Cost of Living in Boxborough, MA

Population 5,468 · Massachusetts · Data vintage 2023

187
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Boxborough's housing market reflects its status as a high-earning metro: $672,000 for a typical home, 120% above the US median, paired with household incomes around $151,000 that put it in the upper third of the state.

Geographically, Boxborough sits roughly 15 miles southwest of Lowell. Median home values run roughly 70% higher than Lowell's $395,000.

Cost Overview

Housing 220
Rent 138

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

About the Cost of Living in Boxborough

The median home value in Boxborough is $671,800 — 120% above the national median of $305,000. Median rent runs $1,816/month, 38% higher than the national median of $1,314/month. The median household income of $151,000/year is 102% higher than the US median of $74,580. The local unemployment rate is 5.5%, above 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 59.5°F and lows of 38.3°F. Overall, Boxborough has a cost of living index of 187 versus the US average of 100, meaning it is 87% more expensive.

🏠 Housing

Median Home Value
$671,800
120% above avg
Median Rent
$1,816/mo
38% above avg
Price-to-Rent Ratio
30.8x
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 77.3%
Renter-occupied 22.7%

💰 Estimated Monthly Budget

Rent median rent
$1,816
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,430/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
30.0 min
11% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.0%

Commute Mode

Drove alone
73.0%
Carpooled
4.9%
Public transit
3.0%
Walked
0.2%
Work from home
19.0%

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
$151,000
102% above avg
Per Capita Income
$75,416
Unemployment Rate
5.5%
15% above avg
Poverty Rate
3.6%
Labor Force Participation
64.8%

🎓 Education

Bachelor's degree+ 40.1%
Graduate degree 37.7%

👥 Demographics

Median Age 42.8
Male median age 44.6
Female median age 41.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.5°F
Avg Low
38.3°F
Annual Precip
43.4"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 343745587078838274625040
Low °F 161725354656626051403022
Precip" 2.652.823.823.783.604.113.523.363.984.483.583.67

Frequently Asked Questions

What is the cost of living in Boxborough, MA?

Boxborough has a cost index of 187 (100 = national average). It is 87% above the national average.

What is average rent in Boxborough, MA?

The median gross rent in Boxborough is $1,816 per month based on 2023 Census data.

What is the average home price in Boxborough?

The median home value in Boxborough is $671,800 according to 2023 Census ACS data.

What is the median income in Boxborough?

The median household income in Boxborough is $151,000 per year (2023 ACS 5-year estimates).

What is the sales tax in Boxborough, MA?

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

Is Boxborough, MA affordable?

Boxborough is above average in cost of living, with an index of 187 — about 87% higher than the national average.

What is the weather like in Boxborough?

Boxborough has average high temperatures of 59.5°F and average lows of 38.3°F. Annual precipitation is 43.4". Data from NOAA 1991–2020 Climate Normals.

Boxborough at a Glance

Population
5,468
Median Income
$151,000
Home Value
$671,800
Median Rent
$1,816/mo
Unemployment
5.5%
Avg High Temp
59.5°F
Sales Tax
6.3%
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Explore county-level cost of living data

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