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Cost of Living in Beverly, MA

2025 Affordability Data & Housing Costs

126.7

Cost of Living Index (100 = US Average)

Very Expensive

Median Home Value

$621,900

Owner-occupied homes (2023 ACS)

Median Household Income

$103,739

Annual (2023 ACS)

Housing Costs

The median home value in Beverly is $621,900, which is higher than the national average. The home price-to-income ratio is 6.0, indicating moderate affordability.

Income & Purchasing Power

The median household income in Beverly is $103,739 annually.

Compare with Other Cities

View all cities in Massachusetts

Frequently Asked Questions

What is the cost of living index in Beverly, MA?

The COL index is 126.7, which is higher than the US average of 100.

What is the median home value in Beverly?

The median home value is $621,900.

What is the median rent in Beverly?

Data not available.

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