Zip 01603 (Worcester, MA) Cost of Living


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Worcester cost of living score
111.5
More expensive
11.5% higher
than the US average
12.5% lower
than the Massachusetts average
Worcester (zip 01603), Massachusetts gets a BestPlaces Cost of Living score of 111.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.5% higher than the U.S. average and 12.5% higher than the average for Massachusetts.

Zip 01603 (Worcester, MA)

Housing costs in Worcester?
A typical home costs $331,500, which is 2.0% less expensive than the national average of $338,100 and 40.5% less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Worcester costs $1,560 per month, which is 27.1% cheaper than the national average of $2,140 and close to the state average of $1,530.

Can I afford Worcester?
To live comfortably in Worcester (zip 01603), Massachusetts, a minimum annual income of $63,360 for a family, and $48,000 for a single person is recommended.

What does A.I. say about Worcester?
The cost of living in 01603 Worcester, MA is relatively moderate compared to other locations in the United States. According to BestPlaces, the current cost of living index in 01603 Worcester is 81.44, which is lower than the national average of 100. This means that basic expenses such as food, transportation, and utilities are all notably lower than other areas across the country. Additionally, housing prices in Worcester tend to be quite reasonable when compared to other cities and towns in Massachusetts and beyond. All together, 01603 Worcester is a great place for those looking for a tight budget without sacrificing on quality of life.
   Cost of living score
     CategoriesWorcesterMassachusettsUnited States
  111.5127.5100.0
  104.9108.9100
  96.190.2100.0
  101.4175.0100.0
  $331,500$557,300$338,100
  110.3%112.9%100.0%
  95.8107.9100.0
  135.1147.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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