Cost of Living in Norfolk County, Massachusetts

$2,072/mo
Median Monthly Rent
$649,400
Median Home Value

At a Glance

Median Monthly Rent
$2,072/mo
33% above state average
Median Home Value
$649,400
130% above national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Norfolk County Compares

Median monthly rent comparison

Norfolk County$2,072/mo
Massachusetts Average$1,558/mo
National Median$1,163/mo

Detailed Housing Stats

$2,072/mo
Median Gross Rent
$649,400
Median Home Value
$2,524/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Norfolk County ranks #1,492 of 3,144 counties for affordability (top 47%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Norfolk County, Massachusetts

Norfolk: Most balanced housing affordability

Norfolk County's rent-to-income ratio of 19.7% ranks as one of Massachusetts's most balanced, nearly matching the national average of 19.3% despite a median household income of $126,497. This county consistently delivers strong wage growth relative to housing costs, making it one of the state's affordability leaders.

Second-best affordability in Massachusetts

Norfolk ranks second only to Plymouth County among Massachusetts counties for rent-to-income balance, with a 19.7% ratio slightly above the state average of 19.3%. The county's median rent of $2,072 reflects suburban proximity to Boston, yet its high median income keeps the burden reasonable.

Balanced middle ground in greater Boston

Norfolk's $2,072 median rent sits between Middlesex's $2,126 and Plymouth's $1,655, while its $649,400 median home value aligns closely with Middlesex at $687,200. Among greater Boston suburbs, Norfolk offers the sweet spot of modest pricing with robust incomes.

Renters and buyers share similar burdens

Renters pay $2,072 monthly while homeowners spend $2,524, representing 19.7% and 20.1% of the $126,497 median income respectively. Norfolk's unusual harmony—where rents and mortgages impose nearly equal proportional burdens—reflects a mature suburban market with balanced supply.

The Goldilocks county for Boston commuters

Norfolk offers affluent suburban living with the most predictable housing costs in Massachusetts—ideal if you earn $120,000+ and want Boston access without premium pricing. If you're comparing moves across Massachusetts, Norfolk delivers better affordability than Middlesex with more amenities than Plymouth.

Cost of Living Advisory: Norfolk County

Affordability Verdict

Norfolk County offers affordable rental housing at a median of $2,072/month — about 19.7% of the typical household income here.

Rent vs. Own

At $2,072/month rent versus $2,524/month in owner costs, renting is roughly $452/month cheaper — a 18% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $82,880/year. For owner costs at the 28% rule, the required income is roughly $108,171/year. With a median household income of $126,497, most households can comfortably afford rent here. Notably, 30.0% of renter households in Norfolk County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Massachusetts, Norfolk County is less affordable than Middlesex County by roughly 3% ($2,072/mo vs $2,126/mo).

Affordability Calculator

See how your income compares to housing costs in Norfolk County

$

Rent Burden

19.7%

of gross income

Max Housing (28% Rule)

$2,952

per month

Owner Cost Burden

23.9%

of gross income

The median home in Norfolk County may be a stretch

Median home value is $649,400. Estimated monthly cost: $5,184 vs. your max of $2,952.

Rent Affordability Guide

Your rent-to-income ratio19.7%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $126,497Needed: $82,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $126,497Needed: $108,171
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $126,497Needed: $151,133

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Norfolk County, Massachusetts?
Norfolk County, Massachusetts has a median monthly rent of $2,072/mo and a median home value of $649,400. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Norfolk County?
The median gross rent in Norfolk County is $2,072/mo. This is 33% above state average for Massachusetts.
Is Norfolk County affordable?
Norfolk County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Norfolk County's rent compare to the state average?
Norfolk County's median rent of $2,072/mo is 33% above state average of $1,558/mo for Massachusetts.
What is the median home value in Norfolk County?
The median home value in Norfolk County, Massachusetts is $649,400. This is 130% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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