Sherborn, MA Cost of Living


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Sherborn cost of living score
144.7
More expensive
44.7% higher
than the US average
13.5% higher
than the Massachusetts average
Sherborn, Massachusetts gets a BestPlaces Cost of Living score of 144.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 44.7% higher than the U.S. average and 13.5% lower than the average for Massachusetts.

Sherborn, MA

Housing costs in Sherborn?
A typical home costs $999,100, which is 195.5% more expensive than the national average of $338,100 and 79.3% more expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Sherborn costs $2,190 per month, which is 53.1% more than the national average of $1,430 and 2.3% more than the state average of $2,140.

Can I afford Sherborn?
To live comfortably in Sherborn, Massachusetts, a minimum annual income of $191,520 for a family, and $72,400 for a single person is recommended.

What does A.I. say about Sherborn?
Sherborn, MA is known for its high cost of living. The median home value in the town is around $1 million, which is significantly higher than the national median of approximately $200,000. Additionally, the median household income in Sherborn is around $143,000 per year, making it one of the highest-earning towns in Massachusetts. Along with high housing costs and salaries come other factors like grocery store prices and utility bills that make up a significant portion of everyday expenses for Sherborn residents. While the cost of living can be expensive in this area, there are many who are willing to pay for the quality of life that this affluent community offers.
   Cost of living score
     CategoriesSherbornMassachusettsUnited States
  144.7127.5100.0
  115.4108.9100
  89.090.2100.0
  326.1175.0100.0
  $999,100$557,300$338,100
  118.7%112.9%100.0%
  110.0107.9100.0
  176.8147.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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