Zip 01450 (Groton, MA)  Cost of Living

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Zip 01450 (Groton, MA) Cost of Living

Groton (zip 01450), Massachusetts gets a BestPlaces Cost of Living index of 144.7, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 44.7 percent higher than the U.S. average and 13.5 percent lower than the average for Massachusetts.

A typical home costs $644,000, which is 90.5 percent more expensive than the national average of $338,100 and 15.6 percent more expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Groton costs $2,260 per month, which is 58.0 percent more than the national average of $1,430 and 5.3 percent more than the state average of $2,140.

To live comfortably in Groton (zip 01450), Massachusetts, a minimum annual income of $123,480 for a family, and $74,400 for a single person is recommended.

Our cost of living indices are based on a US average of 100. An amount below 100 means Groton (zip 01450) is cheaper than the US average. A cost of living index above 100 means Groton (zip 01450), Massachusetts is more expensive.

Groton (zip 01450) cost of living is 144.7

COST OF LIVINGGrotonMassachusettsUSA
  144.7127.5100
  109.9108.9100
  9590.2100
  210175100
  $644,000$557,300$338,100
  111.8112.9100
  107.1107.9100
  175.3147.9100
100=National Average
AVERAGE RENT BY BEDROOM SIZE
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