Cost of Living in Framingham, MA

Population 72,013 · Massachusetts · Data vintage 2023

175
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Framingham sits 97% above the national median — $601,000 for the typical home — but median household incomes near $98,179 (32% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Geographically, Framingham sits roughly 15 miles west of Cambridge. Median home values run roughly 42% lower than Cambridge's $1 million.

Cost Overview

Housing 197
Rent 141

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

About the Cost of Living in Framingham

The median home value in Framingham is $600,600 — 97% above the national median of $305,000. Median rent runs $1,853/month, 41% higher than the national median of $1,314/month. The median household income of $98,179/year is 32% higher than the US median of $74,580. The local unemployment rate is 4.4%, 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%. Overall, Framingham has a cost of living index of 175 versus the US average of 100, meaning it is 75% more expensive.

🏠 Housing

Median Home Value
$600,600
97% above avg
Zillow Home Value
$652,294
Zillow ZHVI
Median Rent
$1,853/mo
41% above avg
Zillow Rent
$2,316/mo
Zillow ZORI
Price-to-Rent Ratio
27.0x
Favors renting
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,429
1 BR
$1,498
2 BR
$1,963
3 BR
$2,405
4 BR
$2,811
Owner-occupied 54.8%
Renter-occupied 45.2%

💰 Estimated Monthly Budget

Rent median rent
$1,853
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,467/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
33.3 min
23% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.4%

Commute Mode

Drove alone
63.1%
Carpooled
7.0%
Public transit
2.8%
Walked
2.5%
Bicycle
0.7%
Work from home
17.4%

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
$98,179
32% above avg
Per Capita Income
$52,420
Unemployment Rate
4.4%
9% below avg
Poverty Rate
11.0%
Labor Force Participation
70.9%

🎓 Education

Bachelor's degree+ 28.9%
Graduate degree 20.5%

👥 Demographics

Median Age 37.7
Male median age 37.1
Female median age 38.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
77%
Good air days/yr
101
Max AQI recorded
165
PM2.5 days
193
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

84.1%
4-Year Graduation Rate
12.6:1
Student-teacher ratio
15
Public schools
9,887
Total enrollment

Frequently Asked Questions

What is the cost of living in Framingham, MA?

Framingham has a cost index of 175 (100 = national average). It is 75% above the national average.

What is average rent in Framingham, MA?

The median gross rent in Framingham is $1,853 per month based on 2023 Census data.

What is the average home price in Framingham?

The median home value in Framingham is $600,600 according to Zillow and Census data.

What is the median income in Framingham?

The median household income in Framingham is $98,179 per year (2023 ACS 5-year estimates).

What is the sales tax in Framingham, MA?

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

Is Framingham, MA affordable?

Framingham is above average in cost of living, with an index of 175 — about 75% higher than the national average.

Framingham at a Glance

Population
72,013
Median Income
$98,179
Home Value
$600,600
Median Rent
$1,853/mo
Unemployment
4.4%
Sales Tax
6.3%
View all cities in Massachusetts →
🗺️ County data for Massachusetts

Explore county-level cost of living data

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