Cost of Living in Andover, MA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
200.1
100 = national avg
+100.1 vs national average
Living Wage (1 Adult)
$88,054
per year
Living Wage (Family of 4)
$208,128
per year
Cost Index by Category
Housing257.3
Food147.1
Transportation194.2
Healthcare137.7
Utilities159.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,476
per month
2 Bedroom
$2,941
per month
The overall cost of living index in Andover is 200.1, which is 100.1% above the national average. Housing costs are above the national average at an index of 257.3. A single adult needs to earn approximately $88,054 per year to cover basic expenses.