Cost of Living in Brookline
The biggest cost-of-living factor in Brookline, Massachusetts is housing. The median home is priced around $1.95M, or about $910 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $10,118, plus roughly $1,604 per month in property taxes. Rates and down payment change this figure significantly.
Brookline's FY2025 residential property tax rate is $9.87 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Brookline.