States › Massachusetts › Medfield

Is Medfield, MA expensive to live in?

CheapRent takes 11 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,22227% higher than U.S. average
💵 Families earn per year (2026)$236,133about $19,678/month · 171% higher than U.S. average
🔑 House price$815,300145% higher than U.S. average

Rent is higher than in 77% of U.S. cities. Household incomes are higher than in 99% of U.S. cities. A typical house costs about 3.5 years of household income. Commutes are long, about 31.5 minutes each way. Most homes (83.1%) are owned, so rentals can be hard to find. It is a highly educated city: 72.9% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $88,880 a year. That is $43 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 56 of 123 cities from cheapest to most expensive.

Medfield
$2,222
$2,147
$3,500+
$3,522

How much do households earn in Medfield?

Under $25k
4.6%
$25k–50k
6.2%
$50k–100k
18.5%
$100k–150k
14.0%
$150k+
54.1%

Share of households by yearly income. 68.1% of households earn $100,000 or more.

Rent by apartment size in Medfield

SizeMedfieldU.S. average
2 bedrooms$2,293$1,509
3 bedrooms$2,468$1,698

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

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

Taxes and bills in Medfield

🏛️ Property tax$10,000+a year · 1.23% of home value · U.S. $3,119
⚡ Electric bill$202a month (typical) · U.S. $156

Life in Medfield

Commute to work31.5 minU.S.: 26.4 min
College degree72.9%U.S.: 35.7%
Own their home83.1%U.S.: 65.2%
Below poverty line3%U.S.: 12.5%
Unemployment5%U.S.: 5.2%

Is it cheaper to rent or buy in Medfield?

Renting is cheaper right now: about $3,435 a month less.

Renting
$2,222
Owning
$5,657

Owning assumes a typical $815,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $81,530 for the down payment.

Frequently asked questions

What is the average rent in Medfield, MA?

Renting in Medfield costs a median of about $2,222 a month in 2026, including utilities. The Massachusetts median is $2,331.

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

To keep rent under 30% of income, you need about $88,880 a year, or $43 an hour at a full-time job.

Is Medfield cheap or expensive?

Medfield is rated Cheap: rent takes 11.3% of the typical household income of $236,133. It ranks 56th cheapest of 123 Massachusetts cities we track.

How much are property taxes in Medfield?

The median homeowner in Medfield pays $10,000+ a year in property taxes, about 1.23% of the median home value.

Is Medfield 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 Medfield?

The median home value in Medfield is $815,300, about 3.5 times the typical yearly household income.

6,849 people live in Medfield. Numbers are typical (middle) values.