Siasconset, MA Economy

Siasconset, MA is a small, picturesque town located on Nantucket island. It is known for its sandy beaches, quaint shops, and local seafood restaurants. The cost of living in Siasconset is higher than most other places in the US; 2 bedroom rents are nearly three times higher at $4,990 versus $1,430 nationally. Similarly, grocery costs are 23% higher as measured by the Grocery Cost Index at 123 versus 100 nationally. Local businesses in Siasconset include The Summer House Restaurant & Bar which offers fresh seafood dishes with stunning ocean views, Murray’s Toggery Shop which sells classic Nantucket style clothing and accessories with a modern twist, and Siasconset Market which provides a variety of goods including wine and beer.