States › Massachusetts › Sharon

Is Sharon, MA expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,84262% higher than U.S. average
💵 Families earn per year (2026)$198,237about $16,520/month · 128% higher than U.S. average
🔑 House price$677,900104% higher than U.S. average

Rent 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 3.4 years of household income. Commutes are long, about 35.6 minutes each way. Most homes (85.7%) are owned, so rentals can be hard to find. It is a highly educated city: 81.3% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $113,680 a year. That is $55 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 98 of 123 cities from cheapest to most expensive.

Sharon
$2,842
$1,146
$3,522

How much do households earn in Sharon?

Under $25k
1.3%
$25k–50k
4.4%
$50k–100k
24.0%
$100k–150k
25.5%
$150k+
43.7%

Share of households by yearly income. 69.2% of households earn $100,000 or more.

Rent by apartment size in Sharon

SizeSharonU.S. average
1 bedroom$2,345$1,324
2 bedrooms$2,884$1,509

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

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

Taxes and bills in Sharon

🏛️ Property tax$10,000+a year · 1.48% of home value · U.S. $3,119
⚡ Electric bill$204a month (typical) · U.S. $156

Life in Sharon

Commute to work35.6 minU.S.: 26.4 min
College degree81.3%U.S.: 35.7%
Own their home85.7%U.S.: 65.2%
Below poverty line2.6%U.S.: 12.5%
Unemployment4.2%U.S.: 5.2%

Is it cheaper to rent or buy in Sharon?

Renting is cheaper right now: about $1,862 a month less.

Renting
$2,842
Owning
$4,704

Owning assumes a typical $677,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $67,790 for the down payment.

Frequently asked questions

What is the average rent in Sharon, MA?

Renting in Sharon costs a median of about $2,842 a month in 2026, including utilities. The Massachusetts median is $2,331.

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

To keep rent under 30% of income, you need about $113,680 a year, or $55 an hour at a full-time job.

Is Sharon cheap or expensive?

Sharon is rated Cheap: rent takes 17.2% of the typical household income of $198,237. It ranks 98th cheapest of 123 Massachusetts cities we track.

How much are property taxes in Sharon?

The median homeowner in Sharon pays $10,000+ a year in property taxes, about 1.48% of the median home value.

Is Sharon 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 Sharon?

The median home value in Sharon is $677,900, about 3.4 times the typical yearly household income.

6,232 people live in Sharon. Numbers are typical (middle) values.