| Index | Braintree Town | Massachusetts | National |
| Cost of living | 149 | 131 | 100 |
| Groceries | 110 | 109 | 100 |
| Health care | 113 | 116 | 100 |
| Housing | 233 | 169 | 100 |
| Transportation | 116 | 115 | 100 |
| Utilities | 118 | 117 | 100 |
| Lifestyle & Entertainment | 111 | 115 | 100 |
| Household Items | 107 | 109 | 100 |
| Education & Childcare | 120 | 127 | 100 |
Getting a feel for the cost of living in Braintree Town is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Braintree Town is 149, which is 49% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
If you're in pursuit of an economical living environment, Braintree Town may not fit the bill, as it ranks among the most expensive places to reside in the United States. Just a minority of regions exhibit a cost of living that is more than 20% higher than the national average, and, unfortunately, Braintree Town falls within this bracket.
Housing costs are a major factor in the Braintree Town cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 133.1% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.
Locals have the inside scoop on their city. So, we polled 8 residents in Braintree Town to learn how they view the cost of living. We asked how they felt about the cost of living in their area, and if they thought that prices were increasing, decreasing or staying the same. The verdict? 38% find it reasonable with decreasing prices, but 63% think it's quite pricey, with prices that continue to rise.
Is Braintree Town affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Braintree Town, for instance, where the median home price falls 166.6% higher than the national average, and monthly rent rates are 55.1% higher than usual. Additionally, median income levels contribute to the equation, with Braintree Town flaunting a median household income of $149,503, 83.8% higher than the national norm.
Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Braintree Town, the groceries index is 9.8% higher than the national average.
Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.
Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Braintree Town, the utilities index registers at 17.5% higher than the national average.
The cost of living data for Braintree Town shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $183,163 | $15,264 | $4,274 | $5,495 |
| Renters | $83,109 | $6,926 | $1,939 | $2,494 |
| State | General Sales Tax | With Max Surtax |
| Massachusetts | 6.25% | 6.25% |
| State | Income Tax (Low) | Income Tax (High) |
| Massachusetts | 5% | 9% |
| City | Population | Cost of Living Index | National Avg. |
| Southfield, MA | 0 | 115 | 14.6% |
| Randolph, MA | 34,560 | 123 | 23.3% |
| Brockton, MA | 98,714 | 126 | 25.9% |
| Holbrook, MA | 11,361 | 128 | 28.4% |
| Kingston, MA | 6,946 | 134 | 34.2% |
| Braintree Town, MA | 38,517 | 149 | 49.1% |
| City | Population | Cost of Living Index | National Avg. |
| Richmond West, FL | 38,533 | 132 | 32.4% |
| Mechanicsville, VA | 38,496 | 111 | 10.7% |
| Meridian, MS | 38,491 | 83 | 16.7% |
| Monrovia, CA | 38,586 | 176 | 75.9% |
| Dover, DE | 38,633 | 101 | 1.0% |
| Braintree Town, MA | 38,517 | 149 | 49.1% |
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