Cost of Living in Westwood, MA

Population 16,213 · Massachusetts · Data vintage 2023

267
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Westwood's housing market reflects its status as a high-earning metro: $986,000 for a typical home, 223% above the US median, paired with household incomes around $205,000 that put it in the upper third of the state. The labor market has been unusually tight, with unemployment around 1.8% — below most comparable cities in the state.

Westwood sits roughly 11 miles west of Quincy — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 65% higher than Quincy's $598,000.

Cost Overview

Housing 323
Rent 182

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

About the Cost of Living in Westwood

The median home value in Westwood is $985,800 — 223% above the national median of $305,000. Median rent runs $2,390/month, 82% higher than the national median of $1,314/month. The median household income of $205,000/year is 175% higher than the US median of $74,580. The local unemployment rate is 1.8%, 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, Westwood has a cost of living index of 267 versus the US average of 100, meaning it is 167% more expensive.

🏠 Housing

Median Home Value
$985,800
223% above avg
Median Rent
$2,390/mo
82% above avg
Price-to-Rent Ratio
34.4x
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 87.2%
Renter-occupied 12.8%

💰 Estimated Monthly Budget

Rent median rent
$2,390
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,004/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
30.2 min
12% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.4%

Commute Mode

Drove alone
60.6%
Carpooled
9.8%
Public transit
5.8%
Walked
0.1%
Work from home
23.4%

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
$205,000
175% above avg
Per Capita Income
$86,172
Unemployment Rate
1.8%
63% below avg
Poverty Rate
5.0%
Labor Force Participation
50.1%

🎓 Education

Bachelor's degree+ 35.5%
Graduate degree 35.5%

👥 Demographics

Median Age 43.3
Male median age 41.3
Female median age 44.8

🌤 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 Westwood, MA?

Westwood has a cost index of 267 (100 = national average). It is 167% above the national average.

What is average rent in Westwood, MA?

The median gross rent in Westwood is $2,390 per month based on 2023 Census data.

What is the average home price in Westwood?

The median home value in Westwood is $985,800 according to 2023 Census ACS data.

What is the median income in Westwood?

The median household income in Westwood is $205,000 per year (2023 ACS 5-year estimates).

What is the sales tax in Westwood, MA?

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

Is Westwood, MA affordable?

Westwood is above average in cost of living, with an index of 267 — about 167% higher than the national average.

What is the weather like in Westwood?

Westwood 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.

Westwood at a Glance

Population
16,213
Median Income
$205,000
Home Value
$985,800
Median Rent
$2,390/mo
Unemployment
1.8%
Avg High Temp
62.9°F
Sales Tax
6.3%
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