Cost Of Living in Yarmouth Port, MA

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F

35%

Overall NAT. AVG.

15%

Goods & Services NAT. AVG.

97%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Yarmouth Port	Massachusetts	National
Cost of living	135	133	100
Goods & Services	115	122	100
Groceries	102	105	100
Health care	108	113	100
Housing	197	165	100
Transportation	93	118	100
Utilities	112	134	100

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Cost Of Living Quick Facts

The cost of living in Yarmouth Port is 2% higher than the Massachusetts average
The cost of living in Yarmouth Port is 35% higher than the national average
Yarmouth Port housing is 97% higher than the national average
Massachusetts general sales tax is 22% higher than the national average
Massachusetts state income tax is 93% higher than the national average

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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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$86,984	$7,249	$2,029	$2,610
Renters	$48,558	$4,047	$1,133	$1,457

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Yarmouth Port, MA, as well as what the overall cost of living might be. 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 payments and not more than 36 percent of income on all expenses and debts. In Yarmouth Port, homeowners have a median income of $86,984. Using that number, a maximum of $2,029 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $48,558, which means there is a maximum of $1,133 to be spent on the costs of renting a home or apartment.

Massachusetts Sales Tax

State	General Sales Tax	With Max Surtax
Massachusetts	6.25%	6.25%

Massachusetts Income Tax

State	Income Tax (Low)	Income Tax (High)
Massachusetts	5%	9%

Goods & Services

Item	Yarmouth Port	National avg.	Difference
Haircut	$31.50	$24.26	29.8%
Beauty Salon	$49.92	$45.56	9.6%
Toothpaste	$3.46	$3.70	6.5%
Shampoo	$1.43	$1.28	11.4%
Movie	$14.37	$12.13	18.4%
Bowling	$22.72	$18.00	26.2%

Groceries

Item	Yarmouth Port	National avg.	Difference
Ground Beef	$5.85	$5.84	0.2%
Fried Chicken	$1.43	$1.57	8.9%
Milk	$4.74	$4.67	1.4%
Potatoes	$5.00	$4.93	1.3%
Pizza	$11.59	$12.09	4.1%
Beer	$10.74	$10.41	3.1%

Health Care

Item	Yarmouth Port	National avg.	Difference
Optometrist	$104.45	$125.68	16.9%
Doctor	$169.83	$135.78	25.1%
Dentist	$130.28	$113.29	15.0%
Ibuprofen	$11.11	$10.65	4.3%
Lipitor	$369.37	$468.60	21.2%

Housing

Item	Yarmouth Port	National avg.	Difference
Home Price	$394,400.00	$184,700.00	113.5%
Avg. Mortgage Payment	$2,379.56	$2,346.69	1.4%
Apartment Rent	$1,500.00	$949.00	58.1%

Transportation

Item	Yarmouth Port	National avg.	Difference
Gasoline	$3.38	$3.46	2.5%
Tire Balancing	$48.20	$59.92	19.6%

Utilities

Item	Yarmouth Port	National avg.	Difference
All Electricity	$230.62	$193.99	18.9%
Phone	$195.18	$192.25	1.5%

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	Population	Cost of Living Index	National Avg.
Seconsett Island, MA	37	109	8.7%
Popponesset, MA	202	109	8.7%
Popponesset Island, MA	35	109	8.7%
South Dennis, MA	2,895	133	33.3%
West Yarmouth, MA	6,388	127	27.1%
Yarmouth Port, MA	5,202	135	35.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Sawmills, NC	5,201	89	11.4%
Titusville, PA	5,200	83	16.8%
Burton, NB	5,200	n/a
Palermo, CA	5,204	112	12.3%
Centre Hastings, ON	5,204	n/a
Yarmouth Port, MA	5,202	135	35.1%