Ipswich, MA Cost of Living


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Ipswich cost of living score
131.5
More expensive
31.5% higher
than the US average
3.1% higher
than the Massachusetts average
Ipswich, Massachusetts gets a BestPlaces Cost of Living score of 131.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.5% higher than the U.S. average and 3.1% lower than the average for Massachusetts.

Ipswich, MA

Housing costs in Ipswich?
A typical home costs $712,800, which is 110.8% more expensive than the national average of $338,100 and 27.9% more expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Ipswich costs $2,230 per month, which is 55.9% more than the national average of $1,430 and 4.0% more than the state average of $2,140.

Can I afford Ipswich?
To live comfortably in Ipswich, Massachusetts, a minimum annual income of $136,440 for a family, and $73,600 for a single person is recommended.

What does A.I. say about Ipswich?
Ipswich, MA is an affluent area of Massachusetts with a house median value of $712800. The cost of living in this area is higher than the US average of 100. It stands at 140.8, which indicates that it is 40.8% more expensive to live in Ipswich than the average US city or town. This high cost of living reflects the high median house value and suggests that residents have access to many resources and amenities that are not available in other places with a lower cost of living.
   Cost of living score
     CategoriesIpswichMassachusettsUnited States
  131.5127.5100.0
  110.6108.9100
  88.690.2100.0
  226.7175.0100.0
  $712,800$557,300$338,100
  106.7%112.9%100.0%
  97.1107.9100.0
  144.7147.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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