Cost of Living in South Deerfield, MA

With a cost of living index of 112, South Deerfield, MA is somewhat more expensive than average. Living here is 12% more expensive than the national average and 17% below the Massachusetts state average of 129. South Deerfield is a small community of 1,822 residents.

Housing costs are the biggest factor in South Deerfield's cost of living. The median monthly rent is $1,333 (1% above the US median of $1,319), and the median home value sits at $419,100 (37% above the national median of $304,900). At current prices, the median home costs roughly 4.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in South Deerfield is $97,250, which is 29% higher than the national median of $75,149. Residents spend roughly 16% 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 South Deerfield. The area sees an average annual temperature of 48.3°F, with summers averaging 70°F and winters around 26°F. Annual rainfall totals 42.2 inches spread over roughly 146 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

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.