Cost of Living in Revere
Revere's cost profile pairs a real, substantial average home value with a property tax rate genuinely below the Massachusetts statewide average, plus a real transportation-cost advantage from direct Blue Line access.
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Learn moreA real, substantial average home value
The average Revere home value is $625,231 as of July 31, 2026 (Zillow), up 0.8% year-over-year -- a real, substantial cost above the national median, though genuinely below several Greater Boston Tier A markets. Redfin's separate median sale price figure ran closer to $525,000 as of April 2026.
A property tax rate below the Massachusetts average
Revere's effective property tax rate is cited at 0.95% -- below the Massachusetts statewide average effective rate of 1.00% (Tax Foundation, per massachusetts.js), a real, modest cost advantage relative to many of this state's other markets.
Statewide taxes apply the same way here as anywhere in Massachusetts
Massachusetts's uniform 6.25% statewide sales tax (no local add-on) and flat 5% state income tax rate (plus a 4% surtax above $1,107,750 of taxable income) apply identically in Revere -- see massachusetts.js for the full statewide disclosure.
A real transportation-cost advantage from direct transit access
Revere's three MBTA Blue Line stations offer a real, practical alternative to car ownership and Boston-area parking costs for residents commuting into the city -- a genuine cost-of-living offset against the area's substantial housing costs.
Key takeaways
- Average home value is $625,231 (Zillow, July 2026) -- substantial, but genuinely below several Greater Boston Tier A markets.
- Revere's 0.95% effective property tax rate runs below the Massachusetts statewide 1.00% average.
- Massachusetts's statewide 6.25% sales tax and flat 5% income tax (plus the 4% millionaires surtax) apply identically here.
- Direct Blue Line access offers a real, practical cost offset against car ownership for Boston commuters.
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