Beverly, located in Massachusetts, is a charming city known for its coastal beauty and vibrant community. Understanding the cost of living in Beverly is crucial for anyone considering moving to or residing in this picturesque area.
The cost of living encompasses various aspects such as housing, dining, transportation, and more, which are essential for budgeting and financial planning.
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Beverly, MA, presents a moderate cost of living with dining and grocery prices reflecting typical urban rates.
Housing data is not provided, but utility costs are relatively high, suggesting a need for careful budgeting.
Transportation costs are reasonable, with gasoline prices being competitive.
In conclusion, Beverly offers a balanced lifestyle with its moderate cost of living. While dining and grocery prices are typical for an urban area, utility costs are on the higher side.
Prospective residents should consider these factors when planning their move to Beverly, ensuring they budget accordingly for utilities and other living expenses.