Hopkinton, MA vs Townsend, MA
There is a significant gap in the cost of living between these two cities. Townsend is 25.5% cheaper than Hopkinton. With a cost index of 96 vs 120, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Townsend 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 $947/month in Townsend — a 11% difference. Home values follow the same pattern: Townsend is more affordable at $344,400 median vs $601,900.
Median household income in Hopkinton is $173,750 compared to $56,726 in Townsend (+206.3%). 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 20% in Townsend.
Climate-wise, Hopkinton is notably warmer with an average of 52°F compared to 48.9°F in Townsend. Hopkinton receives more rainfall at 43.9" per year compared to 43.4" in Townsend.
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Climate
NOAA 30-year normals (1991-2020)