Nantucket, MA
Discover how far your salary goes in Nantucket. Compare taxes, rent, and living costs.
10,166
5.0%
$1,890
/month
+35%
above avg
How far would your salary go in Nantucket?
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Rent Prices in Nantucket
Studio
$1,512
/month
$18,144/year
1 Bedroom
$1,890
/month
$22,680/year
2 Bedroom
$2,552
/month
$30,624/year
3 Bedroom
$3,308
/month
$39,696/year
Taxes in Massachusetts
State Income Tax
Massachusetts
For a $100k salary, that's ~$5,000/year in state taxes.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workMore Affordable Alternatives
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Frequently Asked Questions
What is the cost of living in Nantucket, MA?▼
Nantucket has a cost of living index of 168, which is 68% above the national average. A 1-bedroom apartment costs around $1,890/month.
What is the state income tax in Massachusetts?▼
Massachusetts has a state income tax rate of approximately 5.0%. This is in addition to federal income tax.
How much is rent in Nantucket?▼
The median rent for a 1-bedroom apartment in Nantucket is $1,890/month. For a 2-bedroom, expect to pay around $2,552/month. This is 35% above the national average.
Is Nantucket a good place to live?▼
Nantucket is a town with a population of 10,166. The cost of living is expensive, making it more expensive than average for the US.
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