Cost of Living in Billerica, MA

Population 41,700 · Massachusetts · Data vintage 2023

177
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Billerica's housing market reflects its status as a high-earning metro: $571,000 for a typical home, 87% above the US median, paired with household incomes around $139,706 that put it in the upper third of the state.

Billerica sits roughly 6 miles southeast of Lowell — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 44% higher than Lowell's $395,000.

Cost Overview

Housing 187
Rent 162

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Billerica

The median home value in Billerica is $570,500 — 87% above the national median of $305,000. Median rent runs $2,132/month, 62% higher than the national median of $1,314/month. The median household income of $139,706/year is 87% higher than the US median of $74,580. The local unemployment rate is 3.5%, below the national average of 4.8%. Massachusetts's top state income tax rate is 9.0% and the combined sales tax is 6.3%. The climate averages highs of 61.3°F and lows of 39.7°F. Overall, Billerica has a cost of living index of 177 versus the US average of 100, meaning it is 77% more expensive.

🏠 Housing

Median Home Value
$570,500
87% above avg
Median Rent
$2,132/mo
62% above avg
Price-to-Rent Ratio
22.3x
Favors renting
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$2,263
1 BR
$2,394
2 BR
$2,837
3 BR
$3,418
4 BR
$3,761
Owner-occupied 78.1%
Renter-occupied 21.9%

💰 Estimated Monthly Budget

Rent median rent
$2,132
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,746/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.0 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.6%

Commute Mode

Drove alone
69.9%
Carpooled
7.2%
Public transit
1.7%
Walked
1.4%
Work from home
18.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.0%
Total Sales Tax 6.3%
State rate 6.3%
Avg local rate 0.0%
Property Tax 1.2%

💼 Income & Employment

Median Household Income
$139,706
87% above avg
Per Capita Income
$56,392
Unemployment Rate
3.5%
26% below avg
Poverty Rate
4.5%
Labor Force Participation
60.9%

🎓 Education

Bachelor's degree+ 26.0%
Graduate degree 15.0%

👥 Demographics

Median Age 43.3
Male median age 42.4
Female median age 43.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.3°F
Avg Low
39.7°F
Annual Precip
42.6"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 373948607079858476645242
Low °F 181927374756626052413224
Precip" 2.902.693.853.843.363.723.513.473.544.243.723.76

Frequently Asked Questions

What is the cost of living in Billerica, MA?

Billerica has a cost index of 177 (100 = national average). It is 77% above the national average.

What is average rent in Billerica, MA?

The median gross rent in Billerica is $2,132 per month based on 2023 Census data.

What is the average home price in Billerica?

The median home value in Billerica is $570,500 according to 2023 Census ACS data.

What is the median income in Billerica?

The median household income in Billerica is $139,706 per year (2023 ACS 5-year estimates).

What is the sales tax in Billerica, MA?

The combined state and local sales tax rate in Billerica is 6.3%. The Massachusetts state income tax top rate is 9.0%.

Is Billerica, MA affordable?

Billerica is above average in cost of living, with an index of 177 — about 77% higher than the national average.

What is the weather like in Billerica?

Billerica has average high temperatures of 61.3°F and average lows of 39.7°F. Annual precipitation is 42.6". Data from NOAA 1991–2020 Climate Normals.

Billerica at a Glance

Population
41,700
Median Income
$139,706
Home Value
$570,500
Median Rent
$2,132/mo
Unemployment
3.5%
Avg High Temp
61.3°F
Sales Tax
6.3%
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