Cost of Living in Wenham
The biggest cost-of-living factor in Wenham, Massachusetts is housing. The median home is priced around $1.58M, or about $391 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $8,172, plus roughly $2,040 per month in property taxes. Rates and down payment change this figure significantly.
Wenham's FY2025 residential property tax rate is $15.54 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Wenham.