D+
15%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
32%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Easthampton Town Massachusetts National
Cost of living115133100
Goods & Services108122100
Groceries101105100
Health care103113100
Housing132165100
Transportation96118100
Utilities127134100

An Overview of Cost of Living in Easthampton Town, MA

Understanding the cost of living in Easthampton Town can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Easthampton Town cost of living index is 115, which is 15% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

When it comes to the cost of living in Easthampton Town, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 32.5% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.

Is Easthampton Town Affordable?

Wondering if Easthampton Town is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Easthampton Town, for example, the median home price is 44.1% higher than what folks pay nationally, and monthly rent is 5.4% higher than the usual rates. Plus, income levels matter too, with Easthampton Town boasting a median household income of $63,657, which is 15.1% higher than the national average.

What Factors can Influence the Cost of Living in Easthampton Town?

Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Easthampton Town, the groceries index is 0.7% higher than the national average.

Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Easthampton Town, the utilities index registers at 26.6% higher than the national average.

Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Easthampton Town, the transportation index stands at 3.7% lower than the national average.

Where is the Data From?

The cost of living data in Easthampton Town displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in Easthampton Town is 14% lower than the Massachusetts average
  • The cost of living in Easthampton Town is 15% higher than the national average
  • Easthampton Town housing is 32% higher than the national average
  • Massachusetts general sales tax is 22% higher than the national average
  • Massachusetts state income tax is 93% higher than the national average

Most Affordable Places to Live in and Around Easthampton Town

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Compare Easthampton Town, MA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$81,400$6,783$1,899$2,442
      Renters$42,705$3,559$996$1,281
      A good way to judge both the affordability of the housing and the cost of living in Easthampton Town is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Easthampton Town has a median income of about $81,400 for people who own homes. Based on that number, a maximum of $1,899 should be spent on expenses related to housing. Renters have a slightly different median income, which is $42,705. Based on this average, renters should spend no more than $996 on all rental costs if they want to maintain a non-impoverished standard of living.

      Massachusetts Sales Tax

      State General Sales Tax With Max Surtax
      Massachusetts 6.25% 6.25%

      Massachusetts Income Tax

      State Income Tax (Low) Income Tax (High)
      Massachusetts 5% 9%

      Goods & Services

      Item Easthampton Town National avg. Difference
      Haircut $33.78$24.2639.2%
      Beauty Salon $58.55$45.5628.5%
      Toothpaste $3.65$3.701.5%
      Shampoo $1.42$1.2810.9%
      Movie $12.85$12.135.9%
      Bowling $18.33$18.001.9%

      Groceries

      Item Easthampton Town National avg. Difference
      Ground Beef $6.23$5.846.7%
      Fried Chicken $1.46$1.577.4%
      Milk $4.73$4.671.2%
      Potatoes $4.96$4.930.6%
      Pizza $10.79$12.0910.7%
      Beer $10.49$10.410.8%

      Health Care

      Item Easthampton Town National avg. Difference
      Optometrist $166.22$125.6832.3%
      Doctor $182.50$135.7834.4%
      Dentist $127.00$113.2912.1%
      Ibuprofen $10.89$10.652.2%
      Lipitor $384.88$468.6017.9%

      Housing

      Item Easthampton Town National avg. Difference
      Home Price $266,100.00$184,700.0044.1%
      Avg. Mortgage Payment $2,110.08$2,346.6910.1%
      Apartment Rent $1,000.00$949.005.4%

      Transportation

      Item Easthampton Town National avg. Difference
      Gasoline $3.34$3.463.4%
      Tire Balancing $71.63$59.9219.5%

      Utilities

      Item Easthampton Town National avg. Difference
      All Electricity $302.09$193.9955.7%
      Phone $185.16$192.253.7%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Springfield, MA153,6771022.1%
      Huntington, MA6751054.6%
      Chicopee, MA55,1861055.3%
      Blandford, MA3381055.4%
      Holyoke, MA40,1611065.5%
      Easthampton Town, MA15,93011514.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Washougal, WA15,92712827.7%
      Dyer, IN15,9331109.9%
      New Haven, IN15,9348911.0%
      Hibbing, MN15,923918.9%
      Comox, BC15,938n/a 
      Easthampton Town, MA15,93011514.7%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.