Walpole, MA Cost Of Living
Cost Of Living In Walpole, MA Summary
Cost of living in Walpole 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 Walpole 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 Walpole is 143, with 100 being the average.
The cost of living index in Walpole is 1.4x higher than the national average.
Walpole ranks as the #78 cheapest in Massachusetts out of 113.
Walpole ranks as the #5,677 cheapest out of 6,412 in the US.
The median home value in Walpole is $457,100.
The median income in Walpole is $97,344.
Table Of Contents
Walpole's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Walpole, MA?
According to the most recent data on the cost of living, Walpole has an overall cost of living index of 143, which is 1.4x higher than the national index of 100.
Compared to Massachusetts, Walpole has a cost of living index that's 1.0x lower than Massachusetts's index of 143.
The standard of living in Walpole ranks as #78 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Walpole ranks as the #35 most expensive place in the Bay State.
For more reading on life in Walpole, check out:
- Living In Walpole
- Walpole Crime Report
- Search Homes For Sale In Walpole, MA
In Massachusetts
In America
Walpole Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Walpole. Here is how it fairs on each of the criteria:
The Services index in Walpole is 130.
The Groceries index in Walpole is 112.
The Health index in Walpole is 121.
The Housing index in Walpole is 187.
The Transportation index in Walpole is 112.
The Utilities index in Walpole is 119.
| Living Expense | Walpole | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 143 | 143 | 100 | |
| Services | 130 | 126 | 100 | |
| Groceries | 112 | 108 | 100 | |
| Health | 121 | 117 | 100 | |
| Housing | 187 | 202 | 100 | |
| Transportation | 112 | 114 | 100 | |
| Utilities | 119 | 123 | 100 | |
Walpole, 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 Walpole is $457,100.
The Median Rent in Walpole is $1,551.
The Median Income in Walpole is $97,344.
The Home Value To Income in Walpole is 4.7x.
The Rent To Monthly Income in Walpole is 0.19x.
| Statistic | Walpole | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $457,100 | $424,700 | $244,900 |
| Median Rent | $1,551 | $1,429 | $1,163 |
| Median Income | $97,344 | $89,026 | $69,021 |
| Home Value To Income | 4.7x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Walpole, MA Costs By Category
Detailed Walpole Services Costs Vs. Massachusetts
| Item | Walpole | 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 |
Detailed Walpole Groceries Costs Vs. Massachusetts
| Item | Walpole | 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 |
Detailed Walpole Health Costs Vs. Massachusetts
| Item | Walpole | Massachusetts |
|---|---|---|
| Optometrist | $136.98 | $108.57 |
| Doctor | $151.91 | $116.17 |
| Dentist | $110.63 | $99.13 |
Detailed Walpole Transportation Costs Vs. Massachusetts
| Item | Walpole | Massachusetts |
|---|---|---|
| Gasoline | $2.42 | $2.22 |
| Tire Balancing | $59.24 | $50.07 |
Detailed Walpole Utilities Costs Vs. Massachusetts
| Item | Walpole | Massachusetts |
|---|---|---|
| All Electricity | $217.29 | $167.67 |
| Phone | $31.08 | $175.64 |
Walpole SnackAbility
/10
Cost Of Living In Cities Around Walpole
The cost of living varies in the cities and towns around Walpole. Here's a quick look at the cost of living in the most populous nearby places:
Cambridge, MA has a cost of living index of 172, 1.2x Walpole.
Newton, MA has a cost of living index of 192, 1.3x Walpole.
Brookline, MA has a cost of living index of 191, 1.3x Walpole.
| City | Population | Cost Of Living | Vs. Walpole |
|---|---|---|---|
| Cambridge, MA | 116,892 | 172 | 1.2x |
| Newton, MA | 88,647 | 192 | 1.3x |
| Brookline, MA | 62,620 | 191 | 1.3x |
| Needham, MA | 31,808 | 180 | 1.3x |
| Norwood, MA | 31,256 | 143 | 1.0x |
| Wellesley, MA | 29,365 | 216 | 1.5x |
| Milton, MA | 28,382 | 156 | 1.1x |
| Belmont, MA | 27,056 | 181 | 1.3x |
| Dedham, MA | 25,308 | 141 | 1.0x |
| Mansfield Center, MA | 7,689 | 129 | 0.9x |
