Cost of Living in Woburn
The biggest cost-of-living factor in Woburn, Massachusetts is housing. The median home is priced around $775K, or about $460 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $4,021, plus roughly $552 per month in property taxes. Rates and down payment change this figure significantly.
Woburn's FY2025 residential property tax rate is $8.54 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Woburn.