Quick answer
Prices in Springfield, MA were 3.9% below the US average in 2024 (Regional Price Parity 96.1, US = 100), with a housing-rent index of 75.8, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 96.061 |
| Goods | 97.015 |
| Housing (rents) | 75.781 |
| Utilities | 154.996 |
| Other services | 101.197 |
| — All items by year — | |
| 2024 | 96.061 |
| 2023 | 98.068 |
| 2022 | 98.927 |
| 2021 | 97.660 |
| 2020 | 99.064 |
| 2019 | 97.836 |
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Last updated 2026-10-16. Data only, not financial or tax advice.