Cost of Living in Lynn, MA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
147.4
100 = national avg
+47.4 vs national average
Living Wage (1 Adult)
$64,876
per year
Living Wage (Family of 4)
$153,343
per year
Cost Index by Category
Housing207.3
Food107.1
Transportation123.8
Healthcare105.7
Utilities125.7
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 Lynn is 147.4, which is 47.4% above the national average. Housing costs are above the national average at an index of 207.3. A single adult needs to earn approximately $64,876 per year to cover basic expenses.