Cost of Living in Edgartown, MA

Population 5,212 · Massachusetts · Data vintage 2023

283
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Edgartown run well above the national baseline, with a median of $1.2 million, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $89,710 place the city among the better-paid Massachusetts metros. Unemployment has stayed elevated relative to the national figure — 8.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 30 miles southeast of New Bedford, Edgartown falls within that metro's commuting orbit. Median home values run roughly 261% higher than New Bedford's $324,000.

Cost Overview

Housing 384
Rent 131

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

About the Cost of Living in Edgartown

The median home value in Edgartown is $1,171,700 — 284% above the national median of $305,000. Median rent runs $1,717/month, 31% higher than the national median of $1,314/month. The median household income of $89,710/year is 20% higher than the US median of $74,580. The local unemployment rate is 8.8%, above 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 57.2°F and lows of 44.1°F. Overall, Edgartown has a cost of living index of 283 versus the US average of 100, meaning it is 183% more expensive.

🏠 Housing

Median Home Value
$1,171,700
284% above avg
Median Rent
$1,717/mo
31% above avg
Price-to-Rent Ratio
56.9x
Favors renting
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,701
1 BR
$1,713
2 BR
$2,222
3 BR
$3,114
4 BR
$3,300
Owner-occupied 79.0%
Renter-occupied 21.0%

💰 Estimated Monthly Budget

Rent median rent
$1,717
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,331/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
11.2 min
59% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.8%

Commute Mode

Drove alone
57.3%
Carpooled
15.6%
Walked
7.5%
Bicycle
0.4%
Work from home
16.8%

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
$89,710
20% above avg
Per Capita Income
$83,786
Unemployment Rate
8.8%
84% above avg
Poverty Rate
5.8%
Labor Force Participation
58.2%

🎓 Education

Bachelor's degree+ 26.9%
Graduate degree 18.0%

👥 Demographics

Median Age 52.6
Male median age 56
Female median age 50.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.2°F
Avg Low
44.1°F
Annual Precip
40.9"
20° 35° 50° 65° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404044526169757670625345
Low °F 272732394756636257494032
Precip" 3.182.843.843.602.983.002.723.003.594.393.793.93

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
91.5%
Good air days/yr
133
Max AQI recorded
21
PM2.5 days
342
Ozone days

Frequently Asked Questions

What is the cost of living in Edgartown, MA?

Edgartown has a cost index of 283 (100 = national average). It is 183% above the national average.

What is average rent in Edgartown, MA?

The median gross rent in Edgartown is $1,717 per month based on 2023 Census data.

What is the average home price in Edgartown?

The median home value in Edgartown is $1,171,700 according to 2023 Census ACS data.

What is the median income in Edgartown?

The median household income in Edgartown is $89,710 per year (2023 ACS 5-year estimates).

What is the sales tax in Edgartown, MA?

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

Is Edgartown, MA affordable?

Edgartown is above average in cost of living, with an index of 283 — about 183% higher than the national average.

What is the weather like in Edgartown?

Edgartown has average high temperatures of 57.2°F and average lows of 44.1°F. Annual precipitation is 40.9". Data from NOAA 1991–2020 Climate Normals.

Edgartown at a Glance

Population
5,212
Median Income
$89,710
Home Value
$1,171,700
Median Rent
$1,717/mo
Unemployment
8.8%
Avg High Temp
57.2°F
Sales Tax
6.3%
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