Cost of Living in Truro
The biggest cost-of-living factor in Truro, Massachusetts is housing. The median home is priced around $1.17M, or about $895 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $6,084, plus roughly $604 per month in property taxes. Rates and down payment change this figure significantly.
Truro's FY2025 residential property tax rate is $6.18 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Truro.