Cost of Living in Marion
The biggest cost-of-living factor in Marion, Massachusetts is housing. The median home is priced around $1.01M, or about $486 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $5,264, plus roughly $788 per month in property taxes. Rates and down payment change this figure significantly.
Marion's FY2025 residential property tax rate is $9.32 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Marion.