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Cost of Living in Foxborough

Is it better to rent or buy in Foxborough? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$112,141
$1,543/mo

Median in area: $1,543

$605,135

Median in area: $605,135

$121,027

If you Rent

$1,789 /mo
Base Rent$1,543
Est. Utilities$246
% of Income19.1%
Pre-tax Residual$7,556

If you Buy

$4,171 /mo
P&I (6.836%)$3,168
Taxes & Ins$757
Est. Utilities$246
% of Income44.6%
Pre-tax Residual$5,174

Cost of Living FAQs

Is it cheaper to rent or buy in Foxborough?

Based on median housing data, renting is currently more affordable on a monthly basis in Foxborough. The estimated all-in monthly cost for renting is $1,789, while owning a median-priced home with a 20% down payment is roughly $4,171 per month (a difference of $2,382).

How much do utilities cost in Foxborough?

The average monthly utility cost (electricity and natural gas) for a typical home in Foxborough is approximately $246. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Foxborough?

To comfortably afford the median rent and utilities in Foxborough without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $71,560 per year.