| Index | Marblehead | Massachusetts | National |
| Cost of living | 177 | 131 | 100 |
| Groceries | 107 | 109 | 100 |
| Health care | 113 | 116 | 100 |
| Housing | 326 | 169 | 100 |
| Transportation | 116 | 115 | 100 |
| Utilities | 113 | 117 | 100 |
| Lifestyle & Entertainment | 117 | 115 | 100 |
| Household Items | 109 | 109 | 100 |
| Education & Childcare | 126 | 127 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Marblehead? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Marblehead stands at 177, making it 77% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
If you value affordability in your search for a new place to live, Marblehead may not be the most suitable option, as it stands out as one of the priciest areas in the entire United States. Only a small fraction of regions have a cost of living that is more than 20% higher than the national average, and regrettably, Marblehead falls into this category, which may not align with your desire for an affordable place to call home.
Housing costs make up a big chunk of the cost of living in Marblehead, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 226.2% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Is Marblehead affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Marblehead, the median home price is 297.2% higher than the national average and monthly rent prices are 60.5% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Marblehead boasting a median household income of $193,576, 138% higher than the national average.
Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Marblehead, the transportation index is 15.8% higher than the national average.
Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In Marblehead, the housing index stands at 226.2% higher than the national average.
Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.
The cost of living estimates displayed for Marblehead are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $236,950 | $19,746 | $5,528 | $7,109 |
| Renters | $92,502 | $7,709 | $2,158 | $2,775 |
| 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. |
| Lynn, MA | 97,235 | 134 | 34.4% |
| Salem, MA | 44,881 | 135 | 35.3% |
| Chelsea, MA | 41,000 | 135 | 35.2% |
| Saugus, MA | 29,084 | 139 | 38.9% |
| Revere, MA | 54,523 | 139 | 39.0% |
| Marblehead, MA | 20,992 | 177 | 77.3% |
| City | Population | Cost of Living Index | National Avg. |
| Rosamond, CA | 20,994 | 117 | 16.6% |
| Crest Hill, IL | 20,983 | 101 | 0.7% |
| Adrian, MI | 20,983 | 83 | 17.3% |
| Northfield, MN | 21,004 | 105 | 4.8% |
| Bayshore Gardens, FL | 21,005 | 95 | 5.1% |
| Marblehead, MA | 20,992 | 177 | 77.3% |
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