Cost of Living in Medfield
The biggest cost-of-living factor in Medfield, Massachusetts is housing. The median home is priced around $1.2M, or about $404 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $6,226, plus roughly $1,380 per month in property taxes. Rates and down payment change this figure significantly.
Medfield's FY2025 residential property tax rate is $13.80 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Medfield.