Cost of Living in Revere, MA
Population 59,933 · Massachusetts · Data vintage 2023
(100 = US avg)
Revere's housing market carries a clear premium over the US median: $566,000 for a typical home, about 86% above the national figure. At 7.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Geographically, Revere is part of the immediate Lynn metro area. Median home values run roughly 20% higher than Lynn's $473,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Revere
The median home value in Revere is $566,200 — 86% above the national median of $305,000. Median rent runs $1,966/month, 50% higher than the national median of $1,314/month. The median household income of $81,121/year is 9% higher than the US median of $74,580. The local unemployment rate is 7.2%, 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, Revere has a cost of living index of 171 versus the US average of 100, meaning it is 71% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Revere, MA?
Revere has a cost index of 171 (100 = national average). It is 71% above the national average.
What is average rent in Revere, MA?
The median gross rent in Revere is $1,966 per month based on 2023 Census data.
What is the average home price in Revere?
The median home value in Revere is $566,200 according to Zillow and Census data.
What is the median income in Revere?
The median household income in Revere is $81,121 per year (2023 ACS 5-year estimates).
What is the sales tax in Revere, MA?
The combined state and local sales tax rate in Revere is 6.3%. The Massachusetts state income tax top rate is 9.0%.
Is Revere, MA affordable?
Revere is above average in cost of living, with an index of 171 — about 71% higher than the national average.
Revere at a Glance
- Population
- 59,933
- Median Income
- $81,121
- Home Value
- $566,200
- Median Rent
- $1,966/mo
- Unemployment
- 7.2%
- Sales Tax
- 6.3%
Nearby Cities
Explore county-level cost of living data
Massachusetts Rankings
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