Cost of Living in Framingham
Framingham's cost of living runs genuinely more affordable than Newton's or Somerville's on housing, offset partly by an elevated property tax rate.
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Learn moreGenuinely more affordable housing
Framingham's median sale price ran approximately $675,000 -- genuinely below Newton's and Somerville's medians, though still above the national figure.
An elevated property tax rate offsets some of the savings
Framingham's effective property tax rate (1.19%) runs above both the national median (~1.02%) and Massachusetts's own statewide median (~1.15%), producing a median annual bill of approximately $6,933.
Massachusetts's statewide tax structure applies
Massachusetts's real flat 5% state income tax (with an additional 4% surtax above $1,107,750 of taxable income) and 6.25% sales tax apply in Framingham exactly as documented statewide.
Key takeaways
- Framingham's housing runs genuinely more affordable than Newton's or Somerville's.
- Framingham's effective property tax rate (1.19%) runs above both the national and MA statewide averages.
- Massachusetts's statewide 5% income tax and 6.25% sales tax apply as documented statewide.
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