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Framingham, MA

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
132
Very Expensive
Median Home Value
$600,600
National: $426,735
Median Rent
$1,853/mo
National: $1,527/mo
Household Income
$98,179
National: $84,532
Population
72,013
Purchasing Power
88
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
141 / 100
100 = national average
Rent Index
121 / 100
Overall Index
132
Very Expensive

Framingham Mortgage Calculator

Pre-filled with the local median home value of $600,600 and Massachusetts's property tax rate of 1.15%.

Salary & Purchasing Power

Median household income is $98,179 16% above the national average.

What $98,179 in Framingham Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$112,311+14%
Los Angeles, CA$126,443+29%
Chicago, IL$60,246-39%
Houston, TX$52,808-46%

Property Tax in Framingham, MA

Est. Annual Property Tax
$6,907
Monthly Impact
$576
Added to your mortgage
Effective Rate
1.15%
National avg: ~1.00%

Massachusetts Tax Overview

Tax TypeMassachusettsNational Avg
Property Tax Rate1.15%1.00%
Top Income Tax Rate9%~5.0%
State Sales Tax6.25%~5.0%

Compare Framingham to Another City

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Cost of Living Comparison

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Framingham, MA
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Framingham, MA: 141
Rent Prices
121
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR