Cost of living in Saugus 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 Saugus 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 Saugus is 138, with 100 being the average.
The cost of living index in Saugus is 1.4x higher than the national average.
Saugus ranks as the #67 cheapest in Massachusetts out of 113.
Saugus ranks as the #5,521 cheapest out of 6,412 in the US.
The median home value in Saugus is $468,300.
The median income in Saugus is $93,737.
According to the most recent data on the cost of living, Saugus has an overall cost of living index of 138, which is 1.4x higher than the national index of 100.
Compared to Massachusetts, Saugus has a cost of living index that's 1.0x lower than Massachusetts's index of 143.
The standard of living in Saugus ranks as #67 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Saugus ranks as the #46 most expensive place in the Bay State.
For more reading on life in Saugus, check out:
Six factors go into calculating the cost of living index in Saugus. Here is how it fairs on each of the criteria:
The Services index in Saugus is 129.
The Groceries index in Saugus is 115.
The Health index in Saugus is 119.
The Housing index in Saugus is 171.
The Transportation index in Saugus is 110.
The Utilities index in Saugus is 121.
Living Expense | Saugus | Massachusetts | National Average | |
---|---|---|---|---|
Overall | 138 | 143 | 100 | |
Services | 129 | 126 | 100 | |
Groceries | 115 | 108 | 100 | |
Health | 119 | 117 | 100 | |
Housing | 171 | 202 | 100 | |
Transportation | 110 | 114 | 100 | |
Utilities | 121 | 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 Saugus is $468,300.
The Median Rent in Saugus is $1,140.
The Median Income in Saugus is $93,737.
The Home Value To Income in Saugus is 5.0x.
The Rent To Monthly Income in Saugus is 0.15x.
Statistic | Saugus | Massachusetts | United States |
---|---|---|---|
Median Home Value | $468,300 | $424,700 | $244,900 |
Median Rent | $1,140 | $1,429 | $1,163 |
Median Income | $93,737 | $89,026 | $69,021 |
Home Value To Income | 5.0x | 4.8x | 3.5x |
Rent To Monthly Income | 0.15x | 0.19x | 0.2x |
Item | Saugus | 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 | Saugus | 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 | Saugus | Massachusetts |
---|---|---|
Optometrist | $102.75 | $108.57 |
Doctor | $194.0 | $116.17 |
Dentist | $108.27 | $99.13 |
Item | Saugus | Massachusetts |
---|---|---|
Gasoline | $2.19 | $2.22 |
Tire Balancing | $64.47 | $50.07 |
Item | Saugus | Massachusetts |
---|---|---|
All Electricity | $233.87 | $167.67 |
Phone | $181.11 | $175.64 |
The cost of living varies in the cities and towns around Saugus. Here's a quick look at the cost of living in the most populous nearby places:
Lynn, MA has a cost of living index of 126, 0.9x Saugus.
Newton, MA has a cost of living index of 192, 1.4x Saugus.
Malden, MA has a cost of living index of 137, 1.0x Saugus.
City | Population | Cost Of Living | Vs. Saugus |
---|---|---|---|
Lynn, MA | 100,233 | 126 | 0.9x |
Newton, MA | 88,647 | 192 | 1.4x |
Malden, MA | 65,602 | 137 | 1.0x |
Brookline, MA | 62,620 | 191 | 1.4x |
Revere, MA | 60,720 | 134 | 1.0x |
Peabody, MA | 54,200 | 137 | 1.0x |
Everett, MA | 48,368 | 137 | 1.0x |
Chelsea, MA | 40,025 | 127 | 0.9x |
Lexington, MA | 34,235 | 190 | 1.4x |
Needham, MA | 31,808 | 180 | 1.3x |