Cost of Living in Manchester-by-the-Sea, MA

Population 5,368 · Massachusetts · Data vintage 2023

240
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Manchester-by-the-Sea sits 206% above the national median — $932,000 for the typical home — but median household incomes near $197,875 (165% above the US figure) soften the blow that similar pricing creates in lower-wage metros. Unemployment has stayed elevated relative to the national figure — 8.9% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 12 miles northeast of Lynn, Manchester-by-the-Sea falls within that metro's commuting orbit. Median home values run roughly 97% higher than Lynn's $473,000.

Cost Overview

Housing 306
Rent 142

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

About the Cost of Living in Manchester-by-the-Sea

The median home value in Manchester-by-the-Sea is $932,000 — 206% above the national median of $305,000. Median rent runs $1,872/month, 42% higher than the national median of $1,314/month. The median household income of $197,875/year is 165% higher than the US median of $74,580. The local unemployment rate is 8.9%, 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 59.3°F and lows of 44.5°F, with about 49.2" of annual snowfall. Overall, Manchester-by-the-Sea has a cost of living index of 240 versus the US average of 100, meaning it is 140% more expensive.

🏠 Housing

Median Home Value
$932,000
206% above avg
Median Rent
$1,872/mo
42% above avg
Price-to-Rent Ratio
41.5x
Favors renting
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,346
1 BR
$1,498
2 BR
$1,963
3 BR
$2,365
4 BR
$2,603
Owner-occupied 70.0%
Renter-occupied 30.0%

💰 Estimated Monthly Budget

Rent median rent
$1,872
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,486/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
30.7 min
14% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
30.5%

Commute Mode

Drove alone
51.1%
Carpooled
4.8%
Public transit
9.3%
Walked
4.4%
Work from home
30.5%

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
$197,875
165% above avg
Per Capita Income
$100,726
Unemployment Rate
8.9%
84% above avg
Poverty Rate
2.8%
Labor Force Participation
52.3%

🎓 Education

Bachelor's degree+ 47.5%
Graduate degree 36.5%

👥 Demographics

Median Age 48.2
Male median age 48.1
Female median age 48.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.3°F
Avg Low
44.5°F
Annual Precip
43.6"
Annual Snowfall
49.2"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 373946566776828073625242
Low °F 232531415060666558483829
Precip" 3.393.214.173.633.253.893.273.233.564.033.664.30
Snow" 14.314.49.01.60.00.00.00.00.00.20.79.0

Frequently Asked Questions

What is the cost of living in Manchester-by-the-Sea, MA?

Manchester-by-the-Sea has a cost index of 240 (100 = national average). It is 140% above the national average.

What is average rent in Manchester-by-the-Sea, MA?

The median gross rent in Manchester-by-the-Sea is $1,872 per month based on 2023 Census data.

What is the average home price in Manchester-by-the-Sea?

The median home value in Manchester-by-the-Sea is $932,000 according to 2023 Census ACS data.

What is the median income in Manchester-by-the-Sea?

The median household income in Manchester-by-the-Sea is $197,875 per year (2023 ACS 5-year estimates).

What is the sales tax in Manchester-by-the-Sea, MA?

The combined state and local sales tax rate in Manchester-by-the-Sea is 6.3%. The Massachusetts state income tax top rate is 9.0%.

Is Manchester-by-the-Sea, MA affordable?

Manchester-by-the-Sea is above average in cost of living, with an index of 240 — about 140% higher than the national average.

What is the weather like in Manchester-by-the-Sea?

Manchester-by-the-Sea has average high temperatures of 59.3°F and average lows of 44.5°F. Annual precipitation is 43.6". Average annual snowfall is 49.2". Data from NOAA 1991–2020 Climate Normals.

Manchester-by-the-Sea at a Glance

Population
5,368
Median Income
$197,875
Home Value
$932,000
Median Rent
$1,872/mo
Unemployment
8.9%
Avg High Temp
59.3°F
Sales Tax
6.3%
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