Cost of Living in Hopkinton, MA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
214.5
100 = national avg
+114.5 vs national average
Living Wage (1 Adult)
$94,373
per year
Living Wage (Family of 4)
$223,063
per year
Cost Index by Category
Housing210.2
Food182.8
Transportation265.6
Healthcare166.2
Utilities171.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,476
per month
2 Bedroom
$2,941
per month
The overall cost of living index in Hopkinton is 214.5, which is 114.5% above the national average. Housing costs are above the national average at an index of 210.2. A single adult needs to earn approximately $94,373 per year to cover basic expenses.