Cost of Living in Raynham Center, MA

With a cost of living index of 130, Raynham Center, MA is a notably expensive place to live. Living here is 30% more expensive than the national average and in line with the Massachusetts state average. Raynham Center is a small community of 4,871 residents.

Housing costs are the biggest factor in Raynham Center's cost of living. The median monthly rent is $1,738 (32% above the US median of $1,319), and the median home value sits at $510,800 (68% above the national median of $304,900). At current prices, the median home costs roughly 4.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Raynham Center is $120,913, which is 61% higher than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Raynham Center. The area sees an average annual temperature of 50.4°F, with summers averaging 70°F and winters around 31°F. Annual rainfall totals 47.6 inches spread over roughly 143 days.

Everyday prices in the Providence-Warwick, RI-MA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.