Yarmouth Port 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.
IndexYarmouth PortMassachusettsNational
Cost of living index136132100
IndexYarmouth PortMassachusettsNational
Goods & Services index118117100
Groceries index107108100
Health care index107121100
Housing index183167100
Transportation index101109100
Utilities index139129100
Displayed above is a general overview of the Yarmouth Port, MA cost of living index. The overall cost of living index in Yarmouth Port, MA is 136, which is 3% higher than the Massachusetts average and 36% 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 Yarmouth Port, MA are 1% higher than the Massachusetts average and 18% higher than the national average.

Did you know?

  • The cost of living in Yarmouth Port is 3% higher than the Massachusetts average.
  • The cost of living in Yarmouth Port is 36% higher than the national average.
  • The cost of housing in Yarmouth Port is 83% 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 Yarmouth Port, MA Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Yarmouth Port, MA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Yarmouth Port, MA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Yarmouth Port, MA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$66,105$5,509$1,542$1,983
Renters$47,500$3,958$1,108$1,425
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Yarmouth Port, MA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Yarmouth Port, MA homeowners have a median income of $66,105. Using that number, you will come up with a maximum of $1,542 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $47,500, which means there is a maximum of $1,108 to be spent on the costs of renting a home or apartment.

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 Yarmouth Port, 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

ItemYarmouth PortNational 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

ItemYarmouth PortNational 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

ItemYarmouth PortNational 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

ItemYarmouth PortNational avg.Difference
Home Price $351,900.00$175,700.00100.3%
Avg. Mortgage Payment $1,459.71$1,133.2328.8%
Apartment Rent $1,321.00$920.0043.6%

Transportation

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

Utilities

ItemYarmouth PortNational 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.
Popponesset Island, MA2411616%
Seconsett Island, MA2311616%
South Dennis, MA3,59913232%
West Yarmouth, MA5,88212626%
South Yarmouth, MA11,48212626%
Yarmouth Port, MA4,90613636%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Santa Ynez, CA4,90918282%
Bristol, WI4,9091044%
Paulden, AZ4,90989-11%
Little Falls, NY4,90988-12%
Lake Barrington, IL4,90313535%
Yarmouth Port, MA4,90613636%
Source: The Yarmouth Port, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.