Cost of living in Brookline 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 Brookline 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 Brookline is 191, with 100 being the average.
The cost of living index in Brookline is 1.9x higher than the national average.
Brookline ranks as the #110 cheapest in Massachusetts out of 113.
Brookline ranks as the #6,276 cheapest out of 6,412 in the US.
The median home value in Brookline is $1,055,400.
The median income in Brookline is $122,356.
According to the most recent data on the cost of living, Brookline has an overall cost of living index of 191, which is 1.9x higher than the national index of 100.
Compared to Massachusetts, Brookline has a cost of living index that's 1.3x higher than Massachusetts's index of 143.
The standard of living in Brookline ranks as #110 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Brookline ranks as the #3 most expensive place in the Bay State.
For more reading on life in Brookline, check out:
Six factors go into calculating the cost of living index in Brookline. Here is how it fairs on each of the criteria:
The Services index in Brookline is 129.
The Groceries index in Brookline is 113.
The Health index in Brookline is 120.
The Housing index in Brookline is 353.
The Transportation index in Brookline is 109.
The Utilities index in Brookline is 123.
Living Expense | Brookline | Massachusetts | National Average | |
---|---|---|---|---|
Overall | 191 | 143 | 100 | |
Services | 129 | 126 | 100 | |
Groceries | 113 | 108 | 100 | |
Health | 120 | 117 | 100 | |
Housing | 353 | 202 | 100 | |
Transportation | 109 | 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 Brookline is $1,055,400.
The Median Rent in Brookline is $2,452.
The Median Income in Brookline is $122,356.
The Home Value To Income in Brookline is 8.6x.
The Rent To Monthly Income in Brookline is 0.24x.
Statistic | Brookline | Massachusetts | United States |
---|---|---|---|
Median Home Value | $1,055,400 | $424,700 | $244,900 |
Median Rent | $2,452 | $1,429 | $1,163 |
Median Income | $122,356 | $89,026 | $69,021 |
Home Value To Income | 8.6x | 4.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.19x | 0.2x |
Item | Brookline | 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 | Brookline | 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 | Brookline | Massachusetts |
---|---|---|
Optometrist | $102.75 | $108.57 |
Doctor | $194.0 | $116.17 |
Dentist | $108.27 | $99.13 |
Item | Brookline | Massachusetts |
---|---|---|
Gasoline | $2.19 | $2.22 |
Tire Balancing | $64.47 | $50.07 |
Item | Brookline | Massachusetts |
---|---|---|
All Electricity | $233.87 | $167.67 |
Phone | $181.11 | $175.64 |
The cost of living varies in the cities and towns around Brookline. Here's a quick look at the cost of living in the most populous nearby places:
Boston, MA has a cost of living index of 148, 0.8x Brookline.
Cambridge, MA has a cost of living index of 172, 0.9x Brookline.
Newton, MA has a cost of living index of 192, 1.0x Brookline.
City | Population | Cost Of Living | Vs. Brookline |
---|---|---|---|
Boston, MA | 672,814 | 148 | 0.8x |
Cambridge, MA | 116,892 | 172 | 0.9x |
Newton, MA | 88,647 | 192 | 1.0x |
Somerville, MA | 80,608 | 158 | 0.8x |
Arlington, MA | 46,045 | 162 | 0.8x |
Lexington, MA | 34,235 | 190 | 1.0x |
Needham, MA | 31,808 | 180 | 0.9x |
Wellesley, MA | 29,365 | 216 | 1.1x |
Milton, MA | 28,382 | 156 | 0.8x |
Belmont, MA | 27,056 | 181 | 0.9x |