Cost of living in Hull 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 Hull 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 Hull is 140, with 100 being the average.
The cost of living index in Hull is 1.4x higher than the national average.
Hull ranks as the #72 cheapest in Massachusetts out of 113.
Hull ranks as the #5,578 cheapest out of 6,412 in the US.
The median home value in Hull is $454,600.
The median income in Hull is $117,120.
According to the most recent data on the cost of living, Hull has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.
Compared to Massachusetts, Hull has a cost of living index that's 1.0x lower than Massachusetts's index of 143.
The standard of living in Hull ranks as #72 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Hull ranks as the #41 most expensive place in the Bay State.
For more reading on life in Hull, check out:
Six factors go into calculating the cost of living index in Hull. Here is how it fairs on each of the criteria:
The Services index in Hull is 128.
The Groceries index in Hull is 114.
The Health index in Hull is 120.
The Housing index in Hull is 175.
The Transportation index in Hull is 111.
The Utilities index in Hull is 123.
Living Expense | Hull | Massachusetts | National Average | |
---|---|---|---|---|
Overall | 140 | 143 | 100 | |
Services | 128 | 126 | 100 | |
Groceries | 114 | 108 | 100 | |
Health | 120 | 117 | 100 | |
Housing | 175 | 202 | 100 | |
Transportation | 111 | 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 Hull is $454,600.
The Median Rent in Hull is $1,672.
The Median Income in Hull is $117,120.
The Home Value To Income in Hull is 3.9x.
The Rent To Monthly Income in Hull is 0.17x.
Statistic | Hull | Massachusetts | United States |
---|---|---|---|
Median Home Value | $454,600 | $424,700 | $244,900 |
Median Rent | $1,672 | $1,429 | $1,163 |
Median Income | $117,120 | $89,026 | $69,021 |
Home Value To Income | 3.9x | 4.8x | 3.5x |
Rent To Monthly Income | 0.17x | 0.19x | 0.2x |
Item | Hull | 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 | Hull | 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 | Hull | Massachusetts |
---|---|---|
Optometrist | $102.75 | $108.57 |
Doctor | $194.0 | $116.17 |
Dentist | $108.27 | $99.13 |
Item | Hull | Massachusetts |
---|---|---|
Gasoline | $2.19 | $2.22 |
Tire Balancing | $64.47 | $50.07 |
Item | Hull | Massachusetts |
---|---|---|
All Electricity | $233.87 | $167.67 |
Phone | $181.11 | $175.64 |
The cost of living varies in the cities and towns around Hull. 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, 1.1x Hull.
Quincy, MA has a cost of living index of 139, 1.0x Hull.
Newton, MA has a cost of living index of 192, 1.4x Hull.
City | Population | Cost Of Living | Vs. Hull |
---|---|---|---|
Boston, MA | 672,814 | 148 | 1.1x |
Quincy, MA | 100,544 | 139 | 1.0x |
Newton, MA | 88,647 | 192 | 1.4x |
Brookline, MA | 62,620 | 191 | 1.4x |
Revere, MA | 60,720 | 134 | 1.0x |
Everett, MA | 48,368 | 137 | 1.0x |
Arlington, MA | 46,045 | 162 | 1.2x |
Chelsea, MA | 40,025 | 127 | 0.9x |
Lexington, MA | 34,235 | 190 | 1.4x |
Needham, MA | 31,808 | 180 | 1.3x |