Cost of Living in Barnstable Town, MA

How far does a $70,000 salary go in Barnstable Town? Estimated income taxes on that gross salary total approximately $10,741 per year — combining federal taxes with Massachusetts's state income tax. Subtract rent for a 2-bedroom apartment ($2,422/month based on HUD Fair Market Rents for the Barnstable Town metro area) and the estimated annual take-home is $30,195, or roughly $2,516 per month for everything else: food, transportation, savings, and discretionary spending.

The Barnstable Town metro has a cost of living index of 124.2 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). At 24% above average, Barnstable Town is a noticeably expensive metro — groceries, services, and everyday purchases cost more than in most of the country.

At a $70,000 salary, the estimated 2-bedroom rent in Barnstable Town represents approximately 42% of gross income. That is well above what most financial advisors recommend, indicating that Barnstable Town is a financial stretch at a $70,000 salary without roommates or a higher-earning household.