Zip 01748 (Hopkinton, MA) Cost of Living


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How much do I need to live in Hopkinton, Massachusetts?
$12,690 / month
for a family, 135.0% more expensive than the national average A total of $152,280 for the year for a family.
$7,500 / month
for a single person, 57.3% more expensive than the national average A total of $90,000 for the year for a single person.

Hopkinton cost of living score
144.7
More expensive
44.7% higher
than the US average
13.5% higher
than the Massachusetts average
Hopkinton (zip 01748), 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 01748 (Hopkinton, MA)

Housing costs in Hopkinton?
A typical home costs $794,200, which is 134.9% more expensive than the national average of $338,100 and 42.5% more expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Hopkinton costs $2,740 per month, which is 91.6% more than the national average of $1,430 and 21.9% more than the state average of $2,140.

Can I afford Hopkinton?
To live comfortably in Hopkinton (zip 01748), Massachusetts, a minimum annual income of $152,280 for a family, and $90,000 for a single person is recommended.

What does A.I. say about Hopkinton?
The cost of living in 01748 Hopkinton, MA is relatively high, due to its close proximity to Boston. The median home price is $614,900, which is significantly higher than the average US home price of $197,000. Rent prices are also on the rise - the average rent for a one-bedroom apartment in Hopkinton is $1,700 per month. Groceries and other necessities are slightly more expensive than in other areas of Massachusetts - the overall cost of living in 01748 Hopkinton is approximately 10% greater than the US average.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHopkintonMassachusettsUnited States
    Unlock127.5100.0
  111.9  Unlock100.0
    Unlock90.2100.0
  250.1  Unlock100.0
    Unlock$557,300$338,100
  115.3  Unlock100.0
    Unlock107.9100.0
  175.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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