Zip 01702 (Framingham, MA) Cost of Living


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How much do I need to live in Framingham, Massachusetts?
$7,170 / month
for a family, 32.8% more expensive than the national average A total of $86,040 for the year for a family.
$6,533 / month
for a single person, 37.0% more expensive than the national average A total of $78,400 for the year for a single person.

Framingham cost of living score
144.7
More expensive
44.7% higher
than the US average
13.5% higher
than the Massachusetts average
Framingham (zip 01702), 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.

Zip 01702 (Framingham, MA)

Housing costs in Framingham?
A typical home costs $449,100, which is 32.8% more expensive than the national average of $338,100 and 19.4% less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Framingham costs $2,370 per month, which is 65.7% more than the national average of $1,430 and 9.7% more than the state average of $2,140.

Can I afford Framingham?
To live comfortably in Framingham (zip 01702), Massachusetts, a minimum annual income of $86,040 for a family, and $78,400 for a single person is recommended.

What does A.I. say about Framingham?
Framingham, MA 01702 is an expensive place to live. The cost of living in Framingham is well above the national average. Housing costs are particularly high, with the median home price coming in at $427,600. Renters can expect to pay anywhere from $1,400 for a one bedroom apartment to upwards of $2,200 for a three bedroom rental. Commuters will find that gas prices and public transportation fares are also higher than the national average. Those looking for groceries will find that food costs in Framingham are generally about 5% higher than the rest of the country. All in all, living in Framingham is definitely more costly than many other parts of Massachusetts and America as a whole.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFraminghamMassachusettsUnited States
    Unlock127.5100.0
  107.3  Unlock100.0
    Unlock90.2100.0
  150.2  Unlock100.0
    Unlock$557,300$338,100
  118.7  Unlock100.0
    Unlock107.9100.0
  175.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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