Cost of Living in Cohasset, MA

Population 8,358 · Massachusetts · Data vintage 2023

275
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Cohasset run well above the national baseline, with a median of $1.1 million, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $187,060 place the city among the better-paid Massachusetts metros.

Cohasset sits roughly 11 miles east of Quincy — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 83% higher than Quincy's $598,000.

Cost Overview

Housing 358
Rent 149

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

About the Cost of Living in Cohasset

The median home value in Cohasset is $1,092,500 — 258% above the national median of $305,000. Median rent runs $1,959/month, 49% higher than the national median of $1,314/month. The median household income of $187,060/year is 151% 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 59.3°F and lows of 44.5°F, with about 49.2" of annual snowfall. Overall, Cohasset has a cost of living index of 275 versus the US average of 100, meaning it is 175% more expensive.

🏠 Housing

Median Home Value
$1,092,500
258% above avg
Median Rent
$1,959/mo
49% above avg
Price-to-Rent Ratio
46.5x
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 83.2%
Renter-occupied 16.8%

💰 Estimated Monthly Budget

Rent median rent
$1,959
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,573/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
42.6 min
58% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
24.1%

Commute Mode

Drove alone
57.4%
Carpooled
2.6%
Public transit
13.2%
Walked
2.3%
Work from home
24.1%

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
$187,060
151% above avg
Per Capita Income
$114,646
Unemployment Rate
3.5%
28% below avg
Poverty Rate
3.0%
Labor Force Participation
50.4%

🎓 Education

Bachelor's degree+ 40.1%
Graduate degree 32.3%

👥 Demographics

Median Age 45.6
Male median age 45.2
Female median age 46.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.3°F
Avg Low
44.5°F
Annual Precip
43.6"
Annual Snowfall
49.2"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 373946566776828073625242
Low °F 232531415060666558483829
Precip" 3.393.214.173.633.253.893.273.233.564.033.664.30
Snow" 14.314.49.01.60.00.00.00.00.00.20.79.0

Frequently Asked Questions

What is the cost of living in Cohasset, MA?

Cohasset has a cost index of 275 (100 = national average). It is 175% above the national average.

What is average rent in Cohasset, MA?

The median gross rent in Cohasset is $1,959 per month based on 2023 Census data.

What is the average home price in Cohasset?

The median home value in Cohasset is $1,092,500 according to 2023 Census ACS data.

What is the median income in Cohasset?

The median household income in Cohasset is $187,060 per year (2023 ACS 5-year estimates).

What is the sales tax in Cohasset, MA?

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

Is Cohasset, MA affordable?

Cohasset is above average in cost of living, with an index of 275 — about 175% higher than the national average.

What is the weather like in Cohasset?

Cohasset has average high temperatures of 59.3°F and average lows of 44.5°F. Annual precipitation is 43.6". Average annual snowfall is 49.2". Data from NOAA 1991–2020 Climate Normals.

Cohasset at a Glance

Population
8,358
Median Income
$187,060
Home Value
$1,092,500
Median Rent
$1,959/mo
Unemployment
3.5%
Avg High Temp
59.3°F
Sales Tax
6.3%
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