Cost of living in Revere, MA — Housing, Rent & Index

All states·Massachusetts·Revere·Cost of living

Housing, rent, and a comparison to the US average.

$619,170
Median home value
$2,755/mo
Median rent
174
Cost index (US=100)
+0.2%
Home YoY change

The median home value in Revere, MA is $619,170 as of 2026-04. That places Revere above the US average for housing cost, with a cost index of approximately 174 versus a national baseline of 100.

Over the past 12 months, the median home value in Revere has moved sideways, and over the past five years it has averaged +3.8% annual growth. The current price sits -0.4% from its 5-year peak in 2026-01.

Renters pay a median of $2,755 per month in Revere. Rents have changed +1.6% over the last year and averaged +5.8% per year over five years.

Beyond housing, day-to-day costs in Revere are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.

Housing

Median home value$619,170
1-year change+0.2%
5-year price growth+3.8%
10-year price growth+6.2%
vs 5-year peak-0.4%

Source: Zillow Home Value Index (ZHVI).

How Revere compares

Cost index174 (above US)
Median home vs US (~$355k)+74.4%
Population60,702
Momentum score59 (Stable)

Cost index is currently a housing-only proxy; full BLS basket coming with ACS pull.

Affordability reality

Prices only mean something against local pay. Here’s how Revere’s housing lines up with what people here actually earn.

Median rent vs income38% of local median income
Home price-to-income7.1× local median income

At $2,755/mo, rent eats about 38% of the local median household income of $86,969 — well above the 30% rule of thumb for affordable housing.

The median home runs about 7.1× the local median income (severely stretched — a stretch even for local earners).

Daily life in Revere

Climate

81°/64° summer35°/21° winter200 sunny days43″ snow/yr48″ rain/yr

Summers run mild (highs near 81°F) and winters are chilly (highs near 35°F), with about 43″ of snow a year.

Natural-hazard & insurance risk

Flood: moderateTornado: lowHurricane: moderateWildfire: very lowEarthquake: very low

Insurance heads-up: in Revere, flood damage isn’t covered by standard home insurance — budget for a separate NFIP/private flood policy and check the FEMA flood zone for the exact address.

Getting around

The average commute is 38 min — longer than the US average of ~27 min; 9% of workers are remote; 46% own their home.

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.