Webster 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.
IndexWebsterMassachusettsNational
Cost of living index112132100
IndexWebsterMassachusettsNational
Goods & Services index118117100
Groceries index107108100
Health care index107121100
Housing index104167100
Transportation index101109100
Utilities index139129100
Displayed above is a general overview of the Webster, MA cost of living index. The overall cost of living index in Webster, MA is 112, which is 15% lower than the Massachusetts average and 12% 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 Webster, MA are 1% higher than the Massachusetts average and 18% higher than the national average.

Did you know?

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

Find Real Estate Listings In Webster

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Webster

Compare Webster, MA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in Webster, 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 Webster, MA, you have to earn a higher income in order to still have the same standard of living. To operate the Webster, 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$69,181$5,765$1,614$2,076
Renters$29,300$2,442$684$879
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Webster, 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 Webster, MA homeowners, is $69,181. This would allow for a maximum of $1,614 per month to be spent on housing costs. For renters, the median monthly income is $29,300 which would result in a maximum of $684 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 considering the overall cost of living expenses in Webster, 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

ItemWebsterNational avg.Difference
Haircut $16.67$15.567.1%
Beauty Salon $48.75$36.1135.0%
Toothpaste $3.97$2.4760.6%
Shampoo $0.99$0.962.6%
Movie $11.17$10.1310.3%
Bowling $4.77$4.740.7%

Groceries

ItemWebsterNational avg.Difference
Ground Beef $4.56$3.9814.4%
Fried Chicken $1.49$1.415.9%
Milk $2.56$2.0623.9%
Potatoes $3.99$2.9833.8%
Pizza $8.83$9.476.8%
Beer $9.44$8.797.3%

Health Care

ItemWebsterNational avg.Difference
Optometrist $123.75$101.0422.5%
Doctor $142.56$107.4432.7%
Dentist $88.44$90.422.2%
Ibuprofen $8.99$9.283.1%
Lipitor $391.73$426.508.2%

Housing

ItemWebsterNational avg.Difference
Home Price $194,600.00$175,700.0010.8%
Avg. Mortgage Payment $1,459.71$1,133.2328.8%
Apartment Rent $800.00$920.0013.0%

Transportation

ItemWebsterNational avg.Difference
Gasoline $1.97$1.991.0%
Tire Balancing $49.00$45.767.1%

Utilities

ItemWebsterNational avg.Difference
All Electricity$243.22$163.8148.5%
Phone $36.19$28.3927.5%
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, CT9741088%
Putnam, CT7,2491099%
North Grosvenor Dale, CT1,61411212%
Southbridge Town, MA16,77511515%
Chepachet, RI1,51011212%
Webster, MA12,13511212%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
California, MD12,13212424%
Larkspur, CA12,131274174%
Chatham, IL12,13196-4%
Bucyrus, OH12,14080-20%
Woodland Park, NJ12,12913333%
Webster, MA12,13511212%
Source: The Webster, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.