Cost of Living in Medfield, MA

Population 12,923 · Massachusetts · Data vintage 2023

221
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Medfield run well above the national baseline, with a median of $869,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $214,801 place the city among the better-paid Massachusetts metros.

Located 15 miles west of Brockton, Medfield falls within that metro's commuting orbit. Median home values run roughly 114% higher than Brockton's $406,000.

Cost Overview

Housing 285
Rent 126

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

About the Cost of Living in Medfield

The median home value in Medfield is $869,400 — 185% above the national median of $305,000. Median rent runs $1,652/month, 26% higher than the national median of $1,314/month. The median household income of $214,801/year is 188% higher than the US median of $74,580. The local unemployment rate is 3.8%, 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 62.9°F and lows of 41.0°F. Overall, Medfield has a cost of living index of 221 versus the US average of 100, meaning it is 121% more expensive.

🏠 Housing

Median Home Value
$869,400
185% above avg
Median Rent
$1,652/mo
26% above avg
Price-to-Rent Ratio
43.9x
Favors renting
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$2,263
1 BR
$2,394
2 BR
$2,837
3 BR
$3,418
4 BR
$3,761
Owner-occupied 86.4%
Renter-occupied 13.6%

💰 Estimated Monthly Budget

Rent median rent
$1,652
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,266/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
33.1 min
23% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
35.1%

Commute Mode

Drove alone
49.9%
Carpooled
5.4%
Public transit
7.7%
Walked
1.9%
Work from home
35.1%

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
$214,801
188% above avg
Per Capita Income
$102,662
Unemployment Rate
3.8%
21% below avg
Poverty Rate
2.3%
Labor Force Participation
53.4%

🎓 Education

Bachelor's degree+ 38.8%
Graduate degree 37.5%

👥 Demographics

Median Age 40.8
Male median age 39.7
Female median age 42

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.9°F
Avg Low
41.0°F
Annual Precip
43.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404249617180868477665544
Low °F 212230394857636152413426
Precip" 3.412.803.723.963.303.923.033.633.824.543.694.09

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 41 — Good
75.6%
Good air days/yr
136
Max AQI recorded
135
PM2.5 days
229
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

96%
4-Year Graduation Rate
13.3:1
Student-teacher ratio
5
Public schools
2,601
Total enrollment

Frequently Asked Questions

What is the cost of living in Medfield, MA?

Medfield has a cost index of 221 (100 = national average). It is 121% above the national average.

What is average rent in Medfield, MA?

The median gross rent in Medfield is $1,652 per month based on 2023 Census data.

What is the average home price in Medfield?

The median home value in Medfield is $869,400 according to 2023 Census ACS data.

What is the median income in Medfield?

The median household income in Medfield is $214,801 per year (2023 ACS 5-year estimates).

What is the sales tax in Medfield, MA?

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

Is Medfield, MA affordable?

Medfield is above average in cost of living, with an index of 221 — about 121% higher than the national average.

What is the weather like in Medfield?

Medfield has average high temperatures of 62.9°F and average lows of 41.0°F. Annual precipitation is 43.9". Data from NOAA 1991–2020 Climate Normals.

Medfield at a Glance

Population
12,923
Median Income
$214,801
Home Value
$869,400
Median Rent
$1,652/mo
Unemployment
3.8%
Avg High Temp
62.9°F
Sales Tax
6.3%
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