Cost of Living in Fall River, MA (2026)

Updated Jun 2026 (3 months ago) · Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Energy Information Administration

Key facts

Rent (1-bedroom)
$852/month
U.S. Census Bureau · 2024-12-31
Median household income
$56,673
U.S. Census Bureau · 2024-12-31
Regional price parity
105.8 (above national average)
U.S. Bureau of Economic Analysis · 2024-12-31
Utilities (monthly)
$266/month
U.S. Energy Information Administration · 2026-06-30
Rent burden (of income)
18% (affordable)
Derived from Census + HUD threshold · 2024-12-31

Can you afford this city?

You'd need about
$2,773
Groceries (est.)
$405
Monthly surplus
$2,227

Salary needed to live here

Salary needed (gross/yr)
$38,112
Gross per month
$3,176
Comfortable budget
$2,223

Fall River, MA vs the US average

Cost metrics vs US average, with sources
MetricValuevs US avg
Median household income
(Census ACS 5-Year, Dec 2024)
$56,673-27% vs US
Median home value
(Census ACS 5-Year, Dec 2024)
$395,500+16% vs US
Rent (1BR)
(Census ACS 5-Year, Dec 2024)
$852-34% vs US
Rent (2BR)
(Census ACS 5-Year, Dec 2024)
$1,165-21% vs US
Grocery cost index
(BEA Regional Price Parities, Dec 2024)
98.8-1% vs US
Utilities (monthly)
(EIA Electricity Retail Sales, Jun 2026)
$266+30% vs US

Cost breakdown vs US average

Cost breakdown vs US averageBar chart comparing 4 metrics to US national averages.Median household income$56,673US avg $77,719Rent (1BR)$852US avg $1,300Grocery cost index98.8US avg 100.0Utilities (monthly)$266US avg $205

Download this data (CSV)

What it costs to live in Fall River

At $852 per month for a one-bedroom, Fall River sits well below the national median of $1,300 (34% less). The median household income here is $56,673, and a one-bedroom lease absorbs about 18% of that — leaving room under the 30% affordability threshold. The median home value of $395,500 is about 7.0× median income — well above the 3× rule of thumb, making ownership a stretch on a typical local salary. That's 16% above the U.S. median of $340,200. Utilities here run about $266/month — 30% above the national average of $205, driven by local climate and energy rates. Use the calculator above to see how far your income goes, with rent and utilities prefilled from the latest U.S. Census Bureau data.

Buying a home in Fall River?

Mortgage payment calculator

Monthly payment (PITI)
$2,658
Principal & interest
$2,108
Total interest
$438,707

Estimate only — not financial, tax, or legal advice. Figures are illustrative and may not reflect your situation. Consult a qualified professional.

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Cite this page

CostAlmanac US, *Fall River, MA — Cost of Living*, https://costalmanac.com/cost-of-living/fall-river-ma

Data from U.S. government sources. See methodology for how every number is computed.