Cost of living in Medford
Medford, located in Massachusetts, is a vibrant city with a rich history and a diverse community. Understanding the cost of living in Medford is crucial for anyone considering moving to or residing in the area.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $21 on average, with a range between $15 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $110, with prices ranging from $60 to $180.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12, with a range between $9.89 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $8, imported beer $6 to $12, cappuccino $4 to $6, and Coke/Pepsi $1.99 to $4.
Grocery Prices
- Milk - Milk is priced between $0.7 and $4 per liter, averaging $1.33.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.98 and $7, with an average price of $3.46.
- Eggs (Dozen) - A dozen eggs range from $2.07 to $8, averaging $4.4.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.18 to $8.82 per kg, while oranges range from $2.6 to $13.23 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.76 and $7.72 per kg, and lettuce costs $1.69 to $4.5 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2.4, with a monthly pass priced at $90.
- Fuel (Gasoline) - Gasoline is priced between $0.82 and $1.06 per liter.
- Taxi Fares - Taxi fares start at $2.7, with a cost of $1.74 per km and $28 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (Outside Centre) - Rent for a 1-bedroom apartment outside the centre averages $1100.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $122.78 and $400, averaging $200.87.
- Internet - Internet services range from $45 to $75, with an average cost of $59.17.
Cost of Living Rankings
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.
Cost of Living Data
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"Key Takeaways"
Medford offers a diverse range of dining options, with prices varying significantly based on the type of restaurant.
Grocery prices in Medford can fluctuate, with essentials like milk and bread being relatively affordable.
Transportation costs are moderate, with public transport and fuel prices being reasonable.
Housing costs, particularly for rentals outside the city centre, are relatively affordable compared to larger metropolitan areas.
Utilities and internet services are competitively priced, contributing to a balanced cost of living.
Conclusion
Overall, Medford presents a balanced cost of living with affordable housing options and moderate expenses in dining and transportation.
Potential residents can enjoy a comfortable lifestyle with access to diverse amenities and services, making Medford an attractive place to live.