Cost of living in Hudson 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 Hudson 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 Hudson is 131, with 100 being the average.
The cost of living index in Hudson is 1.3x higher than the national average.
Hudson ranks as the #51 cheapest in Massachusetts out of 113.
Hudson ranks as the #5,294 cheapest out of 6,412 in the US.
The median home value in Hudson is $364,100.
The median income in Hudson is $83,828.
According to the most recent data on the cost of living, Hudson has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.
Compared to Massachusetts, Hudson has a cost of living index that's 0.9x lower than Massachusetts's index of 143.
The standard of living in Hudson ranks as #51 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Hudson ranks as the #62 most expensive place in the Bay State.
For more reading on life in Hudson, check out:
Six factors go into calculating the cost of living index in Hudson. Here is how it fairs on each of the criteria:
The Services index in Hudson is 131.
The Groceries index in Hudson is 113.
The Health index in Hudson is 118.
The Housing index in Hudson is 147.
The Transportation index in Hudson is 112.
The Utilities index in Hudson is 122.
Living Expense | Hudson | Massachusetts | National Average | |
---|---|---|---|---|
Overall | 131 | 143 | 100 | |
Services | 131 | 126 | 100 | |
Groceries | 113 | 108 | 100 | |
Health | 118 | 117 | 100 | |
Housing | 147 | 202 | 100 | |
Transportation | 112 | 114 | 100 | |
Utilities | 122 | 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 Hudson is $364,100.
The Median Rent in Hudson is $1,376.
The Median Income in Hudson is $83,828.
The Home Value To Income in Hudson is 4.3x.
The Rent To Monthly Income in Hudson is 0.2x.
Statistic | Hudson | Massachusetts | United States |
---|---|---|---|
Median Home Value | $364,100 | $424,700 | $244,900 |
Median Rent | $1,376 | $1,429 | $1,163 |
Median Income | $83,828 | $89,026 | $69,021 |
Home Value To Income | 4.3x | 4.8x | 3.5x |
Rent To Monthly Income | 0.2x | 0.19x | 0.2x |
Item | Hudson | Massachusetts |
---|---|---|
Shampoo | $1.02 | $1.06 |
Movie | $12.55 | $10.68 |
Bowling | $5.61 | $14.67 |
Haircut | $16.68 | $18.62 |
Beauty Salon | $50.37 | $39.05 |
Item | Hudson | Massachusetts |
---|---|---|
Ground Beef | $3.34 | $4.22 |
Fried Chicken | $1.71 | $1.39 |
Milk | $2.49 | $2.05 |
Potatoes | $3.3 | $3.29 |
Pizza | $11.3 | $10.62 |
Beer | $9.6 | $9.38 |
Toothpaste | $2.75 | $2.34 |
Item | Hudson | Massachusetts |
---|---|---|
Optometrist | $136.98 | $108.57 |
Doctor | $151.91 | $116.17 |
Dentist | $110.63 | $99.13 |
Item | Hudson | Massachusetts |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $59.24 | $50.07 |
Item | Hudson | Massachusetts |
---|---|---|
All Electricity | $217.29 | $167.67 |
Phone | $31.08 | $175.64 |
The cost of living varies in the cities and towns around Hudson. Here's a quick look at the cost of living in the most populous nearby places:
Newton, MA has a cost of living index of 192, 1.5x Hudson.
Marlborough, MA has a cost of living index of 131, 1.0x Hudson.
Lexington, MA has a cost of living index of 190, 1.5x Hudson.
City | Population | Cost Of Living | Vs. Hudson |
---|---|---|---|
Newton, MA | 88,647 | 192 | 1.5x |
Marlborough, MA | 41,505 | 131 | 1.0x |
Lexington, MA | 34,235 | 190 | 1.5x |
Needham, MA | 31,808 | 180 | 1.4x |
Wellesley, MA | 29,365 | 216 | 1.6x |
Belmont, MA | 27,056 | 181 | 1.4x |
Maynard, MA | 10,702 | 134 | 1.0x |
Clinton, MA | 7,455 | 116 | 0.9x |
West Concord, MA | 7,003 | 172 | 1.3x |
Cochituate, MA | 6,966 | 178 | 1.4x |