Cost of Living in Hingham
The biggest cost-of-living factor in Hingham, Massachusetts is housing. The median home is priced around $2.09M, or about $609 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $10,858, plus roughly $1,864 per month in property taxes. Rates and down payment change this figure significantly.
Hingham's FY2025 residential property tax rate is $10.69 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Hingham.