Cost of living in Salisbury 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 Salisbury 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 Salisbury is 122, with 100 being the average.
The cost of living index in Salisbury is 1.2x higher than the national average.
Salisbury ranks as the #35 cheapest in Massachusetts out of 113.
Salisbury ranks as the #4,905 cheapest out of 6,412 in the US.
The median home value in Salisbury is $370,300.
The median income in Salisbury is $88,350.
According to the most recent data on the cost of living, Salisbury has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to Massachusetts, Salisbury has a cost of living index that's 0.9x lower than Massachusetts's index of 143.
The standard of living in Salisbury ranks as #35 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Salisbury ranks as the #78 most expensive place in the Bay State.
For more reading on life in Salisbury, check out:
Six factors go into calculating the cost of living index in Salisbury. Here is how it fairs on each of the criteria:
The Services index in Salisbury is 110.
The Groceries index in Salisbury is 98.
The Health index in Salisbury is 114.
The Housing index in Salisbury is 161.
The Transportation index in Salisbury is 97.
The Utilities index in Salisbury is 113.
Living Expense | Salisbury | Massachusetts | National Average | |
---|---|---|---|---|
Overall | 122 | 143 | 100 | |
Services | 110 | 126 | 100 | |
Groceries | 98 | 108 | 100 | |
Health | 114 | 117 | 100 | |
Housing | 161 | 202 | 100 | |
Transportation | 97 | 114 | 100 | |
Utilities | 113 | 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 Salisbury is $370,300.
The Median Rent in Salisbury is $1,695.
The Median Income in Salisbury is $88,350.
The Home Value To Income in Salisbury is 4.2x.
The Rent To Monthly Income in Salisbury is 0.23x.
Statistic | Salisbury | Massachusetts | United States |
---|---|---|---|
Median Home Value | $370,300 | $424,700 | $244,900 |
Median Rent | $1,695 | $1,429 | $1,163 |
Median Income | $88,350 | $89,026 | $69,021 |
Home Value To Income | 4.2x | 4.8x | 3.5x |
Rent To Monthly Income | 0.23x | 0.19x | 0.2x |
Item | Salisbury | Massachusetts |
---|---|---|
Shampoo | $0.98 | $1.06 |
Movie | $8.77 | $10.68 |
Bowling | $19.0 | $14.67 |
Haircut | $25.03 | $18.62 |
Beauty Salon | $41.18 | $39.05 |
Item | Salisbury | Massachusetts |
---|---|---|
Ground Beef | $3.49 | $4.22 |
Fried Chicken | $1.19 | $1.39 |
Milk | $2.79 | $2.05 |
Potatoes | $3.41 | $3.29 |
Pizza | $11.09 | $10.62 |
Beer | $8.99 | $9.38 |
Toothpaste | $2.64 | $2.34 |
Item | Salisbury | Massachusetts |
---|---|---|
Optometrist | $101.89 | $108.57 |
Doctor | $152.49 | $116.17 |
Dentist | $121.64 | $99.13 |
Item | Salisbury | Massachusetts |
---|---|---|
Gasoline | $2.0 | $2.22 |
Tire Balancing | $51.84 | $50.07 |
Item | Salisbury | Massachusetts |
---|---|---|
All Electricity | $205.73 | $167.67 |
Phone | $179.98 | $175.64 |
The cost of living varies in the cities and towns around Salisbury. Here's a quick look at the cost of living in the most populous nearby places:
Haverhill, MA has a cost of living index of 117, 1.0x Salisbury.
Beverly, MA has a cost of living index of 139, 1.1x Salisbury.
Gloucester, MA has a cost of living index of 136, 1.1x Salisbury.
City | Population | Cost Of Living | Vs. Salisbury |
---|---|---|---|
Haverhill, MA | 67,093 | 117 | 1.0x |
Beverly, MA | 42,448 | 139 | 1.1x |
Gloucester, MA | 29,814 | 136 | 1.1x |
Danvers, MA | 27,966 | 140 | 1.1x |
Portsmouth, NH | 21,897 | 128 | 1.0x |
Newburyport, MA | 18,282 | 137 | 1.1x |
Exeter, NH | 9,908 | 110 | 0.9x |
Hampton, NH | 9,900 | 124 | 1.0x |
Andover, MA | 8,958 | 153 | 1.3x |
Newmarket, NH | 5,621 | 108 | 0.9x |