Cost of Living in Ocean Grove, MA

Population 3,099 · Massachusetts · Data vintage 2023

105
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Ocean Grove sits on the smaller end of the Massachusetts city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 8.4%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 13 miles southeast of Providence, Ocean Grove falls within that metro's commuting orbit. Housing prices track closely with Providence's $323,000 median.

Cost Overview

Housing 111
Rent 97

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

About the Cost of Living in Ocean Grove

The median home value in Ocean Grove is $337,800 — 11% above the national median of $305,000. Median rent runs $1,278/month, 3% lower than the national median of $1,314/month. The median household income of $97,109/year is 30% higher than the US median of $74,580. The local unemployment rate is 8.4%, 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, Ocean Grove has a cost of living index of 105 versus the US average of 100, meaning it is 5% more expensive.

🏠 Housing

Median Home Value
$337,800
11% above avg
Median Rent
$1,278/mo
3% below avg
Price-to-Rent Ratio
22.0x
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 84.3%
Renter-occupied 15.7%

💰 Estimated Monthly Budget

Rent median rent
$1,278
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,892/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
21.8 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.5%

Commute Mode

Drove alone
74.4%
Carpooled
10.5%
Work from home
12.5%

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
$97,109
30% above avg
Per Capita Income
$45,799
Unemployment Rate
8.4%
74% above avg
Poverty Rate
1.8%
Labor Force Participation
68.0%

🎓 Education

Bachelor's degree+ 17.2%
Graduate degree 8.5%

👥 Demographics

Median Age 41.8
Male median age 38.5
Female median age 45.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
73.7%
Good air days/yr
137
Max AQI recorded
121
PM2.5 days
244
Ozone days

Frequently Asked Questions

What is the cost of living in Ocean Grove, MA?

Ocean Grove has a cost index of 105 (100 = national average). It is 5% above the national average.

What is average rent in Ocean Grove, MA?

The median gross rent in Ocean Grove is $1,278 per month based on 2023 Census data.

What is the average home price in Ocean Grove?

The median home value in Ocean Grove is $337,800 according to 2023 Census ACS data.

What is the median income in Ocean Grove?

The median household income in Ocean Grove is $97,109 per year (2023 ACS 5-year estimates).

What is the sales tax in Ocean Grove, MA?

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

Is Ocean Grove, MA affordable?

Ocean Grove is near the national average in terms of cost of living, with an index of 105 (100 = US average).

Ocean Grove at a Glance

Population
3,099
Median Income
$97,109
Home Value
$337,800
Median Rent
$1,278/mo
Unemployment
8.4%
Sales Tax
6.3%
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🗺️ County data for Massachusetts

Explore county-level cost of living data

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