Cost of Living in Hingham, MA

Population 24,185 · Massachusetts · Data vintage 2023

286
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Hingham sits 252% above the national median — $1.1 million for the typical home — but median household incomes near $181,017 (143% above the US figure) soften the blow that similar pricing creates in lower-wage metros. An unemployment rate of 2.5% points to a labor market well on the tight side of the national distribution.

Geographically, Hingham sits roughly 7 miles east of Quincy. Median home values run roughly 80% higher than Quincy's $598,000.

Cost Overview

Housing 352
Rent 187

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

About the Cost of Living in Hingham

The median home value in Hingham is $1,075,100 — 252% above the national median of $305,000. Median rent runs $2,452/month, 87% higher than the national median of $1,314/month. The median household income of $181,017/year is 143% higher than the US median of $74,580. The local unemployment rate is 2.5%, 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 58.4°F and lows of 41.0°F, with about 69.3" of annual snowfall. Overall, Hingham has a cost of living index of 286 versus the US average of 100, meaning it is 186% more expensive.

🏠 Housing

Median Home Value
$1,075,100
252% above avg
Median Rent
$2,452/mo
87% above avg
Price-to-Rent Ratio
36.5x
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 80.3%
Renter-occupied 19.7%

💰 Estimated Monthly Budget

Rent median rent
$2,452
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,066/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
37.9 min
40% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
31.0%

Commute Mode

Drove alone
51.5%
Carpooled
3.4%
Public transit
11.2%
Walked
1.8%
Work from home
31.0%

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
$181,017
143% above avg
Per Capita Income
$104,438
Unemployment Rate
2.5%
47% below avg
Poverty Rate
3.3%
Labor Force Participation
46.2%

🎓 Education

Bachelor's degree+ 39.4%
Graduate degree 36.0%

👥 Demographics

Median Age 47.6
Male median age 44.8
Female median age 50.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.4°F
Avg Low
41.0°F
Annual Precip
53.3"
Annual Snowfall
69.3"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353745576776828072615040
Low °F 192128374756636255443426
Precip" 4.463.975.434.613.804.573.423.854.225.294.325.33
Snow" 18.221.212.81.80.00.00.00.00.00.81.712.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 40 — Good
76.2%
Good air days/yr
114
Max AQI recorded
155
PM2.5 days
210
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

98%
4-Year Graduation Rate
14.3:1
Student-teacher ratio
6
Public schools
4,262
Total enrollment

Frequently Asked Questions

What is the cost of living in Hingham, MA?

Hingham has a cost index of 286 (100 = national average). It is 186% above the national average.

What is average rent in Hingham, MA?

The median gross rent in Hingham is $2,452 per month based on 2023 Census data.

What is the average home price in Hingham?

The median home value in Hingham is $1,075,100 according to 2023 Census ACS data.

What is the median income in Hingham?

The median household income in Hingham is $181,017 per year (2023 ACS 5-year estimates).

What is the sales tax in Hingham, MA?

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

Is Hingham, MA affordable?

Hingham is above average in cost of living, with an index of 286 — about 186% higher than the national average.

What is the weather like in Hingham?

Hingham has average high temperatures of 58.4°F and average lows of 41.0°F. Annual precipitation is 53.3". Average annual snowfall is 69.3". Data from NOAA 1991–2020 Climate Normals.

Hingham at a Glance

Population
24,185
Median Income
$181,017
Home Value
$1,075,100
Median Rent
$2,452/mo
Unemployment
2.5%
Avg High Temp
58.4°F
Sales Tax
6.3%
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