Quincy, MA

Very High · 159

Massachusetts · Population 101,361 · Updated March 2026

$1,998
Median Rent / Month
$95,711
Median Income
$598,100
Median Home Value
$2,036
Owner Costs / Month

Affordability

How far your income goes in Quincy

25.1%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$23,976
Annual Rent
$8,614
State Income Tax
$6,878
Property Tax (est.)

Cost of Living Overview

Quincy has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 159 (where 100 equals the national median), Quincy residents can expect to pay median rent of $1,998/month while earning a median household income of $95,711/year.

The median home value in Quincy, MA is $598,100, with typical monthly owner costs around $2,036 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.1%, Quincy falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Quincy.

Frequently Asked Questions

Common questions about living costs in Quincy

What is the cost of living in Quincy, MA?
The cost of living index in Quincy, MA is 159 (US average = 100). Median monthly rent is $1,998, median household income is $95,711/year, and the median home value is $598,100.
Is Quincy, MA affordable?
No, Quincy is more expensive than the national average with a cost index of 159. The rent-to-income ratio is 25.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Quincy, MA?
The median gross rent in Quincy, MA is $1,998 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $23,976.
What is the median household income in Quincy?
The median household income in Quincy, MA is $95,711 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%.