Beverly Hills, United States
Beverly, Massachusetts cost of living ranks among the highest in Essex County, driven by median home prices exceeding $550,000 and property taxes averaging $7,200 annually. Groceries run 10–15% above national averages, while transportation costs align with Boston metro averages. The 2023 U.S. Census Bureau pegs Beverly's median household income at roughly $120,000, partially offsetting expenses. High housing demand and limited inventory sustain upward price pressure, making affordability a defining challenge for residents.
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