salaryRent is higher than in 85% of U.S. cities. Household incomes are higher than in 86% of U.S. cities. A typical house costs about 4.8 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $98,480 a year. That is $47 an hour at a full-time job.
Is rent cheaper than other Massachusetts cities?
No. Rent here is more expensive than in most of Massachusetts. It is number 72 of 123 cities from cheapest to most expensive.
How much do households earn in Dedham?
Share of households by yearly income. 52.1% of households earn $100,000 or more.
Rent by apartment size in Dedham
| Size | Dedham | U.S. average |
|---|---|---|
| Studio | $1,941 | $1,338 |
| 1 bedroom | $2,025 | $1,324 |
| 2 bedrooms | $2,843 | $1,509 |
| 3 bedrooms | $2,370 | $1,698 |
| 4 bedrooms | $1,655 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Dedham overall?
Everyday prices in Massachusetts overall are 6% above the U.S. average (index 105.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Dedham, so the Massachusetts figure is shown.
Taxes and bills in Dedham
Life in Dedham
Is it cheaper to rent or buy in Dedham?
Renting is cheaper right now: about $2,130 a month less.
Owning assumes a typical $661,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $66,180 for the down payment.
Frequently asked questions
What is the average rent in Dedham, MA?
Renting in Dedham costs a median of about $2,462 a month in 2026, including utilities. The Massachusetts median is $2,331.
How much do I need to make to live in Dedham?
To keep rent under 30% of income, you need about $98,480 a year, or $47 an hour at a full-time job.
Is Dedham cheap or expensive?
Dedham is rated OK: rent takes 21.2% of the typical household income of $139,078. It ranks 72nd cheapest of 123 Massachusetts cities we track.
How much are property taxes in Dedham?
The median homeowner in Dedham pays $7,918 a year in property taxes, about 1.20% of the median home value.
Is Dedham more expensive than the national average?
Overall prices in Massachusetts are 6% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Dedham?
The median home value in Dedham is $661,800, about 4.8 times the typical yearly household income.
25,237 people live in Dedham. Numbers are typical (middle) values.