Cost of living
Winchester, Massachusetts
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Winchester, MA is #53 on the list Top 100 Most Educated Cities in America in 2023, #19 on the list Top 100 Most Educated Cities in America in 2022
Cost of living in Winchester, Massachusetts
Cost of living compared to USAthe highest
Cost of living compared to Massachusettsthe highest
Median household incomethe highest
Is it expensive to live in Winchester, Massachusetts? When calculating the cost of living in Winchester, Massachusetts we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Winchester, Massachusetts is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Massachusetts, while median household income in Winchester is $173,058 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Massachusetts.
Taxes in Winchester, Massachusetts
The sales tax rate in Winchester, Massachusetts is 6.2%. Last year, the average property taxes paid was 1.2% Winchester, Massachusetts.
The state income tax in the state of Massachusetts is 5.00%.
Housing costs in Winchester, Massachusetts
The average cost of a single-family home compared to USAthe highest
The average cost of a single-family home compared to Massachusettsthe highest
In Winchester, Massachusetts, 84.0% of the population owns their homes, while approximately 16.0% rent. The average cost of a single-family home in Winchester, Massachusetts in 2022 is $1,1219,593 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Massachusetts. The average one-bedroom apartment cost is approximately $2,510 per month.
| Rental Size | Monthly Cost | Compared to Massachusetts |
|---|---|---|
| 1 Bedroom | $2,510 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $3,010 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $3,660 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $4,040 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
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