Cost of Living in Ludlow
The biggest cost-of-living factor in Ludlow, Massachusetts is housing. The median home is priced around $540K, or about $261 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $2,801, plus roughly $781 per month in property taxes. Rates and down payment change this figure significantly.
Ludlow's FY2025 residential property tax rate is $17.35 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Ludlow.