Southborough, MA Cost of Living


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Southborough cost of living score
111.5
More expensive
11.5% higher
than the US average
12.5% lower
than the Massachusetts average
Southborough, Massachusetts gets a BestPlaces Cost of Living score of 111.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.5% higher than the U.S. average and 12.5% higher than the average for Massachusetts.

Southborough, MA

Housing costs in Southborough?
A typical home costs $829,000, which is 145.2% more expensive than the national average of $338,100 and 48.8% more expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Southborough costs $2,070 per month, which is 44.8% more than the national average of $1,430 and 3.4% cheaper than the state average of $2,140.

Can I afford Southborough?
To live comfortably in Southborough, Massachusetts, a minimum annual income of $158,760 for a family, and $64,000 for a single person is recommended.

What does A.I. say about Southborough?
The cost of living in Southborough, MA is significantly higher than the US average. According to the data, the median house value in Southborough is $829,000 which is more than double that of the US average at $338,100. Furthermore, the Cost of Living Index in Southborough is 151.9 compared to the US average of 100. This indicates that it is much more expensive to live in Southborough than the typical US city.
   Cost of living score
     CategoriesSouthboroughMassachusettsUnited States
  111.5127.5100.0
  113.1108.9100
  90.490.2100.0
  259.3175.0100.0
  $829,000$557,300$338,100
  115.6%112.9%100.0%
  99.0107.9100.0
  135.8147.9100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Southborough
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Over 4 years ago

My son has been a student at Fay School for 7 years and is now in the lower school. He is thriving at Fay academically, socially, and in the athletics program. I  More

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Over 7 years ago

As an alum of Fay, I can say that my experiences there have shaped my life forever. During the years that I spent at Fay, I became a more confident student, person and  More

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Over 7 years ago

Fay School has provided a rigorous and supportive environment. In addition to the academic challenge, students are encouraged to participate in extra-curricular  More

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