Cost of Living in Sherborn
The biggest cost-of-living factor in Sherborn, Massachusetts is housing. The median home is priced around $1.48M, or about $444 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $7,674, plus roughly $2,043 per month in property taxes. Rates and down payment change this figure significantly.
Sherborn's FY2025 residential property tax rate is $16.58 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Sherborn.