Cost of living in Braintree Town research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Braintree Town is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Massachusetts, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Braintree Town is 142, with 100 being the average.
The cost of living index in Braintree Town is 1.4x higher than the national average.
Braintree Town ranks as the #77 cheapest in Massachusetts out of 113.
Braintree Town ranks as the #5,646 cheapest out of 6,412 in the US.
The median home value in Braintree Town is $524,900.
The median income in Braintree Town is $114,916.
According to the most recent data on the cost of living, Braintree Town has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.
Compared to Massachusetts, Braintree Town has a cost of living index that's 1.0x lower than Massachusetts's index of 143.
The standard of living in Braintree Town ranks as #77 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Braintree Town ranks as the #36 most expensive place in the Bay State.
For more reading on life in Braintree Town, check out:
Six factors go into calculating the cost of living index in Braintree Town. Here is how it fairs on each of the criteria:
The Services index in Braintree Town is 128.
The Groceries index in Braintree Town is 112.
The Health index in Braintree Town is 120.
The Housing index in Braintree Town is 190.
The Transportation index in Braintree Town is 108.
The Utilities index in Braintree Town is 123.
Living Expense | Braintree Town | Massachusetts | National Average | |
---|---|---|---|---|
Overall | 142 | 143 | 100 | |
Services | 128 | 126 | 100 | |
Groceries | 112 | 108 | 100 | |
Health | 120 | 117 | 100 | |
Housing | 190 | 202 | 100 | |
Transportation | 108 | 114 | 100 | |
Utilities | 123 | 123 | 100 |
Housing swings affordability the most between places in Massachusetts, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Braintree Town is $524,900.
The Median Rent in Braintree Town is $1,602.
The Median Income in Braintree Town is $114,916.
The Home Value To Income in Braintree Town is 4.6x.
The Rent To Monthly Income in Braintree Town is 0.17x.
Statistic | Braintree Town | Massachusetts | United States |
---|---|---|---|
Median Home Value | $524,900 | $424,700 | $244,900 |
Median Rent | $1,602 | $1,429 | $1,163 |
Median Income | $114,916 | $89,026 | $69,021 |
Home Value To Income | 4.6x | 4.8x | 3.5x |
Rent To Monthly Income | 0.17x | 0.19x | 0.2x |
Item | Braintree Town | Massachusetts |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $14.43 | $10.68 |
Bowling | $21.0 | $14.67 |
Haircut | $34.97 | $18.62 |
Beauty Salon | $64.17 | $39.05 |
Item | Braintree Town | Massachusetts |
---|---|---|
Ground Beef | $3.74 | $4.22 |
Fried Chicken | $1.64 | $1.39 |
Milk | $2.27 | $2.05 |
Potatoes | $4.02 | $3.29 |
Pizza | $11.16 | $10.62 |
Beer | $9.29 | $9.38 |
Toothpaste | $2.3 | $2.34 |
Item | Braintree Town | Massachusetts |
---|---|---|
Optometrist | $102.75 | $108.57 |
Doctor | $194.0 | $116.17 |
Dentist | $108.27 | $99.13 |
Item | Braintree Town | Massachusetts |
---|---|---|
Gasoline | $2.19 | $2.22 |
Tire Balancing | $64.47 | $50.07 |
Item | Braintree Town | Massachusetts |
---|---|---|
All Electricity | $233.87 | $167.67 |
Phone | $181.11 | $175.64 |