F
23%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
72%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Williamstown Massachusetts National
Cost of living123133100
Goods & Services106122100
Groceries103105100
Health care93113100
Housing172165100
Transportation97118100
Utilities102134100
New Real Estate Listings in Williamstown Area
Search Homes for Sale in Williamstown, MA

Cost Of Living Quick Facts

  • The cost of living in Williamstown is 7% lower than the Massachusetts average
  • The cost of living in Williamstown is 23% higher than the national average
  • Williamstown housing is 72% higher than the national average
  • Massachusetts general sales tax is 22% higher than the national average
  • Massachusetts state income tax is 93% higher than the national average

Most Affordable Places to Live in and Around Williamstown

See all the best places to live around Williamstown

Compare Williamstown, MA Cost of Living

      vs
      How would you rate the cost of living in Williamstown?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Williamstown?
      Write a review to give others more information about this area.
      See all Williamstown poll results

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$135,658$11,305$3,165$4,070
      Renters$42,206$3,517$985$1,266
      A good way to judge both the affordability of the housing and the cost of living in Williamstown is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Williamstown has a median income of about $135,658 for people who own homes. Based on that number, a maximum of $3,165 should be spent on expenses related to housing. Renters have a slightly different median income, which is $42,206. Based on this average, renters should spend no more than $985 on all rental costs if they want to maintain a non-impoverished standard of living.

      Massachusetts Sales Tax

      State General Sales Tax With Max Surtax
      Massachusetts 6.25% 6.25%

      Massachusetts Income Tax

      State Income Tax (Low) Income Tax (High)
      Massachusetts 5% 9%

      Goods & Services

      Item Williamstown National avg. Difference
      Haircut $28.28$24.2616.6%
      Beauty Salon $51.36$45.5612.7%
      Toothpaste $3.74$3.701.1%
      Shampoo $1.28$1.280.3%
      Movie $13.08$12.137.8%
      Bowling $15.96$18.0011.3%

      Groceries

      Item Williamstown National avg. Difference
      Ground Beef $6.06$5.843.7%
      Fried Chicken $1.60$1.571.5%
      Milk $4.85$4.673.9%
      Potatoes $5.09$4.933.2%
      Pizza $14.69$12.0921.5%
      Beer $10.90$10.414.7%

      Health Care

      Item Williamstown National avg. Difference
      Optometrist $132.47$125.685.4%
      Doctor $111.33$135.7818.0%
      Dentist $111.69$113.291.4%
      Ibuprofen $10.90$10.652.3%
      Lipitor $436.57$468.606.8%

      Housing

      Item Williamstown National avg. Difference
      Home Price $371,800.00$184,700.00101.3%
      Avg. Mortgage Payment $2,531.65$2,346.697.9%
      Apartment Rent $975.00$949.002.7%

      Transportation

      Item Williamstown National avg. Difference
      Gasoline $3.55$3.462.5%
      Tire Balancing $50.33$59.9216.0%

      Utilities

      Item Williamstown National avg. Difference
      All Electricity $196.70$193.991.4%
      Phone $195.71$192.251.8%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Cheshire, MA6838910.8%
      Readsboro, VT309928.2%
      Hoosick Falls, NY3,361946.4%
      North Adams, MA12,897963.7%
      Adams, MA5,689963.6%
      Williamstown, MA4,56512323.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Hollister, MO4,5648416.2%
      Rio Communities, NM4,566927.7%
      Cowichan Valley E, BC4,562n/a 
      Portola Valley, CA4,568342242.3%
      Humboldt, IA4,5688910.9%
      Williamstown, MA4,56512323.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.