States › Massachusetts › Leominster

Is Leominster, MA expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,98913% higher than U.S. average
💵 Families earn per year (2026)$90,396about $7,533/month · 4% higher than U.S. average
🔑 House price$380,40014% higher than U.S. average

Rent is higher than in 68% of U.S. cities. A typical house costs about 4.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $79,560 a year. That is $38 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 48 of 123 cities from cheapest to most expensive.

Leominster
$1,989
Pittsfield
$1,591
Salem
$2,459
Beverly
$2,657
Woburn
$2,713
Fitchburg
$2,166
Marlborough
$2,552

How much do households earn in Leominster?

Under $25k
12.3%
$25k–50k
21.5%
$50k–100k
31.2%
$100k–150k
17.9%
$150k+
14.0%

Share of households by yearly income. 31.9% of households earn $100,000 or more.

Rent by apartment size in Leominster

SizeLeominsterU.S. average
Studio$951$1,338
1 bedroom$1,316$1,324
2 bedrooms$1,569$1,509
3 bedrooms$1,648$1,698
4 bedrooms$2,049$2,098

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

How expensive is Leominster 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 Leominster, so the Massachusetts figure is shown.

Taxes and bills in Leominster

🏛️ Property tax$5,256a year · 1.38% of home value · U.S. $3,119
⚡ Electric bill$170a month (typical) · U.S. $156

Life in Leominster

Commute to work26.1 minU.S.: 26.4 min
College degree33.5%U.S.: 35.7%
Own their home62.3%U.S.: 65.2%
Below poverty line9.2%U.S.: 12.5%
Unemployment6.2%U.S.: 5.2%

Is it cheaper to rent or buy in Leominster?

Renting is cheaper right now: about $650 a month less.

Renting
$1,989
Owning
$2,639

Owning assumes a typical $380,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,040 for the down payment.

Frequently asked questions

What is the average rent in Leominster, MA?

Renting in Leominster costs a median of about $1,989 a month in 2026, including utilities. The Massachusetts median is $2,331.

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

To keep rent under 30% of income, you need about $79,560 a year, or $38 an hour at a full-time job.

Is Leominster cheap or expensive?

Leominster is rated OK: rent takes 26.4% of the typical household income of $90,396. It ranks 48th cheapest of 123 Massachusetts cities we track.

How much are property taxes in Leominster?

The median homeowner in Leominster pays $5,256 a year in property taxes, about 1.38% of the median home value.

Is Leominster 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 Leominster?

The median home value in Leominster is $380,400, about 4.2 times the typical yearly household income.

43,909 people live in Leominster. Numbers are typical (middle) values.