Swampscott, MA Cost Of Living
Cost Of Living In Swampscott, MA Summary
Cost of living in Swampscott 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 Swampscott 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 Swampscott is 149, with 100 being the average.
The cost of living index in Swampscott is 1.5x higher than the national average.
Swampscott ranks as the #87 cheapest in Massachusetts out of 113.
Swampscott ranks as the #5,822 cheapest out of 6,412 in the US.
The median home value in Swampscott is $560,500.
The median income in Swampscott is $114,086.
Table Of Contents
Swampscott's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Swampscott, MA?
According to the most recent data on the cost of living, Swampscott has an overall cost of living index of 149, which is 1.5x higher than the national index of 100.
Compared to Massachusetts, Swampscott has a cost of living index that's 1.0x higher than Massachusetts's index of 143.
The standard of living in Swampscott ranks as #87 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Swampscott ranks as the #26 most expensive place in the Bay State.
For more reading on life in Swampscott, check out:
- Living In Swampscott
- Swampscott Crime Report
- Search Homes For Sale In Swampscott, MA
In Massachusetts
In America
Swampscott Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Swampscott. Here is how it fairs on each of the criteria:
The Services index in Swampscott is 128.
The Groceries index in Swampscott is 115.
The Health index in Swampscott is 123.
The Housing index in Swampscott is 213.
The Transportation index in Swampscott is 109.
The Utilities index in Swampscott is 123.
| Living Expense | Swampscott | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 149 | 143 | 100 | |
| Services | 128 | 126 | 100 | |
| Groceries | 115 | 108 | 100 | |
| Health | 123 | 117 | 100 | |
| Housing | 213 | 202 | 100 | |
| Transportation | 109 | 114 | 100 | |
| Utilities | 123 | 123 | 100 | |
Swampscott, 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 Swampscott is $560,500.
The Median Rent in Swampscott is $2,056.
The Median Income in Swampscott is $114,086.
The Home Value To Income in Swampscott is 4.9x.
The Rent To Monthly Income in Swampscott is 0.22x.
| Statistic | Swampscott | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $560,500 | $424,700 | $244,900 |
| Median Rent | $2,056 | $1,429 | $1,163 |
| Median Income | $114,086 | $89,026 | $69,021 |
| Home Value To Income | 4.9x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Swampscott, MA Costs By Category
Detailed Swampscott Services Costs Vs. Massachusetts
| Item | Swampscott | 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 Swampscott Groceries Costs Vs. Massachusetts
| Item | Swampscott | 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 Swampscott Health Costs Vs. Massachusetts
| Item | Swampscott | Massachusetts |
|---|---|---|
| Optometrist | $102.75 | $108.57 |
| Doctor | $194.0 | $116.17 |
| Dentist | $108.27 | $99.13 |
Detailed Swampscott Transportation Costs Vs. Massachusetts
| Item | Swampscott | Massachusetts |
|---|---|---|
| Gasoline | $2.19 | $2.22 |
| Tire Balancing | $64.47 | $50.07 |
Detailed Swampscott Utilities Costs Vs. Massachusetts
| Item | Swampscott | Massachusetts |
|---|---|---|
| All Electricity | $233.87 | $167.67 |
| Phone | $181.11 | $175.64 |
Swampscott SnackAbility
/10
Cost Of Living In Cities Around Swampscott
The cost of living varies in the cities and towns around Swampscott. 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, 0.8x Swampscott.
Newton, MA has a cost of living index of 192, 1.3x Swampscott.
Brookline, MA has a cost of living index of 191, 1.3x Swampscott.
| City | Population | Cost Of Living | Vs. Swampscott |
|---|---|---|---|
| Lynn, MA | 100,233 | 126 | 0.8x |
| Newton, MA | 88,647 | 192 | 1.3x |
| Brookline, MA | 62,620 | 191 | 1.3x |
| Revere, MA | 60,720 | 134 | 0.9x |
| Peabody, MA | 54,200 | 137 | 0.9x |
| Arlington, MA | 46,045 | 162 | 1.1x |
| Salem, MA | 44,452 | 132 | 0.9x |
| Beverly, MA | 42,448 | 139 | 0.9x |
| Lexington, MA | 34,235 | 190 | 1.3x |
| Melrose, MA | 29,567 | 145 | 1.0x |
