Cost of Living in Marblehead, MA

Population 20,334 · Massachusetts · Data vintage 2023

232
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Marblehead sits 197% above the national median — $906,000 for the typical home — but median household incomes near $165,859 (122% above the US figure) soften the blow that similar pricing creates in lower-wage metros. The labor market has been unusually tight, with unemployment around 1.9% — below most comparable cities in the state.

Located 7 miles east of Lynn, Marblehead falls within that metro's commuting orbit. Median home values run roughly 92% higher than Lynn's $473,000.

Cost Overview

Housing 297
Rent 135

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

About the Cost of Living in Marblehead

The median home value in Marblehead is $906,200 — 197% above the national median of $305,000. Median rent runs $1,769/month, 35% higher than the national median of $1,314/month. The median household income of $165,859/year is 122% higher than the US median of $74,580. The local unemployment rate is 1.9%, 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%. Overall, Marblehead has a cost of living index of 232 versus the US average of 100, meaning it is 132% more expensive.

🏠 Housing

Median Home Value
$906,200
197% above avg
Zillow Home Value
$1,005,541
Zillow ZHVI
Median Rent
$1,769/mo
35% above avg
Zillow Rent
$3,116/mo
Zillow ZORI
Price-to-Rent Ratio
42.7x
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 82.8%
Renter-occupied 17.2%

💰 Estimated Monthly Budget

Rent median rent
$1,769
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,383/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
36.6 min
36% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
29.9%

Commute Mode

Drove alone
53.7%
Carpooled
4.2%
Public transit
5.6%
Walked
5.1%
Bicycle
0.7%
Work from home
29.9%

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
$165,859
122% above avg
Per Capita Income
$94,232
Unemployment Rate
1.9%
61% below avg
Poverty Rate
3.8%
Labor Force Participation
64.6%

🎓 Education

Bachelor's degree+ 41.9%
Graduate degree 35.0%

👥 Demographics

Median Age 49.1
Male median age 47.8
Female median age 49.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
66.6%
Good air days/yr
105
Max AQI recorded
204
PM2.5 days
160
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

95%
4-Year Graduation Rate
11.5:1
Student-teacher ratio
6
Public schools
2,963
Total enrollment

Frequently Asked Questions

What is the cost of living in Marblehead, MA?

Marblehead has a cost index of 232 (100 = national average). It is 132% above the national average.

What is average rent in Marblehead, MA?

The median gross rent in Marblehead is $1,769 per month based on 2023 Census data.

What is the average home price in Marblehead?

The median home value in Marblehead is $906,200 according to Zillow and Census data.

What is the median income in Marblehead?

The median household income in Marblehead is $165,859 per year (2023 ACS 5-year estimates).

What is the sales tax in Marblehead, MA?

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

Is Marblehead, MA affordable?

Marblehead is above average in cost of living, with an index of 232 — about 132% higher than the national average.