salaryRent is lower than in 73% of U.S. cities. A typical house costs about 3.2 years of household income. Commutes are long, about 31.3 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $49,400 a year. That is $24 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 9 of 123 cities from cheapest to most expensive.
How much do households earn in Palmer Town?
Share of households by yearly income. 25.1% of households earn $100,000 or more.
Rent by apartment size in Palmer Town
| Size | Palmer Town | U.S. average |
|---|---|---|
| 1 bedroom | $932 | $1,324 |
| 2 bedrooms | $1,341 | $1,509 |
| 3 bedrooms | $1,684 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Palmer Town 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 Palmer Town, so the Massachusetts figure is shown.
Taxes and bills in Palmer Town
Life in Palmer Town
Is it cheaper to rent or buy in Palmer Town?
Renting is cheaper right now: about $648 a month less.
Owning assumes a typical $271,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,140 for the down payment.
Frequently asked questions
What is the average rent in Palmer Town, MA?
Renting in Palmer Town costs a median of about $1,235 a month in 2026, including utilities. The Massachusetts median is $2,331.
How much do I need to make to live in Palmer Town?
To keep rent under 30% of income, you need about $49,400 a year, or $24 an hour at a full-time job.
Is Palmer Town cheap or expensive?
Palmer Town is rated Cheap: rent takes 17.5% of the typical household income of $84,641. It ranks 9th cheapest of 123 Massachusetts cities we track.
How much are property taxes in Palmer Town?
The median homeowner in Palmer Town pays $4,540 a year in property taxes, about 1.67% of the median home value.
Is Palmer Town 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 Palmer Town?
The median home value in Palmer Town is $271,400, about 3.2 times the typical yearly household income.
12,381 people live in Palmer Town. Numbers are typical (middle) values.