⚡ Featured Deal
Essentials for Your New Home
🛒 Shop This Deal NowAs an Amazon Associate I earn from qualifying purchases.
Lynnfield, MA Utility & Living Guide
Utilities, housing, taxes, cost of living, and local insights — everything residents and families need.
Monthly Utility Costs
$150/mo
$80/mo
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1400/mo |
| 2 Bedrooms | $1800/mo |
| 3 Bedrooms | $2400/mo |
| Median Home Price | $430,000 |
| Property Tax Rate | 1.23% |
| Avg Childcare/mo | $1200 |
The housing market in Lynnfield is highly competitive, with a mix of old and new homes, and a strong demand for properties. The town has a range of neighborhoods, from affordable to luxury, and a variety of housing types, including single-family homes, condos, and apartments. Overall, Lynnfield is a desirable place to live, with good schools and a convenient location.
Cost of Living
146
+20% above national average
108
94
102
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 6.25% |
| Property Tax Rate | 1.23% |
| <p>State 5.2% + No County tax + Local 1.05% option tax</p> | |
Massachusetts has a flat state income tax rate of 5.2%, with no local income tax
Family & Relocation
40
8/10
$1200/mo
City Pulse
Lynnfield has a limited public transportation system, but the town is relatively small and walkable, with some stroller-friendly sidewalks and parks
- Lynnfield Public Library
- Lynnfield Recreation Department
- MarketStreet Lynnfield
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Lynnfield based on your household profile.
📰 Live Local News
Lynnfield has regulations regarding zoning, building permits, and environmental protection, and residents are encouraged to recycle and conserve water
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
Search by city name or ZIP code to find utility costs, housing data and cost of living guides.
📊 Lynnfield — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
In the summer, utility costs in Lynnfield may increase due to air conditioning usage, while in the winter, costs may rise due to heating. However, the town's mild climate means that extreme temperature fluctuations are rare, and residents can expect relatively stable utility bills throughout the year.
🏛️ Local Tax Details
The ZIP code 01940 has a property tax millage rate of 1.23, with no local surtaxes
👶 Family & Stroller Friendliness
7, with good sidewalk quality and park access, but limited elevator access in transit and some areas with limited family infrastructure
Massachusetts Living Report — July 27, 2026
With a population just shy of seven million, Massachusetts presents a classic trade-off for anyone considering a move:...
Read more →
Massachusetts Living Report — July 26, 2026
Considering a move to Massachusetts means weighing its reputation for top-tier education and historic charm against a notoriously...
Read more →
Massachusetts Living Report — July 25, 2026
For anyone considering a move to Massachusetts, the state presents a compelling but costly proposition. Home to nearly...
Read more →
Massachusetts Living Report — July 24, 2026
With a population of just under seven million—6,984,205 to be precise—Massachusetts is one of the most densely populated...
Read more →
Get your home essentials, storage, and moving supplies delivered.
Shop Moving EssentialsAs an Amazon Associate I earn from qualifying purchases.