Cost of Living in Falmouth
The biggest cost-of-living factor in Falmouth, Massachusetts is housing. The median home is priced around $1.18M, or about $600 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $6,097, plus roughly $575 per month in property taxes. Rates and down payment change this figure significantly.
Falmouth's FY2025 residential property tax rate is $5.87 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Falmouth.