Brookline, MA

Very High · 266

Massachusetts · Population 62,822 · Updated March 2026

$2,804
Median Rent / Month
$140,631
Median Income
$1,233,100
Median Home Value
$2,878
Owner Costs / Month

Affordability

How far your income goes in Brookline

23.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Massachusetts

State-level tax rates that affect your costs

9.0%
Income Tax (Top Rate)
6.25%
Sales Tax
1.15%
Property Tax Rate

Estimated Annual Costs

$33,648
Annual Rent
$12,657
State Income Tax
$14,181
Property Tax (est.)

Cost of Living Overview

Brookline has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 266 (where 100 equals the national median), Brookline residents can expect to pay median rent of $2,804/month while earning a median household income of $140,631/year.

The median home value in Brookline, MA is $1,233,100, with typical monthly owner costs around $2,878 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Massachusetts's top income tax rate of 9.0% is among the highest in the nation, adding to the overall cost burden. Combined with a 6.25% sales tax rate and 1.15% effective property tax rate, the overall tax environment is a factor in the total cost of living in Brookline.

Frequently Asked Questions

Common questions about living costs in Brookline

What is the cost of living in Brookline, MA?
The cost of living index in Brookline, MA is 266 (US average = 100). Median monthly rent is $2,804, median household income is $140,631/year, and the median home value is $1,233,100.
Is Brookline, MA affordable?
No, Brookline is more expensive than the national average with a cost index of 266. The rent-to-income ratio is 23.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Brookline, MA?
The median gross rent in Brookline, MA is $2,804 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $33,648.
What is the median household income in Brookline?
The median household income in Brookline, MA is $140,631 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Massachusetts?
Massachusetts has a top income tax rate of 9.0%, a sales tax of 6.25%, and an effective property tax rate of 1.15%.