Cost of Living in Greenfield, MA

Population 17,662 · Massachusetts · Data vintage 2023

83
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Greenfield sits on the smaller end of the Massachusetts city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 6.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Greenfield is about 35 miles north of Springfield, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 13% higher than Springfield's $223,000.

Cost Overview

Housing 83
Rent 83

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

About the Cost of Living in Greenfield

The median home value in Greenfield is $252,000 — 17% below the national median of $305,000. Median rent runs $1,097/month, 17% lower than the national median of $1,314/month. The median household income of $53,961/year is 28% lower than the US median of $74,580. The local unemployment rate is 6.5%, 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%. Overall, Greenfield has a cost of living index of 83 versus the US average of 100, meaning it is 17% less expensive.

🏠 Housing

Median Home Value
$252,000
17% below avg
Zillow Home Value
$324,482
Zillow ZHVI
Median Rent
$1,097/mo
17% below avg
Price-to-Rent Ratio
19.1x
Favors buying
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 54.6%
Renter-occupied 45.4%

💰 Estimated Monthly Budget

Rent median rent
$1,097
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,711/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
19.7 min
27% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.7%

Commute Mode

Drove alone
70.0%
Carpooled
7.8%
Public transit
0.6%
Walked
7.2%
Bicycle
0.9%
Work from home
12.7%

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
$53,961
28% below avg
Per Capita Income
$33,966
Unemployment Rate
6.5%
35% above avg
Poverty Rate
15.7%
Labor Force Participation
57.3%

🎓 Education

Bachelor's degree+ 20.9%
Graduate degree 17.0%

👥 Demographics

Median Age 44.1
Male median age 42.1
Female median age 46.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
67.4%
Good air days/yr
154
Max AQI recorded
226
PM2.5 days
139
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

76.7%
4-Year Graduation Rate
12.3:1
Student-teacher ratio
7
Public schools
2,381
Total enrollment

Frequently Asked Questions

What is the cost of living in Greenfield, MA?

Greenfield has a cost index of 83 (100 = national average). It is 17% below the national average.

What is average rent in Greenfield, MA?

The median gross rent in Greenfield is $1,097 per month based on 2023 Census data.

What is the average home price in Greenfield?

The median home value in Greenfield is $252,000 according to Zillow and Census data.

What is the median income in Greenfield?

The median household income in Greenfield is $53,961 per year (2023 ACS 5-year estimates).

What is the sales tax in Greenfield, MA?

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

Is Greenfield, MA affordable?

Yes, Greenfield is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.

Greenfield at a Glance

Population
17,662
Median Income
$53,961
Home Value
$252,000
Median Rent
$1,097/mo
Unemployment
6.5%
Sales Tax
6.3%
View all cities in Massachusetts →
🗺️ County data for Massachusetts

Explore county-level cost of living data

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