Belmont is located in Massachusetts and has an overall cost of living that is +67% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Belmont.

Housing: Median rent in Belmont is $4,600 / month, and the median home price is $1,532,778. Housing costs are +187% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($4.28), milk ($4.95), and eggs ($4.89) reflect the local grocery landscape. Overall grocery costs are +4% vs the national average.

Healthcare: Medical costs include doctor visits ($181.06), dentist visits ($145.44), and prescription drugs ($26.21). These costs should be factored into your monthly budget when planning a move.

Massachusetts has a state income tax rate of 5%, which affects take-home pay for Belmont residents.

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Belmont, Massachusetts Cost of Living FAQ

Common questions about living costs in Belmont.

Belmont, Massachusetts has an overall cost of living that is +67% the national average. Housing costs are +187% vs the national average. Grocery prices are +4% vs average. Utilities are +51% vs average. This makes Belmont a relatively expensive city.

The median rent in Belmont, Massachusetts is $4,600 / month. Average energy bills run $331.74 / month. Phone bills average $295.94 / month. Housing is typically the largest expense for residents.

Healthcare costs in Belmont: doctor's visit averages $181.06, dentist visit averages $145.44, prescription drugs average $26.21. Overall healthcare expenses in the area are influenced by the +4% grocery cost difference.

Belmont is one of 100 cities tracked in Massachusetts. With an overall cost +67% vs the national average, it tends to be pricier than some smaller communities. Visit our Massachusetts state page to compare all cities side-by-side and find the best fit for your budget.

Belmont offers cost of living +67% compared to the national average. Key factors to consider: median home price of $1,532,778, rent of $4,600 / month, and a state income tax of 5% in Massachusetts. Explore our detailed cost breakdown above to see if Belmont fits your budget.