salaryRent here is among the highest 10% in the country. Household incomes are higher than in 97% of U.S. cities. A typical house costs about 4.6 years of household income. Commutes are long, about 31.3 minutes each way. Most homes (85.2%) are owned, so rentals can be hard to find. It is a highly educated city: 71.9% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $140,040 a year. That is $67 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 117 of 123 cities from cheapest to most expensive.
How much do households earn in Milton?
Share of households by yearly income. 66.4% of households earn $100,000 or more.
Rent by apartment size in Milton
| Size | Milton | U.S. average |
|---|---|---|
| Studio | $1,469 | $1,338 |
| 1 bedroom | $1,303 | $1,324 |
| 2 bedrooms | $1,688 | $1,509 |
| 4 bedrooms | $1,973 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Milton 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 Milton, so the Massachusetts figure is shown.
Taxes and bills in Milton
Life in Milton
Is it cheaper to rent or buy in Milton?
Renting is cheaper right now: about $2,974 a month less.
Owning assumes a typical $933,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $93,320 for the down payment.
Frequently asked questions
What is the average rent in Milton, MA?
Renting in Milton costs a median of about $3,500+ a month in 2026, including utilities. The Massachusetts median is $2,331.
How much do I need to make to live in Milton?
To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.
Is Milton cheap or expensive?
Milton is rated OK: rent takes 20.7% of the typical household income of $203,329. It ranks 117th cheapest of 123 Massachusetts cities we track.
How much are property taxes in Milton?
The median homeowner in Milton pays $9,677 a year in property taxes, about 1.04% of the median home value.
Is Milton 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 Milton?
The median home value in Milton is $933,200, about 4.6 times the typical yearly household income.
28,587 people live in Milton. Numbers are typical (middle) values.