Saugus 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.
IndexSaugusMassachusettsNational
Cost of living index140130100
IndexSaugusMassachusettsNational
Goods & Services index127111100
Groceries index108113100
Health care index124111100
Housing index173167100
Transportation index116117100
Utilities index156126100
Displayed above is a general overview of the Saugus, MA cost of living index. The overall cost of living index in Saugus, MA is 140, which is 8% higher than the Massachusetts average and 40% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Saugus, MA are 15% higher than the Massachusetts average and 27% higher than the national average.

Did you know?

  • The cost of living in Saugus is 8% higher than the Massachusetts average.
  • The cost of living in Saugus is 40% higher than the national average.
  • The cost of housing in Saugus is 73% 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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Compare Saugus, MA Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Saugus, MA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Saugus, MA, you have to earn a higher income in order to still have the same standard of living. To operate the Saugus, MA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$86,426$7,202$2,016$2,593
Renters$41,694$3,475$973$1,251
One can approximate the cost of living and the housing affordability in Saugus, MA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Saugus, MA have a median income of $86,426. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,016 per month to avoid calamity and poverty. The renters in the city have an income of about $41,694, which would make their monthly maximum allowable rental costs $973.

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 you are determining the total cost of living in Saugus, MA you will want to make sure you consider both the Massachusetts sales tax and the Massachusetts income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Massachusetts is 6.25%, with the highest surtax being 6.25%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Massachusetts have a range from 5.15% to 5.15%.

Goods & Services

ItemSaugusNational 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

ItemSaugusNational 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

ItemSaugusNational 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

ItemSaugusNational avg.Difference
Home Price $341,600.00$175,700.0094.4%
Avg. Mortgage Payment $1,761.00$1,081.0362.9%
Apartment Rent $1,139.00$920.0023.8%

Transportation

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

Utilities

ItemSaugusNational 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%
Chelsea, MA37,08413131%
Salem, MA42,32113535%
Revere, MA53,25813636%
Everett, MA42,75813737%
Saugus, MA27,36914040%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Auburn, NY27,36990-10%
American Fork, UT27,3661055%
Slidell, LA27,37296-4%
Enterprise, AL27,37591-9%
Garden City, MI27,35687-13%
Saugus, MA27,36914040%
Source: The Saugus, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.