Cost of Living in Burlington
The biggest cost-of-living factor in Burlington, Massachusetts is housing. The median home is priced around $924K, or about $415 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $4,797, plus roughly $667 per month in property taxes. Rates and down payment change this figure significantly.
Burlington's FY2025 residential property tax rate is $8.66 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Burlington.