salaryRent is higher than in 90% of U.S. cities. A typical house costs about 5.6 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $108,520 a year. That is $52 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 90 of 123 cities from cheapest to most expensive.
How much do households earn in Woburn?
Share of households by yearly income. 45.4% of households earn $100,000 or more.
Rent by apartment size in Woburn
| Size | Woburn | U.S. average |
|---|---|---|
| Studio | $2,351 | $1,338 |
| 1 bedroom | $2,153 | $1,324 |
| 2 bedrooms | $2,638 | $1,509 |
| 3 bedrooms | $2,538 | $1,698 |
| 4 bedrooms | $3,385 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Woburn 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 Woburn, so the Massachusetts figure is shown.
Taxes and bills in Woburn
Life in Woburn
Is it cheaper to rent or buy in Woburn?
Renting is cheaper right now: about $1,960 a month less.
Owning assumes a typical $673,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $67,350 for the down payment.
Frequently asked questions
What is the average rent in Woburn, MA?
Renting in Woburn costs a median of about $2,713 a month in 2026, including utilities. The Massachusetts median is $2,331.
How much do I need to make to live in Woburn?
To keep rent under 30% of income, you need about $108,520 a year, or $52 an hour at a full-time job.
Is Woburn cheap or expensive?
Woburn is rated OK: rent takes 27.1% of the typical household income of $119,913. It ranks 90th cheapest of 123 Massachusetts cities we track.
How much are property taxes in Woburn?
The median homeowner in Woburn pays $5,354 a year in property taxes, about 0.79% of the median home value.
Is Woburn 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 Woburn?
The median home value in Woburn is $673,500, about 5.6 times the typical yearly household income.
41,939 people live in Woburn. Numbers are typical (middle) values.