Cost of Living in Zip 02584 (Nantucket, MA)

The cost of living in 02584 Nantucket, MA is relatively high compared to the national average. The median home value in Nantucket is $1,092,388, which is more than double the national median of $217,000. Property taxes are also on the higher side at around $7,633 per year for a home valued at $1 million. Additionally, groceries and other goods will often be pricier than they would be elsewhere due to the fact that much of it must be shipped in from off-island locations. Despite its higher cost of living, Nantucket continues to be a desirable location for many looking for a unique coastal lifestyle with an abundance of outdoor activities and amenities.

Our cost of living indices are based on a US average of 100. An amount below 100 means Nantucket (zip 02584) is cheaper than the US average. A cost of living index above 100 means Nantucket (zip 02584), Massachusetts is more expensive.

Nantucket (zip 02584) cost of living is 257.3