Westborough 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.
IndexWestboroughMassachusettsNational
Cost of living index138130100
IndexWestboroughMassachusettsNational
Goods & Services index127111100
Groceries index108113100
Health care index124111100
Housing index167167100
Transportation index116117100
Utilities index156126100
A general summary of the cost of living index in Westborough, MA is shown above. Compared to the state average of Massachusetts the cost of living index in Westborough, MA is 138, which is 6% higher than the average in Massachusetts and compared to the national average it is 38% higher than. 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 Westborough, MA goods and services come in at 15% higher than the average in Massachusetts and are 27% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Westborough is 6% higher than the Massachusetts average.
  • The cost of living in Westborough is 38% higher than the national average.
  • The cost of housing in Westborough is 67% 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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The salary calculator allows you to compare how much your current salary in Westborough, MA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Westborough, MA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Westborough, MA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$110,208$9,184$2,571$3,307
Renters$52,143$4,345$1,217$1,564
The affordability of the housing market in Westborough, 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 Westborough, MA homeowners, the median income is $110,208. This indicates that a monthly maximum of $2,571 should be spent by homeowners on all housing related costs. Renters have a median income of $52,143. This indicates that renters should have a maximum of $1,217 used for their rent related monthly 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%
The Massachusetts sales tax and Massachusetts income tax rates should definitely be considered when determining the overall cost of living in Westborough, MA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Massachusetts sales tax is 6.25% and the maximum surtax is 6.25%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Massachusetts income tax rates range from 5.15% to 5.15%.

Goods & Services

ItemWestboroughNational 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

ItemWestboroughNational 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

ItemWestboroughNational 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

ItemWestboroughNational avg.Difference
Home Price $334,200.00$175,700.0090.2%
Avg. Mortgage Payment $1,761.00$1,081.0362.9%
Apartment Rent $1,050.00$920.0014.1%

Transportation

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

Utilities

ItemWestboroughNational 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.
Oxford, MA6,52511717%
Worcester, MA182,51111818%
Clinton, MA7,48812626%
Whitinsville, MA6,47812222%
East Douglas, MA2,91212424%
Westborough, MA4,06113838%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Madison, IL4,06184-16%
Livingston, TN4,06078-22%
Carlisle, IA4,06288-12%
Farmers Loop, AK4,06214242%
Avenue B and C, AZ4,05985-15%
Westborough, MA4,06113838%
Source: The Westborough, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.