Turners Falls 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.
IndexTurners FallsMassachusettsNational
Cost of living index100130100
IndexTurners FallsMassachusettsNational
Goods & Services index94111100
Groceries index119113100
Health care index98111100
Housing index95167100
Transportation index118117100
Utilities index96126100
A general summary of the cost of living index in Turners Falls, MA is shown above. Compared to the state average of Massachusetts the cost of living index in Turners Falls, MA is 100, which is 23% lower than the average in Massachusetts and compared to the national average it is equal to. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Turners Falls, MA goods and services come in at 15% lower than the average in Massachusetts and are 6% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Turners Falls is 23% lower than the Massachusetts average.
  • The cost of living in Turners Falls is equal to the national average.
  • The cost of housing in Turners Falls is 5% 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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Compare Turners Falls, MA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Turners Falls, MA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Turners Falls, MA, then you would need to earn more income in order to maintain the same standard of living. To use the Turners Falls, MA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$64,038$5,337$1,494$1,921
Renters$19,675$1,640$459$590
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Turners Falls, 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 Turners Falls, MA homeowners, is $64,038. This would allow for a maximum of $1,494 per month to be spent on housing costs. For renters, the median monthly income is $19,675 which would result in a maximum of $459 to be spent on rental costs.

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 Turners Falls, 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

ItemTurners FallsNational 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

ItemTurners FallsNational 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

ItemTurners FallsNational 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

ItemTurners FallsNational avg.Difference
Home Price $185,500.00$175,700.005.6%
Avg. Mortgage Payment $1,515.12$1,081.0340.2%
Apartment Rent $650.00$920.0029.3%

Transportation

ItemTurners FallsNational avg.Difference
Gasoline $2.33$2.0911.2%
Tire Balancing $61.98$45.2936.9%

Utilities

ItemTurners FallsNational 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.
Orange, MA3,94497-3%
Hinsdale, NH1,73298-2%
Deerfield, MA81899-1%
Greenfield Town, MA17,4841011%
Winchester, NH1,6831011%
Turners Falls, MA4,7191000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Seven Lakes, NC4,7191077%
Edgefield, SC4,71982-18%
Elmsford, NY4,71915252%
Midway, NC4,71791-9%
Barnwell, SC4,71785-15%
Turners Falls, MA4,7191000%
Source: The Turners Falls, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.