Cost of Living in Paxton
The biggest cost-of-living factor in Paxton, Massachusetts is housing. The median home is priced around $523K, or about $297 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $2,712, plus roughly $642 per month in property taxes. Rates and down payment change this figure significantly.
Paxton's FY2025 residential property tax rate is $14.74 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Paxton.