Cost of Living in Dracut, MA

Population 32,356 · Massachusetts · Data vintage 2023

145
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Dracut cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $466,000, rents near $1,740 a month.

Dracut is part of the immediate Lowell metro area — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 18% higher than Lowell's $395,000.

Cost Overview

Housing 153
Rent 132

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Dracut

The median home value in Dracut is $465,900 — 53% above the national median of $305,000. Median rent runs $1,740/month, 32% higher than the national median of $1,314/month. The median household income of $111,539/year is 50% higher than the US median of $74,580. The local unemployment rate is 4.7%, below the national average of 4.8%. Massachusetts's top state income tax rate is 9.0% and the combined sales tax is 6.3%. The climate averages highs of 59.4°F and lows of 40.9°F. Overall, Dracut has a cost of living index of 145 versus the US average of 100, meaning it is 45% more expensive.

🏠 Housing

Median Home Value
$465,900
53% above avg
Median Rent
$1,740/mo
32% above avg
Price-to-Rent Ratio
22.3x
Favors renting
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$2,263
1 BR
$2,394
2 BR
$2,837
3 BR
$3,418
4 BR
$3,761
Owner-occupied 79.7%
Renter-occupied 20.3%

💰 Estimated Monthly Budget

Rent median rent
$1,740
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,354/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
29.5 min
9% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.2%

Commute Mode

Drove alone
80.3%
Carpooled
6.6%
Public transit
1.3%
Walked
0.8%
Bicycle
0.1%
Work from home
10.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.0%
Total Sales Tax 6.3%
State rate 6.3%
Avg local rate 0.0%
Property Tax 1.2%

💼 Income & Employment

Median Household Income
$111,539
50% above avg
Per Capita Income
$47,724
Unemployment Rate
4.7%
2% below avg
Poverty Rate
6.6%
Labor Force Participation
55.6%

🎓 Education

Bachelor's degree+ 25.4%
Graduate degree 9.9%

👥 Demographics

Median Age 41.9
Male median age 40.4
Female median age 44

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.4°F
Avg Low
40.9°F
Annual Precip
40.9"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353845586977838274625140
Low °F 192128384857636254433425
Precip" 2.862.443.423.603.393.993.483.043.754.103.523.32

Frequently Asked Questions

What is the cost of living in Dracut, MA?

Dracut has a cost index of 145 (100 = national average). It is 45% above the national average.

What is average rent in Dracut, MA?

The median gross rent in Dracut is $1,740 per month based on 2023 Census data.

What is the average home price in Dracut?

The median home value in Dracut is $465,900 according to 2023 Census ACS data.

What is the median income in Dracut?

The median household income in Dracut is $111,539 per year (2023 ACS 5-year estimates).

What is the sales tax in Dracut, MA?

The combined state and local sales tax rate in Dracut is 6.3%. The Massachusetts state income tax top rate is 9.0%.

Is Dracut, MA affordable?

Dracut is above average in cost of living, with an index of 145 — about 45% higher than the national average.

What is the weather like in Dracut?

Dracut has average high temperatures of 59.4°F and average lows of 40.9°F. Annual precipitation is 40.9". Data from NOAA 1991–2020 Climate Normals.

Dracut at a Glance

Population
32,356
Median Income
$111,539
Home Value
$465,900
Median Rent
$1,740/mo
Unemployment
4.7%
Avg High Temp
59.4°F
Sales Tax
6.3%
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🗺️ County data for Massachusetts

Explore county-level cost of living data

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