Cost of Living in Wareham Center, MA

With a cost of living index of 109, Wareham Center, MA is somewhat more expensive than average. Living here is 9% more expensive than the national average and 20% below the Massachusetts state average of 129. Wareham Center is a small community of 2,737 residents.

Housing costs are the biggest factor in Wareham Center's cost of living. The median monthly rent is $1,207 (8% below the US median of $1,319), and the median home value sits at $411,500 (35% above the national median of $304,900). At current prices, the median home costs roughly 4.7x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Wareham Center is $88,424, which is 18% 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.

Climate is another factor for anyone considering a move to Wareham Center. The area sees an average annual temperature of 50°F, with summers averaging 69°F and winters around 31°F. Annual rainfall totals 48 inches spread over roughly 151 days.

Everyday prices in the Boston-Cambridge-Newton, MA-NH (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher 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.