Cost of Living in Everett, MA

Population 49,236 · Massachusetts · Data vintage 2023

180
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

$605,000 is the going rate for a typical Everett home, 98% over the national median. Rents of $1,988/month track the same premium.

Everett is part of the immediate Cambridge metro area — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 42% lower than Cambridge's $1 million.

Cost Overview

Housing 198
Rent 151

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

About the Cost of Living in Everett

The median home value in Everett is $605,200 — 98% above the national median of $305,000. Median rent runs $1,988/month, 51% higher than the national median of $1,314/month. The median household income of $79,658/year is 7% higher than the US median of $74,580. The local unemployment rate is 5.4%, 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%. Overall, Everett has a cost of living index of 180 versus the US average of 100, meaning it is 80% more expensive.

🏠 Housing

Median Home Value
$605,200
98% above avg
Zillow Home Value
$625,110
Zillow ZHVI
Median Rent
$1,988/mo
51% above avg
Zillow Rent
$2,668/mo
Zillow ZORI
Price-to-Rent Ratio
25.4x
Favors renting
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,429
1 BR
$1,498
2 BR
$1,963
3 BR
$2,405
4 BR
$2,811
Owner-occupied 36.5%
Renter-occupied 63.5%

💰 Estimated Monthly Budget

Rent median rent
$1,988
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,602/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
39.2 min
45% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.6%

Commute Mode

Drove alone
50.4%
Carpooled
14.4%
Public transit
17.4%
Walked
4.6%
Bicycle
0.9%
Work from home
8.6%

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
$79,658
7% above avg
Per Capita Income
$35,941
Unemployment Rate
5.4%
12% above avg
Poverty Rate
15.4%
Labor Force Participation
72.5%

🎓 Education

Bachelor's degree+ 16.1%
Graduate degree 7.3%

👥 Demographics

Median Age 35.8
Male median age 34.7
Female median age 37.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
77%
Good air days/yr
101
Max AQI recorded
165
PM2.5 days
193
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

75%
4-Year Graduation Rate
12.8:1
Student-teacher ratio
10
Public schools
7,057
Total enrollment

Frequently Asked Questions

What is the cost of living in Everett, MA?

Everett has a cost index of 180 (100 = national average). It is 80% above the national average.

What is average rent in Everett, MA?

The median gross rent in Everett is $1,988 per month based on 2023 Census data.

What is the average home price in Everett?

The median home value in Everett is $605,200 according to Zillow and Census data.

What is the median income in Everett?

The median household income in Everett is $79,658 per year (2023 ACS 5-year estimates).

What is the sales tax in Everett, MA?

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

Is Everett, MA affordable?

Everett is above average in cost of living, with an index of 180 — about 80% higher than the national average.