Hopkinton, MA vs Millers Falls, MA

There is a significant gap in the cost of living between these two cities. Millers Falls is 26.7% cheaper than Hopkinton. With a cost index of 95 vs 120, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Millers Falls to Hopkinton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hopkinton is $1,053/month compared to $1,291/month in Millers Falls — a 18% difference. Interestingly, home values tell a different story: while Hopkinton has cheaper rent, Millers Falls actually has lower median home values ($222,600 vs $601,900).

Median household income in Hopkinton is $173,750 compared to $63,646 in Millers Falls (+173%). While Hopkinton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hopkinton spend roughly 7.3% of their income on rent, less than the 24.3% in Millers Falls.

Climate-wise, Hopkinton is notably warmer with an average of 52°F compared to 48.3°F in Millers Falls. Hopkinton receives more rainfall at 43.9" per year compared to 42.2" in Millers Falls.