Cochituate, MA is an attractive suburb of Boston known for its affordability and convenience. The average two-bedroom rent is $2,970, which is almost double the national average of $1,430. Not only is rent more affordable in Cochituate compared to other parts of the country, but grocery prices are also much lower – with a Grocery Cost Index of 115 versus 100 in the US.
The town has many local businesses that help make living there pleasant and convenient. There are plenty of great restaurants like The Prime Rib Room at Natick Mall or Raffael's Italian Eatery & Pizzeria, as well as a number of retail stores like Mathworks or Micro Center. Additionally, Cochituate is home to numerous entertainment venues such as Regent Theatre and Skate World Family Fun Center. Residents can also take advantage of the nearby Wayland Town Beach with its beautiful views and recreational activities such as fishing and swimming.
Cochituate has an unemployment rate of 5.2%. The US average is 6.0%.
Cochituate has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.
Tax Rates for Cochituate
- The Sales Tax Rate for Cochituate is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Cochituate is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cochituate
- The average income of a Cochituate resident is $57,848 a year. The US average is $28,555 a year.
- The Median household income of a Cochituate resident is $176,458 a year. The US average is $69,021 a year.