Peabody (zip 01960), Massachusetts gets a BestPlaces Cost of Living index of 131.5, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 31.5 percent higher than the U.S. average and 3.1 percent lower than the average for Massachusetts.
A typical home costs $578,100, which is 71.0 percent more expensive than the national average of $338,100 and 3.7 percent more expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Peabody costs $2,360 per month, which is 10.3 percent more than the national average of $2,140 and 2.5 percent cheaper than the state average of $2,420.
To live comfortably in Peabody (zip 01960), Massachusetts, a minimum annual income of $110,880 for a family, and $77,600 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Peabody (zip 01960) is cheaper than the US average. A cost of living index above 100 means Peabody (zip 01960), Massachusetts is more expensive.
Peabody (zip 01960) cost of living is 131.5