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Framingham, MA vs Wakefield, MA

144
Framingham
Massachusetts
VS
-4.2%
150
Wakefield
Massachusetts

Framingham, MA and Wakefield, MA have a very similar cost of living, with only a 4.2% difference in their overall index. Framingham scores 144 while Wakefield scores 150 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Framingham is $1,853/month compared to $1,872/month in Wakefield — a 1% difference. Home values follow the same pattern: Framingham is more affordable at $600,600 median vs $670,100.

Median household income in Framingham is $98,179 compared to $130,320 in Wakefield (-24.7%). While Wakefield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Framingham spend roughly 22.6% of their income on rent, more than the 17.2% in Wakefield.

Climate-wise, both cities share similar average temperatures (50.5°F vs 49.9°F). Wakefield receives more rainfall at 44.9" per year compared to 42.6" in Framingham.

Income & Cost

Cost of Living Index
Framingham
144
4% cheaper
Wakefield
150
Median Household Income
Framingham
$98,179
Wakefield
$130,320
25% higher

Housing

Median Rent
Framingham
$1,853
1% cheaper
Wakefield
$1,872
Median Home Value
Framingham
$600,600
10% cheaper
Wakefield
$670,100
Population
Framingham
72,013
Wakefield
27,284

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Framingham $3.09
Wakefield $3.09
US $3.07
🥚
Eggs (grade A, large)
Framingham $2.52
Wakefield $2.52
US $2.50
🥛
Milk (whole)
Framingham $4.06
Wakefield $4.06
US $4.03
🍞
Bread (white)
Framingham $1.87
Wakefield $1.87
US $1.85
🍗
Chicken breast
Framingham $4.18
Wakefield $4.18
US $4.14
Electricity
Framingham $0.33
Wakefield $0.33
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Framingham 50.5°F
Wakefield 49.9°F
Summer High
Framingham 85°F
Wakefield 82°F
Winter Low
Framingham 18°F
Wakefield 20°F
Rainfall
Framingham 42.6"
Wakefield 44.9"
Rainy Days
Framingham 141d
Wakefield 138d