Cost of Living in Templeton, MA
Population 8,187 · Massachusetts · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Templeton a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $325,000. At 7.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 25 miles northwest of Worcester, Templeton falls within that metro's commuting orbit. Housing prices track closely with Worcester's $340,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Templeton
The median home value in Templeton is $324,800 — 6% above the national median of $305,000. Median rent runs $1,163/month, 11% lower than the national median of $1,314/month. The median household income of $103,277/year is 38% higher than the US median of $74,580. The local unemployment rate is 7.1%, above 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 59.3°F and lows of 37.2°F. Overall, Templeton has a cost of living index of 99 versus the US average of 100, meaning it is 1% less expensive.
Templeton has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 | 33 | 37 | 45 | 59 | 70 | 79 | 84 | 82 | 74 | 62 | 50 | 39 |
| Low °F | 14 | 15 | 24 | 34 | 46 | 55 | 60 | 59 | 51 | 39 | 30 | 21 |
| Precip" | 2.71 | 2.34 | 3.38 | 3.44 | 3.24 | 4.14 | 3.76 | 3.87 | 4.29 | 4.22 | 3.37 | 3.40 |
Frequently Asked Questions
What is the cost of living in Templeton, MA?
Templeton has a cost index of 99 (100 = national average). It is 1% below the national average.
What is average rent in Templeton, MA?
The median gross rent in Templeton is $1,163 per month based on 2023 Census data.
What is the average home price in Templeton?
The median home value in Templeton is $324,800 according to 2023 Census ACS data.
What is the median income in Templeton?
The median household income in Templeton is $103,277 per year (2023 ACS 5-year estimates).
What is the sales tax in Templeton, MA?
The combined state and local sales tax rate in Templeton is 6.3%. The Massachusetts state income tax top rate is 9.0%.
Is Templeton, MA affordable?
Templeton is near the national average in terms of cost of living, with an index of 99 (100 = US average).
What is the weather like in Templeton?
Templeton has average high temperatures of 59.3°F and average lows of 37.2°F. Annual precipitation is 42.2". Data from NOAA 1991–2020 Climate Normals.
Templeton at a Glance
- Population
- 8,187
- Median Income
- $103,277
- Home Value
- $324,800
- Median Rent
- $1,163/mo
- Unemployment
- 7.1%
- Avg High Temp
- 59.3°F
- Sales Tax
- 6.3%
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Massachusetts Rankings
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