Cost of Living in Forestdale, MA
Forestdale cost of living index: 148.8 (above the US average). Median home price: $499,900.
Updated 2026 • Based on 1 local zip code
📍 Some data sourced from nearby metro area
48% above the national average
Housing
Data from 1 zip code
Housing costs in Forestdale, MA based on real market data from 1 local zip code.
When considering a move to Forestdale, MA, the current housing index of 128.6 indicates a potential imbalance in the market, especially with median home prices averaging around 499900.0. However, the absence of rental data for 2-bedroom apartments and houses suggests a significant housing gap or market instability. This could represent an opportunity for buyers willing to invest, but it leaves renters at a disadvantage. Overall, it’s crucial to weigh these factors alongside economic stability and job opportunities in the area before making a decision.
Last updated: January 2026
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Living in Forestdale, MA could entail variable utility costs. Electricity costs sit at $28.15, while natural gas is priced at $21.62 per Thousand Cubic Feet. Expect to budget about $155.8 monthly for other services like water and garbage.
Cost Breakdown by Category
Local Income & Economy in Forestdale, MA
How far does your money go in Forestdale? Understanding the relationship between income and cost of living is key to evaluating affordability.
How We Calculate Adjusted Purchasing Power in Forestdale
The adjusted purchasing power shows what a Forestdale, MA household income is actually worth after accounting for local prices. We calculate it using the formula: Purchasing Power = Median Income ÷ Cost of Living Index × 100
For Forestdale, that's $118,382 ÷ 148.8 × 100 = $79,558. This means a household earning the median income in Forestdale has the equivalent buying power of $79,558 in a city where the cost of living index equals the national baseline of 100.
With a cost of living index of 148.8, Forestdale is significantly more expensive than the national average. Despite a median income of $118,382, the high cost of housing, groceries, and everyday expenses reduces real purchasing power to $79,558. If you're planning to move to Forestdale, budgeting carefully for rent and housing costs is essential. Households relocating from lower-cost areas should expect to spend more on basic necessities.
With a median home price of $499,900, housing affordability in Forestdale is a significant factor. Prospective homebuyers should consider that mortgage payments, property taxes, and insurance in Forestdale, MA will consume a larger share of household income compared to cities with a lower cost of living index.
💡 Purchasing power is calculated by dividing the local median household income by the cost of living index and multiplying by 100. A result higher than the nominal income means your money goes further; a lower result means local prices erode your earnings. The US baseline cost of living index is 100.
Pros & Cons of Living in Forestdale
Pros
- • Access to outdoor activities
- • Family-friendly atmosphere
- • Supportive local businesses
- • Close-knit community feel
- • Low traffic congestion here
- • Nearby beaches and parks
- • Diverse local events hosted
- • Affordable housing options
- • Good local schools available
- • Quiet suburban neighborhood
Cons
- • Less cultural diversity perceived
- • Cold winters can be harsh
- • Limited job opportunities
- • Limited nightlife options
- • Lack of public transportation
- • Some social economic issues
- • Political views not inclusive
- • Fewer activities for teens
- • High property taxes reported
- • Higher crime rate concerns
💡City Insights
Forestdale scores 5/10 for affordability, 5/10 for safety, and 5/10 for family-friendliness — an good overall profile.
Frequently Asked Questions
What is the cost of living in Forestdale, MA? ▼
The cost of living in Forestdale, MA is 49% higher than the national average, with a cost of living index of 149 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Forestdale, MA? ▼
In Forestdale, MA, The median home price is $499,900. requiring approximately $149,979 annual income to afford. Average rent is $456,000/month (requiring ~$18,240,000/year income). The local median household income is $118,382, making homeownership attainable for typical residents. Explore Forestdale real estate data →
Is Forestdale, MA a safe place to live? ▼
Forestdale, MA is average in terms of safety, with crime rates near the national average. Safety varies significantly by neighborhood. View detailed Forestdale crime statistics →
What salary do you need to live comfortably in Forestdale, MA? ▼
To live comfortably in Forestdale, MA and afford a median-priced home of $499,900, you would typically need a household income of $124,975 to $156,219 per year. The local median household income is $118,382. Renting requires approximately $18,240,000/year (at $456,000/month). See full affordability analysis →
What are the best neighborhoods in Forestdale, MA? ▼
The best neighborhoods in Forestdale, MA depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods farther from the city center tend to offer more affordable options.
How are the taxes in Forestdale, MA? ▼
Tax rates in Forestdale, MA include state and local components. The cost of living index of 149 indicates a higher cost environment compared to the national average. View detailed Forestdale tax information →
How does Forestdale, MA compare to nearby cities? ▼
Forestdale, MA offers comparable costs to nearby communities. With a cost of living index of 149, median home prices of $499,900, and a crime rate of 0 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Forestdale, MA? ▼
Weather in Forestdale, MA varies by season. Climate data varies by season. View detailed Forestdale climate & environment data →
What factors affect cost of living in Forestdale, MA? ▼
The main factors affecting cost of living in Forestdale, MA include housing costs (the biggest factor), utilities, groceries, transportation, and healthcare. Local taxes and the overall economic conditions also play a role.
Housing Costs by Zip Code
Detailed housing data across 1 zip code in Forestdale, MA.
| Zip Code | Median Home Price | Avg Rent | 2BR Rent | For Sale | For Rent |
|---|---|---|---|---|---|
| 02644 | $499,900 | $2,750/mo | $456,000/mo | 9 | 2 |
Explore More About Forestdale, MA
📅 Last Updated: January 2026
Sources: U.S. Census Bureau (ACS), Bureau of Labor Statistics, Council for Community and Economic Research (C2ER), Zillow, Redfin