Cost of Living in Holyoke
The biggest cost-of-living factor in Holyoke, Massachusetts is housing. The median home is priced around $270K, or about $193 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $1,401, plus roughly $393 per month in property taxes. Rates and down payment change this figure significantly.
Holyoke's FY2025 residential property tax rate is $17.46 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Holyoke.