Cost of Living in Natick, MA

Population 36,627 · Massachusetts · Data vintage 2023

208
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Natick's housing market reflects its status as a high-earning metro: $741,000 for a typical home, 143% above the US median, paired with household incomes around $134,591 that put it in the upper third of the state. An unemployment rate of 3.0% points to a labor market well on the tight side of the national distribution.

Geographically, Natick sits roughly 13 miles west of Cambridge. Median home values run roughly 29% lower than Cambridge's $1 million.

Cost Overview

Housing 243
Rent 157

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

About the Cost of Living in Natick

The median home value in Natick is $740,700 — 143% above the national median of $305,000. Median rent runs $2,059/month, 57% higher than the national median of $1,314/month. The median household income of $134,591/year is 80% higher than the US median of $74,580. The local unemployment rate is 3.0%, 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, Natick has a cost of living index of 208 versus the US average of 100, meaning it is 108% more expensive.

🏠 Housing

Median Home Value
$740,700
143% above avg
Median Rent
$2,059/mo
57% above avg
Price-to-Rent Ratio
30.0x
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 67.5%
Renter-occupied 32.5%

💰 Estimated Monthly Budget

Rent median rent
$2,059
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,673/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
31.5 min
17% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
22.9%

Commute Mode

Drove alone
63.4%
Carpooled
3.5%
Public transit
6.9%
Walked
2.1%
Bicycle
0.1%
Work from home
22.9%

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
$134,591
80% above avg
Per Capita Income
$76,366
Unemployment Rate
3.0%
39% below avg
Poverty Rate
5.6%
Labor Force Participation
57.7%

🎓 Education

Bachelor's degree+ 33.6%
Graduate degree 35.8%

👥 Demographics

Median Age 42.7
Male median age 41.3
Female median age 44.2

🌤 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

Frequently Asked Questions

What is the cost of living in Natick, MA?

Natick has a cost index of 208 (100 = national average). It is 108% above the national average.

What is average rent in Natick, MA?

The median gross rent in Natick is $2,059 per month based on 2023 Census data.

What is the average home price in Natick?

The median home value in Natick is $740,700 according to 2023 Census ACS data.

What is the median income in Natick?

The median household income in Natick is $134,591 per year (2023 ACS 5-year estimates).

What is the sales tax in Natick, MA?

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

Is Natick, MA affordable?

Natick is above average in cost of living, with an index of 208 — about 108% higher than the national average.

What is the weather like in Natick?

Natick 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.

Natick at a Glance

Population
36,627
Median Income
$134,591
Home Value
$740,700
Median Rent
$2,059/mo
Unemployment
3.0%
Avg High Temp
62.9°F
Sales Tax
6.3%
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