Westfield, MA

Below Avg · 85

Massachusetts · Population 40,673 · Updated March 2026

$1,064
Median Rent / Month
$82,847
Median Income
$295,500
Median Home Value
$1,271
Owner Costs / Month

Affordability

How far your income goes in Westfield

15.4%
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

$12,768
Annual Rent
$7,456
State Income Tax
$3,398
Property Tax (est.)

Cost of Living Overview

Westfield offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 85 (where 100 equals the national median), Westfield residents can expect to pay median rent of $1,064/month while earning a median household income of $82,847/year.

The median home value in Westfield, MA is $295,500, with typical monthly owner costs around $1,271 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.4% 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 Westfield.

Frequently Asked Questions

Common questions about living costs in Westfield

What is the cost of living in Westfield, MA?
The cost of living index in Westfield, MA is 85 (US average = 100). Median monthly rent is $1,064, median household income is $82,847/year, and the median home value is $295,500.
Is Westfield, MA affordable?
Yes, Westfield is more affordable than the national average with a cost index of 85. The rent-to-income ratio is 15.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Westfield, MA?
The median gross rent in Westfield, MA is $1,064 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,768.
What is the median household income in Westfield?
The median household income in Westfield, MA is $82,847 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%.