Cost of Living in Malden
The biggest cost-of-living factor in Malden, Massachusetts is housing. The median home is priced around $665K, or about $459 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $3,448, plus roughly $627 per month in property taxes. Rates and down payment change this figure significantly.
Malden's FY2025 residential property tax rate is $11.32 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Malden.