Cost of Living in Peabody, MA
Overall index: 137 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 163 | +63% | $1,331 |
| Transportation | 102 | +2% | $3.50 |
| Food | 128 | +28% | $525 |
| Utilities | 132 | +32% | $293 |
| Healthcare | 132 | +32% | $212 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Peabody?
A single adult living comfortably in Peabody, MA needs approximately $47,950 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Peabody, MA?
The overall cost of living in Peabody, MA is 37% higher than the US national average (index: 137 where 100 = national average).
How much is rent in Peabody, MA?
Average rent for a 1-bedroom apartment in Peabody, MA is about $1,331/month.
Is Peabody, MA expensive to live in?
Yes, Peabody, MA is considered expensive (index above national average).
What salary do I need to live in Peabody, MA?
A single adult needs roughly $47,950/year to cover basic living costs in Peabody, MA.