Medford vs Reading
Cost of Living Comparison · 2026
Medford
Reading
The Verdict
Reading is 19.1% less expensive than Medford overall. A household earning $75,000 in Medford would need approximately $62,972 in Reading to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Medford has the same purchasing power as $62,972 in Reading.
Conversely, $75,000 in Reading equals $89,326 in Medford.
Living in Medford vs Reading
Housing Costs
Medford's housing index of 139 is higher Reading's 62, translating to median home prices of $406,000 vs $155,000. The $251,000 difference in home prices means roughly $16,320 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Medford compared to $1,050/mo in Reading, a monthly difference of $325.
Grocery & Food Costs
Grocery expenses index at 108 in Medford and 96 in Reading. A household spending the national average of $475/month on groceries would pay approximately $513/month in Medford vs $456/month in Reading. Reading offers a meaningful advantage on everyday food costs, saving roughly $684/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 97 in Medford and 105 in Reading. Monthly utility bills average approximately $388 in Medford vs $420 in Reading. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 100 in Medford and 89 in Reading. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 11-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $73,200 in Medford and $45,600 in Reading. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $69,057 and $51,236 respectively. Medford residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,708/month to housing in Medford vs $1,064/month in Reading. In Medford, median rent of $1,375/mo fits within this budget. In Reading, median rent of $1,050/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 77 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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