Medfield, MA

Yes — Medfield is about 94% more expensive than the national average, with an overall Cost Index of 194. Housing is the biggest factor: the typical home here is valued around $1,039,370, and monthly rents average roughly $1,667. Day-to-day costs like groceries and utilities tend to run closer to the national norm.

Start with housing. Typical monthly rent is $1,667, while local median household income is $186,625. That implies a rent-burden proxy of about 11% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

Massachusetts has a progressive state income tax with a top rate of 9%. The effective property tax rate is 1.15%. On a home worth $1,039,370, that translates to roughly $11,953 per year in property taxes. Sales tax (state + local) averages around 6.25% on everyday purchases.

The typical monthly rent in Medfield is around $1,667. That's about 24% higher than the $1,348 national median. For comparison, the median home value here is $1,039,370, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Medfield is valued at $1,039,370. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $5,256/month for principal and interest alone — before property taxes and insurance. About 82% of residents here own their homes.

Grocery prices in Medfield are about average compared to the rest of the US (index: 100, where 100 is the national average). Utility bills (electricity, gas, water) are on the high side (index: 149). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

Medfield is a small town with a population of about 6,355. The median age of residents is 44.4, skewing somewhat older — common in established suburban communities. The local poverty rate is 3.81%, well below the national average of 12.4%.