Cost of Living in Halifax, MA

Population 7,734 · Massachusetts · Data vintage 2023

133
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Halifax 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. An unemployment rate of 1.5% points to a labor market well on the tight side of the national distribution.

Halifax sits roughly 10 miles southeast of Brockton — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 9% higher than Brockton's $406,000.

Cost Overview

Housing 145
Rent 114

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

About the Cost of Living in Halifax

The median home value in Halifax is $442,800 — 45% above the national median of $305,000. Median rent runs $1,494/month, 14% higher than the national median of $1,314/month. The median household income of $106,851/year is 43% higher than the US median of $74,580. The local unemployment rate is 1.5%, 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 61.7°F and lows of 39.2°F. Overall, Halifax has a cost of living index of 133 versus the US average of 100, meaning it is 33% more expensive.

🏠 Housing

Median Home Value
$442,800
45% above avg
Median Rent
$1,494/mo
14% above avg
Price-to-Rent Ratio
24.7x
Favors renting
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,607
1 BR
$1,652
2 BR
$2,155
3 BR
$2,730
4 BR
$2,953
Owner-occupied 96.0%
Renter-occupied 4.0%

💰 Estimated Monthly Budget

Rent median rent
$1,494
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,108/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
33.8 min
25% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.8%

Commute Mode

Drove alone
79.5%
Carpooled
2.9%
Public transit
1.2%
Walked
2.5%
Work from home
11.8%

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
$106,851
43% above avg
Per Capita Income
$48,218
Unemployment Rate
1.5%
69% below avg
Poverty Rate
3.1%
Labor Force Participation
52.6%

🎓 Education

Bachelor's degree+ 23.5%
Graduate degree 9.4%

👥 Demographics

Median Age 41.3
Male median age 41.2
Female median age 41.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.7°F
Avg Low
39.2°F
Annual Precip
47.6"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 394148597079848375645444
Low °F 192127364655615951413225
Precip" 3.723.025.204.303.213.903.083.614.354.454.264.51

Frequently Asked Questions

What is the cost of living in Halifax, MA?

Halifax has a cost index of 133 (100 = national average). It is 33% above the national average.

What is average rent in Halifax, MA?

The median gross rent in Halifax is $1,494 per month based on 2023 Census data.

What is the average home price in Halifax?

The median home value in Halifax is $442,800 according to 2023 Census ACS data.

What is the median income in Halifax?

The median household income in Halifax is $106,851 per year (2023 ACS 5-year estimates).

What is the sales tax in Halifax, MA?

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

Is Halifax, MA affordable?

Halifax is above average in cost of living, with an index of 133 — about 33% higher than the national average.

What is the weather like in Halifax?

Halifax has average high temperatures of 61.7°F and average lows of 39.2°F. Annual precipitation is 47.6". Data from NOAA 1991–2020 Climate Normals.

Halifax at a Glance

Population
7,734
Median Income
$106,851
Home Value
$442,800
Median Rent
$1,494/mo
Unemployment
1.5%
Avg High Temp
61.7°F
Sales Tax
6.3%
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Explore county-level cost of living data

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