Cost of living in Medford, Massachusetts

Medford, Massachusetts has about 59,354 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $755,500.

HUD's fair-market rent for a 2-bedroom in this town's area (Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area) is $3,008 a month. That rate runs from October 2026 through September 2027.

In the Boston-Cambridge-Newton, MA-NH metro area, prices sit at 108.3 when the U.S. average is 100. That is a 2024 BEA index.

Massachusetts taxes wages. A typical combined sales tax is 6.3% as of January 1, 2026. That mix is statewide, not Medford's exact store tax.

In July 2026, a typical Massachusetts home paid 30.49¢ per kilowatt-hour. That is a state average from EIA, not Medford's bill.

For the week of October 12, 2026, EIA's all-grades gasoline price in Massachusetts was $4.439 a gallon. At 12,000 miles a year and 25 mpg, the index counts that as $2,130.72 a year. Those miles are our standard, not a Census figure, and every town in Massachusetts shares this price.

Among 203 places we list in Massachusetts with a rent figure, 14 have higher typical rent than Medford.