Cost of Living in Tewksbury, MA

Population 31,168 · Massachusetts · Data vintage 2023

175
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Tewksbury's cost indicators track within a reasonable band of national figures, with median household incomes near $125,966 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Tewksbury sits roughly 5 miles east of Lowell — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 38% higher than Lowell's $395,000.

Cost Overview

Housing 178
Rent 171

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

About the Cost of Living in Tewksbury

The median home value in Tewksbury is $543,800 — 78% above the national median of $305,000. Median rent runs $2,248/month, 71% higher than the national median of $1,314/month. The median household income of $125,966/year is 69% higher than the US median of $74,580. The local unemployment rate is 4.0%, 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 59.4°F and lows of 40.9°F. Overall, Tewksbury has a cost of living index of 175 versus the US average of 100, meaning it is 75% more expensive.

🏠 Housing

Median Home Value
$543,800
78% above avg
Median Rent
$2,248/mo
71% above avg
Price-to-Rent Ratio
20.2x
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 85.0%
Renter-occupied 15.0%

💰 Estimated Monthly Budget

Rent median rent
$2,248
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,862/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
31.4 min
16% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.2%

Commute Mode

Drove alone
80.1%
Carpooled
5.2%
Public transit
1.3%
Walked
0.6%
Bicycle
0.3%
Work from home
12.2%

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
$125,966
69% above avg
Per Capita Income
$55,423
Unemployment Rate
4.0%
16% below avg
Poverty Rate
3.0%
Labor Force Participation
57.4%

🎓 Education

Bachelor's degree+ 26.0%
Graduate degree 14.4%

👥 Demographics

Median Age 47
Male median age 45.5
Female median age 48.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.4°F
Avg Low
40.9°F
Annual Precip
40.9"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353845586977838274625140
Low °F 192128384857636254433425
Precip" 2.862.443.423.603.393.993.483.043.754.103.523.32

Frequently Asked Questions

What is the cost of living in Tewksbury, MA?

Tewksbury has a cost index of 175 (100 = national average). It is 75% above the national average.

What is average rent in Tewksbury, MA?

The median gross rent in Tewksbury is $2,248 per month based on 2023 Census data.

What is the average home price in Tewksbury?

The median home value in Tewksbury is $543,800 according to 2023 Census ACS data.

What is the median income in Tewksbury?

The median household income in Tewksbury is $125,966 per year (2023 ACS 5-year estimates).

What is the sales tax in Tewksbury, MA?

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

Is Tewksbury, MA affordable?

Tewksbury is above average in cost of living, with an index of 175 — about 75% higher than the national average.

What is the weather like in Tewksbury?

Tewksbury has average high temperatures of 59.4°F and average lows of 40.9°F. Annual precipitation is 40.9". Data from NOAA 1991–2020 Climate Normals.

Tewksbury at a Glance

Population
31,168
Median Income
$125,966
Home Value
$543,800
Median Rent
$2,248/mo
Unemployment
4.0%
Avg High Temp
59.4°F
Sales Tax
6.3%
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Explore county-level cost of living data

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