Southbridge 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.
IndexSouthbridge TownMassachusettsNational
Cost of living index115130100
IndexSouthbridge TownMassachusettsNational
Goods & Services index123111100
Groceries index111113100
Health care index117111100
Housing index104167100
Transportation index111117100
Utilities index126126100
The above illustration supplies generalized information for the Southbridge Town, MA cost of living index. Compared to other cities in Massachusetts and cities across the country, the cost of living index in Southbridge Town, MA is 115, which is 12% lower than the Massachusetts average and 15% 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 Southbridge Town, MA are 11% higher than the average for Massachusetts and 23% higher than the rest of the country.

Did you know?

  • The cost of living in Southbridge Town is 12% lower than the Massachusetts average.
  • The cost of living in Southbridge Town is 15% higher than the national average.
  • The cost of housing in Southbridge Town is 4% 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

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Use the salary calculator to compare your current income in Southbridge Town, MA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Southbridge Town, MA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Southbridge Town, MA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The affordability of the housing market in Southbridge Town, MA as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Southbridge Town, MA homeowners, the median income is $70,185. This indicates that a monthly maximum of $1,638 should be spent by homeowners on all housing related costs. Renters have a median income of $30,420. This indicates that renters should have a maximum of $710 used for their rent related monthly costs.

Massachusetts Sales Tax

StateGeneral Sales TaxWith Max Surtax

Massachusetts Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in Southbridge Town, MA, it's important to take into account the sales tax for Massachusetts, as well as the rate for income tax in Massachusetts. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Massachusetts is 6.25%, and the sales tax in the state of Massachusetts is 6.25%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Massachusetts starts from 5.15% and goes up to 5.15%.

Goods & Services

ItemSouthbridge TownNational 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%


ItemSouthbridge TownNational 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

ItemSouthbridge TownNational 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%


ItemSouthbridge TownNational avg.Difference
Home Price $191,900.00$175,700.009.2%
Avg. Mortgage Payment $1,392.30$1,081.0328.8%
Apartment Rent $839.00$920.008.8%


ItemSouthbridge TownNational avg.Difference
Gasoline $2.33$2.0911.4%
Tire Balancing $49.00$45.298.2%


ItemSouthbridge TownNational 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.
Quinebaug, CT97411111%
Ware, MA5,81611212%
Stafford Springs, CT4,73411313%
Putnam, CT7,24911212%
Warren, MA1,45611414%
Southbridge Town, MA16,77511515%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
St. Michael, MN16,76711212%
Griffith, IN16,76599-1%
Westchester, IL16,78611515%
Mill Creek East, WA16,75413131%
Country Club Hills, IL16,75299-1%
Southbridge Town, MA16,77511515%
Source: The Southbridge 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.