Cost of Living in Hampden
The biggest cost-of-living factor in Hampden, Massachusetts is housing. The median home is priced around $425K, or about $240 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $2,205, plus roughly $534 per month in property taxes. Rates and down payment change this figure significantly.
Hampden's FY2025 residential property tax rate is $15.09 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Hampden.