Beverly, MA Utility & Living Guide

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Beverly, MA Utility & Living Guide

Living in Beverly, MA offers a unique blend of historic charm and modern amenities, making it an attractive option for families and young professionals alike.

Last updated: June 26, 2026
Total Utilities$360/mo
1BR Rent$1500/mo
Sales Tax6.25%
COL Index118 (+10% above national average)
Family Score7/10
Median Home$430,000
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⚠️ Natural Hazard History — Beverly
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$140/mo

National Grid
🔥 Gas

$70/mo

National Grid
💧 Water

$50/mo

Beverly Water Supply Board
🗑️ Garbage

$30/mo

Waste Management
📶 Internet

$70/mo

Combined Average Overhead $360/month

Housing Market

Rent & Property
1 Bedroom$1500/mo
2 Bedrooms$1900/mo
3 Bedrooms$2500/mo
Median Home Price$430,000
Property Tax Rate1.23%
Avg Childcare/mo$1200

The housing market in Beverly is highly competitive, with a mix of historic homes and new constructions. The city has seen a surge in development in recent years, with many new apartments and condos being built. However, this has also led to increased prices and a shortage of affordable housing options.

Cost of Living

Overall COL Index

118

US national avg = 100
vs National Avg

+10% above national average

Groceries

105

Transportation

102

Healthcare

105

Childcare/mo

$1200

Tax Rates

Tax Overview
Total Sales Tax6.25%
Property Tax Rate1.23%
<p>State 5.2% + No County tax + Local 0% (but subject to local meals tax and room occupancy tax)</p>

Massachusetts has a flat state income tax rate of 5.2%, with no local income tax.

Family & Relocation

Family Vibe Score
7/10
Safety Index

60

Higher = safer
School Rating

7.5/10

GreatSchools avg
Avg Childcare

$1200/mo

City Pulse

Population Trend
+2% (growing)
Political Climate
Blue
Business Momentum
High, with key industries in tech, healthcare, and education
Top Local Concerns
Affordability, traffic, and environmental sustainability
🚌 Transit for Families

Beverly has a relatively stroller-friendly public transit system, with accessible buses and a commuter rail station, but sidewalks and crosswalks can be uneven in some areas.

🎡 Top Kid Attractions
  • 🎯
    Lynch Park
  • 🎯
    Beverly Harbor
  • 🎯
    and the Beverly Public Library

Best Neighborhoods for Families

The downtown area and nearby neighborhoods like Ryal Side and Beverly Farms are popular with families, offering a mix of historic homes, parks, and community events. However, these areas can be pricey, and families may also consider more affordable options like the Montserrat neighborhood.

Household Budget Calculator

Estimate your real monthly cost of living in Beverly based on your household profile.

Local Briefing & Neighborhood Pulse

Live Local News

Beverly has regulations in place to preserve its historic districts and protect the environment, including restrictions on new development and waste management.

The current financial trends in Beverly show a strong economy, with a growing tech industry and a high demand for housing. However, this has also led to concerns about affordability and gentrification.

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📊 Beverly — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Utility costs in Beverly tend to be higher in the winter months due to heating, with the average monthly gas bill increasing by 20-30% from December to February. In the summer, electricity costs may increase due to air conditioning usage, but this is generally less pronounced than the winter heating spike.

🏛️ Local Tax Details

The ZIP code 01915 has a property tax millage rate of 14.45, with no local surtaxes. However, there may be additional taxes on certain types of properties, such as commercial or industrial buildings.

👶 Family & Stroller Friendliness

8/10, with wide sidewalks, accessible parks, and relatively flat terrain, but some areas have uneven or narrow sidewalks and limited elevator access in older buildings.

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