Zip 02148 (Malden, MA) Cost of Living

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Malden cost of living score
More expensive
44.7% higher
than the US average
13.5% higher
than the Massachusetts average
Malden (zip 02148), Massachusetts gets a BestPlaces Cost of Living score of 144.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 44.7% higher than the U.S. average and 13.5% lower than the average for Massachusetts.

Zip 02148 (Malden, MA)

Housing costs in Malden?
A typical home costs $571,800, which is 69.1% more expensive than the national average of $338,100 and 2.6% more expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Malden costs $2,780 per month, which is 29.9% more than the national average of $2,140 and 12.9% more than the state average of $2,420.

Can I afford Malden?
To live comfortably in Malden (zip 02148), Massachusetts, a minimum annual income of $109,440 for a family, and $91,600 for a single person is recommended.

What does A.I. say about Malden?
The cost of living in 02148 Malden, MA is relatively affordable. According to Sperling's BestPlaces, the city has an overall cost of living index score of 105, which is slightly above the national average. The median home price for Malden is $391,400 USD and the median rental rate is $1,460 USD per month. Additionally, groceries are 6% more expensive than the national average while utilities and transportation costs are both 3% higher than the average. Despite these higher costs, overall housing expenses in Malden are 14% below the national average making it a great option for those looking for an affordable living situation.
   Cost of living score
     CategoriesMaldenMassachusettsUnited States

   100=National Average

   Average Rent by Bedroom Size