States › Massachusetts › Greenfield

Is Greenfield, MA expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,09338% lower than U.S. average
💵 Families earn per year (2026)$59,980about $4,998/month · 31% lower than U.S. average
🔑 House price$263,10021% lower than U.S. average

Rent is lower than in 82% of U.S. cities. A typical house costs about 4.4 years of household income. Commutes are short, about 17.4 minutes.

How much money do I need?

To rent here comfortably, you should earn about $43,720 a year. That is $21 an hour at a full-time job.

Is rent cheaper than other Massachusetts cities?

Yes. Rent here is cheaper than in most of Massachusetts. It is number 4 of 123 cities from cheapest to most expensive.

Greenfield
$1,093
Southbridge Town
$1,543
Amesbury
$1,480
Abington
$2,327
Somerset
$1,402
Newburyport
$2,213
Winthrop Town
$2,514

How much do households earn in Greenfield?

Under $25k
20.8%
$25k–50k
24.3%
$50k–100k
32.2%
$100k–150k
11.6%
$150k+
5.0%

Share of households by yearly income. 16.5% of households earn $100,000 or more.

Rent by apartment size in Greenfield

SizeGreenfieldU.S. average
Studio$1,004$1,338
1 bedroom$1,101$1,324
2 bedrooms$1,436$1,509
3 bedrooms$1,299$1,698
4 bedrooms$1,876$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Greenfield overall?

Everyday prices in Massachusetts overall are 6% above the U.S. average (index 105.8, U.S. = 100).

Housing
128
Goods (food, clothes…)
99
Utilities
152
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Greenfield, so the Massachusetts figure is shown.

Taxes and bills in Greenfield

🏛️ Property tax$4,769a year · 1.81% of home value · U.S. $3,119
⚡ Electric bill$131a month (typical) · U.S. $156

Life in Greenfield

Commute to work17.4 minU.S.: 26.4 min
College degree39.1%U.S.: 35.7%
Own their home55.7%U.S.: 65.2%
Below poverty line15.2%U.S.: 12.5%
Unemployment6.3%U.S.: 5.2%

Is it cheaper to rent or buy in Greenfield?

Renting is cheaper right now: about $733 a month less.

Renting
$1,093
Owning
$1,826

Owning assumes a typical $263,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $26,310 for the down payment.

Frequently asked questions

What is the average rent in Greenfield, MA?

Renting in Greenfield costs a median of about $1,093 a month in 2026, including utilities. The Massachusetts median is $2,331.

How much do I need to make to live in Greenfield?

To keep rent under 30% of income, you need about $43,720 a year, or $21 an hour at a full-time job.

Is Greenfield cheap or expensive?

Greenfield is rated OK: rent takes 21.9% of the typical household income of $59,980. It ranks 4th cheapest of 123 Massachusetts cities we track.

How much are property taxes in Greenfield?

The median homeowner in Greenfield pays $4,769 a year in property taxes, about 1.81% of the median home value.

Is Greenfield 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 Greenfield?

The median home value in Greenfield is $263,100, about 4.4 times the typical yearly household income.

17,664 people live in Greenfield. Numbers are typical (middle) values.