Cost of Living in Reading, MA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
233.5
100 = national avg
+133.5 vs national average
Living Wage (1 Adult)
$102,733
per year
Living Wage (Family of 4)
$242,822
per year
Cost Index by Category
Housing280.0
Food175.1
Transportation250.3
Healthcare160.1
Utilities181.1
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 Reading is 233.5, which is 133.5% above the national average. Housing costs are above the national average at an index of 280.0. A single adult needs to earn approximately $102,733 per year to cover basic expenses.