Cost of Living in Rutland, MA

With a cost of living index of 100, Rutland, MA is right around the national average in cost. Living here is 0% cheaper than the national average and 30% below the Massachusetts state average of 129. Rutland is a small community of 1,796 residents.

Housing costs are the biggest factor in Rutland's cost of living. The median monthly rent is $1,134 (14% below the US median of $1,319), and the median home value sits at $357,700 (17% above the national median of $304,900). At current prices, the median home costs roughly 3.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Rutland is $102,885, which is 37% higher than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Rutland. The area sees an average annual temperature of 48.1°F, with summers averaging 68°F and winters around 27°F. Annual rainfall totals 48.3 inches spread over roughly 138 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Worcester, 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.