Cost of living in Peabody

Composed in-house · four inputs · 14% of the overall score

A−

86/100
1st of 60

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The four inputs

Housing cost index90

Boston 10045% · scores 85

Effective property tax rate0.78%

Boston 1.01%25% · scores 81

Utilities53

Boston 10020% · scores 100

Local sales tax6.25%

Boston median 6.25%10% · scores 75

Vertical rule marks the Boston reference. Composed in-house · ACS 2020–24. Every scale is on the methodology page.

Best Boston suburbs for cost of living

All 60 ranked, Peabody highlighted

1PeabodyA−$596,200 2DerryA−$391,200 3WoburnB+$673,500 4BeverlyB+$650,300 5PortsmouthB+$688,500 6HudsonB+$473,300 7Weymouth TownB+$552,100 8GloucesterB+$600,600 9LowellB+$429,200 10LawrenceB+$415,200 11NorwoodB+$651,700 12WalthamB+$748,700 13WakefieldB+$723,500 14BostonB$731,700 15ChelseaB$493,500 16DoverB$436,700 17CambridgeB$1,092,100 18SalemB$542,800 19RochesterB$279,100 20DanversB$644,200 21MelroseB$822,900 22HaverhillB$453,900 23AmesburyB$519,300 24StonehamB$671,900 25MethuenB$499,700 26ArlingtonB$933,800 27BrocktonB$437,500 28SomervilleB$911,300 29Braintree TownB$656,800 30AbingtonB−$539,600 31WilmingtonB−$680,500 32NewburyportB−$834,000 33MarlboroughB−$513,100 34QuincyB−$618,500 35Franklin TownB−$611,700 36LynnB−$510,100 37RevereB−$597,400 38Winthrop TownB−$649,600 39EverettB−$610,000 40MaldenB−$633,500 41MarbleheadB−$943,900 42BrooklineB−$1,246,800 43ReadingB−$809,000 44SwampscottB−$771,100 45Bridgewater TownB−$533,100 46MedfordB−$755,500 47DedhamB−$661,800 48BurlingtonC+$740,600 49FraminghamC+$627,300 50NewtonC+$1,264,900 51Randolph TownC+$496,400 52SaugusC+$603,400 53WatertownC+$784,600 54MiltonC+$933,200 55LexingtonC+$1,203,100 56NeedhamC+$1,188,500 57WellesleyC+$1,582,700 58LynnfieldC+$917,600 59WinchesterC$1,215,200 60BelmontC$1,159,000

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Better than Peabody on cost of living

Peabody grades A− on cost of living.

Nothing within 25 miles beats Peabody on cost of living.

Cost-of-living index composed in-house from housing cost, utilities, effective property tax and local sales tax · Median home value: ACS 2020–24 · Effective property tax: ACS 2020–24

Six Boston lists

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How we score Boston suburbs — every weight and source Twelve guides to moving to Boston