Cost of Living in Lynnfield, MA
Population 12,964 · Massachusetts · Data vintage 2023
(100 = US avg)
Housing in Lynnfield sits 196% above the national median — $904,000 for the typical home — but median household incomes near $172,484 (131% above the US figure) soften the blow that similar pricing creates in lower-wage metros.
Geographically, Lynnfield sits roughly 6 miles northwest of Lynn. Median home values run roughly 91% higher than Lynn's $473,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lynnfield
The median home value in Lynnfield is $904,200 — 196% above the national median of $305,000. Median rent runs $2,333/month, 78% higher than the national median of $1,314/month. The median household income of $172,484/year is 131% 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%. Overall, Lynnfield has a cost of living index of 249 versus the US average of 100, meaning it is 149% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Lynnfield, MA?
Lynnfield has a cost index of 249 (100 = national average). It is 149% above the national average.
What is average rent in Lynnfield, MA?
The median gross rent in Lynnfield is $2,333 per month based on 2023 Census data.
What is the average home price in Lynnfield?
The median home value in Lynnfield is $904,200 according to Zillow and Census data.
What is the median income in Lynnfield?
The median household income in Lynnfield is $172,484 per year (2023 ACS 5-year estimates).
What is the sales tax in Lynnfield, MA?
The combined state and local sales tax rate in Lynnfield is 6.3%. The Massachusetts state income tax top rate is 9.0%.
Is Lynnfield, MA affordable?
Lynnfield is above average in cost of living, with an index of 249 — about 149% higher than the national average.
Lynnfield at a Glance
- Population
- 12,964
- Median Income
- $172,484
- Home Value
- $904,200
- Median Rent
- $2,333/mo
- Unemployment
- 3.5%
- Sales Tax
- 6.3%
Nearby Cities
Explore county-level cost of living data
Massachusetts Rankings
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