Cost of Living in Canton
The biggest cost-of-living factor in Canton, Massachusetts is housing. The median home is priced around $700K, or about $442 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $3,632, plus roughly $577 per month in property taxes. Rates and down payment change this figure significantly.
Canton's FY2025 residential property tax rate is $9.89 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Canton.