Holbrook, MA Cost Of Living
Cost Of Living In Holbrook, MA Summary
Cost of living in Holbrook 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 Holbrook 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 Holbrook is 126, with 100 being the average.
The cost of living index in Holbrook is 1.3x higher than the national average.
Holbrook ranks as the #41 cheapest in Massachusetts out of 113.
Holbrook ranks as the #5,091 cheapest out of 6,412 in the US.
The median home value in Holbrook is $347,300.
The median income in Holbrook is $89,763.
Table Of Contents
Holbrook's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Holbrook, MA?
According to the most recent data on the cost of living, Holbrook has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to Massachusetts, Holbrook has a cost of living index that's 0.9x lower than Massachusetts's index of 143.
The standard of living in Holbrook ranks as #41 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Holbrook ranks as the #72 most expensive place in the Bay State.
For more reading on life in Holbrook, check out:
- Living In Holbrook
- Holbrook Crime Report
- Search Homes For Sale In Holbrook, MA
In Massachusetts
In America
Holbrook Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Holbrook. Here is how it fairs on each of the criteria:
The Services index in Holbrook is 129.
The Groceries index in Holbrook is 115.
The Health index in Holbrook is 121.
The Housing index in Holbrook is 138.
The Transportation index in Holbrook is 110.
The Utilities index in Holbrook is 124.
| Living Expense | Holbrook | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 126 | 143 | 100 | |
| Services | 129 | 126 | 100 | |
| Groceries | 115 | 108 | 100 | |
| Health | 121 | 117 | 100 | |
| Housing | 138 | 202 | 100 | |
| Transportation | 110 | 114 | 100 | |
| Utilities | 124 | 123 | 100 | |
Holbrook, MA Housing Cost Breakdown
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 Holbrook is $347,300.
The Median Rent in Holbrook is $1,015.
The Median Income in Holbrook is $89,763.
The Home Value To Income in Holbrook is 3.9x.
The Rent To Monthly Income in Holbrook is 0.14x.
| Statistic | Holbrook | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $347,300 | $424,700 | $244,900 |
| Median Rent | $1,015 | $1,429 | $1,163 |
| Median Income | $89,763 | $89,026 | $69,021 |
| Home Value To Income | 3.9x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Holbrook, MA Costs By Category
Detailed Holbrook Services Costs Vs. Massachusetts
| Item | Holbrook | 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 |
Detailed Holbrook Groceries Costs Vs. Massachusetts
| Item | Holbrook | 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 |
Detailed Holbrook Health Costs Vs. Massachusetts
| Item | Holbrook | Massachusetts |
|---|---|---|
| Optometrist | $102.75 | $108.57 |
| Doctor | $194.0 | $116.17 |
| Dentist | $108.27 | $99.13 |
Detailed Holbrook Transportation Costs Vs. Massachusetts
| Item | Holbrook | Massachusetts |
|---|---|---|
| Gasoline | $2.19 | $2.22 |
| Tire Balancing | $64.47 | $50.07 |
Detailed Holbrook Utilities Costs Vs. Massachusetts
| Item | Holbrook | Massachusetts |
|---|---|---|
| All Electricity | $233.87 | $167.67 |
| Phone | $181.11 | $175.64 |
Holbrook SnackAbility
/10
Cost Of Living In Cities Around Holbrook
The cost of living varies in the cities and towns around Holbrook. Here's a quick look at the cost of living in the most populous nearby places:
Cambridge, MA has a cost of living index of 172, 1.4x Holbrook.
Brockton, MA has a cost of living index of 122, 1.0x Holbrook.
Quincy, MA has a cost of living index of 139, 1.1x Holbrook.
| City | Population | Cost Of Living | Vs. Holbrook |
|---|---|---|---|
| Cambridge, MA | 116,892 | 172 | 1.4x |
| Brockton, MA | 104,216 | 122 | 1.0x |
| Quincy, MA | 100,544 | 139 | 1.1x |
| Newton, MA | 88,647 | 192 | 1.5x |
| Somerville, MA | 80,608 | 158 | 1.3x |
| Southfield, MI | 76,196 | 96 | 0.8x |
| Brookline, MA | 62,620 | 191 | 1.5x |
| Needham, MA | 31,808 | 180 | 1.4x |
| Wellesley, MA | 29,365 | 216 | 1.7x |
| Milton, MA | 28,382 | 156 | 1.2x |
