, NC13,5491088%
Iona, FL13,5491044%
North Adams, MA13,56397-3%
Source: The North Adams, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.