Cost Of Living in Hopedale, MA

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F

28%

Overall NAT. AVG.

9%

Groceries NAT. AVG.

62%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Hopedale	Massachusetts	National
Cost of living	128	131	100
Groceries	109	109	100
Health care	115	116	100
Housing	162	169	100
Transportation	114	115	100
Utilities	118	117	100
Lifestyle & Entertainment	111	115	100
Household Items	108	109	100
Education & Childcare	121	127	100

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Homes For Sale In Hopedale, MA

2 Northrop St

Hopedale, MA

Lot 1 Adin ST

Franklin, MA

Lot 5 Adin ST

Franklin, MA

Cost Of Living Quick Facts

The cost of living in Hopedale is 2% lower than the Massachusetts average
The cost of living in Hopedale is 28% higher than the national average
Hopedale housing is 62% higher than the national average
Massachusetts general sales tax is 22% higher than the national average
Massachusetts state income tax is 93% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$172,941	$14,412	$4,035	$5,189
Renters	$0	$0	$0	$0

To approximate the cost of living and the housing affordability in Hopedale, MA, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Hopedale have a median income of $172,941. Therefore, the amount that a consumer should spend on housing costs should be no more than $4,035 per month to avoid calamity and poverty. The renters in the city have an income of about $0, which would make their monthly maximum allowable rental costs $0.

Massachusetts Sales Tax

State	General Sales Tax	With Max Surtax
Massachusetts	6.25%	6.25%

Massachusetts Income Tax

State	Income Tax (Low)	Income Tax (High)
Massachusetts	5%	9%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Woonsocket, RI	42,718	105	4.7%
Pascoag, RI	5,074	109	9.1%
Harrisville, RI	1,316	112	11.6%
Worcester, MA	189,035	120	20.3%
Valley Falls, RI	11,907	113	13.5%
Hopedale, MA	3,750	128	27.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Rollingwood, CA	3,750	149	49.3%
Port Vue, PA	3,750	85	14.8%
Manti, UT	3,749	99	0.7%
Lake of the Woods, AZ	3,748	98	2.3%
Chandler, IN	3,752	86	13.7%
Hopedale, MA	3,750	128	27.8%