Massachusetts · Census, HUD and BEA figures · Updated

Cost of Living in Nantucket County, MA

Prices around Nantucket County, MA run 5.8% above the U.S. average (BEA, Massachusetts). The typical household there earns $139,688 a year, and HUD puts a two-bedroom at $3,138 a month. Keeping that rent under 30% of income takes about $125,520 a year.

Nantucket County, MA at a glance

Median household income

$139,688$11,641 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$3,138HUD FY2026 Fair Market Rent
Price level (U.S. = 100)105.8+5.8% · BEA, Massachusetts
Electricity29.6¢per kWh · EIA Residential MA
Population14,483Census ACS 5-year estimate

How much rent can you afford in Nantucket County, MA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$3,138Monthly market rent
Share of gross income27%Recommended max: 30%
Annual income needed$125,520To meet the 30% standard
Max affordable rent$3,492At 30% of $139,688
0%30% (Affordability standard)100%
Compare against:

How much is rent in Nantucket County, MA? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Nantucket County, MA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Nantucket County, MA, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$2,409$28,908$96,36020.7%
1-Bedroom Apartment$2,425$29,100$97,00020.8%
2-Bedroom ApartmentBenchmark$3,138$37,656$125,52027%
3-Bedroom Home$4,143$49,716$165,72035.6%
4-Bedroom Home$5,260$63,120$210,40045.2%

Rent in Nantucket County, MA, with the wage each unit needs →

What a typical income covers in Nantucket County, MA

The 50/30/20 rule applied to the local median of $139,688 a year ($11,641 a month before tax).

Needs (50%)$5,820/moRent ($3,138 2-BR), utilities (~$266/mo), groceries, transit
Wants (30%)$3,492/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$2,328/moEmergency fund, retirement, paying down loans

What $139,688 leaves after Massachusetts taxes

Federal income tax, Social Security, Medicare and Massachusetts tax on the local median income. Change the salary to see yours.

$139,688
$55,000$280,000
Filing status:
Gross salary breakdown$139,688
Net 72%
Fed 16%
MA 5%
FICA 8%
Annual take-home$100,078After all taxes
Monthly deposit$8,340Estimated per month
Biweekly paycheck$3,849Every 2 weeks (26/yr)
Effective tax rate28.4%Total tax burden
Federal income tax$22,259 / yr
Massachusetts state income tax$6,664 / yr
FICA (Social Security & Medicare)$10,686 / yr

Living in Nantucket County, MA: common questions

What is the median household income in Nantucket County, MA?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Nantucket County, MA is $139,688 per year (approximately $11,641 per month).

What is the average rent in Nantucket County, MA?

The closest official figure is HUD's Fair Market Rent for 2026: $2,409 for a studio, $2,425 for one bedroom, $3,138 for two, $4,143 for three and $5,260 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Nantucket County, MA expensive to live in?

Prices there run 5.8% above the U.S. average. BEA's regional price parity for Massachusetts is 105.8, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Nantucket County, MA?

To keep a $3,138 two-bedroom under 30% of gross income, a household needs about $125,520 a year, or $10,460 a month. That is 90% of what the typical household in Nantucket County, MA earns.

How much do you need to live comfortably in Nantucket County, MA?

On the local median income of $139,688 ($11,641 a month before tax), the 50/30/20 rule leaves $5,820 a month for needs like rent, utilities and groceries, $3,492 for everything else and $2,328 for savings or debt. A two-bedroom at $3,138 takes 54% of the needs share.

How much is the electric bill in Nantucket County, MA?

Homes in Massachusetts paid 29.6¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $266. Your bill depends mostly on heating and cooling.