Nahant 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.
IndexNahantMassachusettsNational
Cost of living index155131100
IndexNahantMassachusettsNational
Goods & Services index130122100
Groceries index108109100
Health care index118121100
Housing index237165100
Transportation index111107100
Utilities index115114100
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Did you know?

  • The cost of living in Nahant is 19% higher than the Massachusetts average.
  • The cost of living in Nahant is 55% higher than the national average.
  • The cost of housing in Nahant is 137% higher than the national average.
  • Massachusetts general sales tax is 23% higher than the national average.
  • Massachusetts state income tax is 125% higher than the national average.

Compare Nahant, MA Cost of living To Other Cities

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$113,500$9,458$2,648$3,405
      Renters$56,218$4,685$1,312$1,687

      Massachusetts Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Massachusetts6.25%6.25%

      Massachusetts Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Massachusetts5%5%

      Goods & Services

      ItemNahantNational avg.Difference
      Haircut $25.20$17.4944.1%
      Beauty Salon $60.40$38.1758.2%
      Toothpaste $2.19$2.325.6%
      Shampoo $1.12$1.0110.7%
      Movie $14.12$10.7231.7%
      Bowling $20.20$13.8645.7%

      Groceries

      ItemNahantNational avg.Difference
      Ground Beef $3.59$3.907.9%
      Fried Chicken $1.45$1.403.9%
      Milk $1.99$1.961.4%
      Potatoes $3.99$3.1825.4%
      Pizza $11.49$10.3910.5%
      Beer $9.39$9.231.7%

      Health Care

      ItemNahantNational avg.Difference
      Optometrist $95.00$106.3410.7%
      Doctor $184.93$115.2560.5%
      Dentist $107.00$98.388.8%
      Ibuprofen $9.29$9.260.3%
      Lipitor $478.31$466.472.5%

      Housing

      ItemNahantNational avg.Difference
      Home Price $519,100.00$184,700.00181.1%
      Avg. Mortgage Payment $2,497.05$1,273.3296.1%
      Apartment Rent $1,272.00$949.0034.0%

      Transportation

      ItemNahantNational avg.Difference
      Gasoline $2.65$2.592.1%
      Tire Balancing $63.78$48.9030.4%

      Utilities

      ItemNahantNational avg.Difference
      All Electricity$214.60$167.6028.0%
      Phone $178.27$163.429.1%
      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.
      Lynn, MA92,07412424%
      Chelsea, MA38,24412727%
      Salem, MA42,80413131%
      Revere, MA53,16513232%
      Weymouth Town, MA55,60113333%
      Nahant, MA3,47115555%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Thompson's Station, TN3,47111818%
      Delta, UT3,47289-11%
      Lake Cassidy, WA3,47014040%
      Union City, IN3,47070-30%
      Waldron, AR3,47279-21%
      Nahant, MA3,47115555%
      Source: The Nahant, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.