Cochituate, MA (01778) is an excellent place to live. The average two bedroom rent in this area is higher than the US average at $3,010, but the grocery cost index for Cochituate is lower than the US average at 115 versus 100. This makes it easier to afford a comfortable lifestyle here. The area also has plenty of great local businesses to choose from including Dunkin Donuts, Fast Frame, and Paul's Drapery & Interior Design. With its low grocery cost index and convenient location, Cochituate can provide a great quality of life.
Cochituate (zip 01778) has an unemployment rate of 4.6%. The US average is 6.0%.
Cochituate (zip 01778) has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 43.4%, which is higher than the US average of 33.5%.
Tax Rates for Cochituate (zip 01778)
- The Sales Tax Rate for Cochituate (zip 01778) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Cochituate (zip 01778) 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 (zip 01778)
- The average income of a Cochituate (zip 01778) resident is $86,295 a year. The US average is $37,638 a year.
- The Median household income of a Cochituate (zip 01778) resident is $203,125 a year. The US average is $69,021 a year.