Zip 02053 (Medway, MA) Cost of Living


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Medway cost of living score
143.4
More expensive
43.4% higher
than the US average
12.5% higher
than the Massachusetts average
Medway (zip 02053), Massachusetts gets a BestPlaces Cost of Living score of 143.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 43.4% higher than the U.S. average and 12.5% lower than the average for Massachusetts.

Zip 02053 (Medway, MA)

Housing costs in Medway?
A typical home costs $592,500, which is 75.2% more expensive than the national average of $338,100 and 6.3% more expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Medway costs $2,150 per month, which is 50.3% more than the national average of $1,430 and close to the state average of $2,140.

Can I afford Medway?
To live comfortably in Medway (zip 02053), Massachusetts, a minimum annual income of $113,400 for a family, and $71,600 for a single person is recommended.

What does A.I. say about Medway?
The cost of living in 02053 Medway, MA is relatively high compared to the national average. The median home price in this zip code is $556,400, which is significantly higher than the median home price in the US as a whole. Additionally, the cost of goods and services is above average due to its proximity to Boston. Groceries, transportation, and healthcare costs are all slightly above the US average. Despite this, residents enjoy a high quality of life with close access to amenities and attractions in nearby cities. Overall, living in 02053 Medway can be expensive but worth it for those who wish to live near Boston while still having access to suburban comforts.
   Cost of living score
     CategoriesMedwayMassachusettsUnited States
  143.4127.5100.0
  108.8108.9100
  89.690.2100.0
  187.3175.0100.0
  $592,500$557,300$338,100
  115.3%112.9%100.0%
  135.6107.9100.0
  166.9147.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime