Cost of Living in Southborough, MA
Population 10,441 · Massachusetts · Data vintage 2023
(100 = US avg)
Southborough's housing market reflects its status as a high-earning metro: $797,000 for a typical home, 161% above the US median, paired with household incomes around $192,006 that put it in the upper third of the state.
Geographically, Southborough sits roughly 14 miles east of Worcester. Median home values run roughly 135% higher than Worcester's $340,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Southborough
The median home value in Southborough is $796,700 — 161% above the national median of $305,000. Median rent runs $2,343/month, 78% higher than the national median of $1,314/month. The median household income of $192,006/year is 157% higher than the US median of $74,580. The local unemployment rate is 4.1%, 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 56.7°F and lows of 39.6°F, with about 72.9" of annual snowfall. Overall, Southborough has a cost of living index of 228 versus the US average of 100, meaning it is 128% 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 32 | 35 | 43 | 56 | 67 | 75 | 80 | 78 | 71 | 59 | 48 | 38 |
| Low °F | 17 | 19 | 26 | 37 | 47 | 56 | 62 | 61 | 53 | 42 | 33 | 23 |
| Precip" | 3.52 | 3.26 | 4.19 | 4.08 | 3.56 | 4.22 | 3.93 | 4.14 | 4.24 | 4.84 | 4.00 | 4.28 |
| Snow" | 18.2 | 21.2 | 13.7 | 1.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.1 | 1.9 | 14.9 |
Frequently Asked Questions
What is the cost of living in Southborough, MA?
Southborough has a cost index of 228 (100 = national average). It is 128% above the national average.
What is average rent in Southborough, MA?
The median gross rent in Southborough is $2,343 per month based on 2023 Census data.
What is the average home price in Southborough?
The median home value in Southborough is $796,700 according to 2023 Census ACS data.
What is the median income in Southborough?
The median household income in Southborough is $192,006 per year (2023 ACS 5-year estimates).
What is the sales tax in Southborough, MA?
The combined state and local sales tax rate in Southborough is 6.3%. The Massachusetts state income tax top rate is 9.0%.
Is Southborough, MA affordable?
Southborough is above average in cost of living, with an index of 228 — about 128% higher than the national average.
What is the weather like in Southborough?
Southborough has average high temperatures of 56.7°F and average lows of 39.6°F. Annual precipitation is 48.3". Average annual snowfall is 72.9". Data from NOAA 1991–2020 Climate Normals.
Southborough at a Glance
- Population
- 10,441
- Median Income
- $192,006
- Home Value
- $796,700
- Median Rent
- $2,343/mo
- Unemployment
- 4.1%
- Avg High Temp
- 56.7°F
- Sales Tax
- 6.3%
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Massachusetts Rankings
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