Lakeville, MA Utility & Living Guide

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Lakeville, MA Utility & Living Guide

Living in Lakeville, MA offers a tranquil and picturesque setting with easy access to Boston and Cape Cod

Last updated: September 29, 2026
Total Utilities$290/mo
1BR Rent$1400/mo
Sales Tax6.25%
COL Index110 (+10% above national average)
Family Score8/10
Median Home$380,000
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🌤️ Live Weather — Lakeville
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Lakeville is experiencing growth in its tech industry, with several startups and established companies setting up shop in the area. The town is also seeing an increase in remote workers, drawn by its high quality of life and proximity to Boston
⚠️ Natural Hazard History — Lakeville
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$140/mo

Eversource Energy
🔥 Gas

—

N/A - Electric only
💧 Water

$50/mo

Lakeville Water Department
🗑️ Garbage

$30/mo

Republic Services
📶 Internet

$70/mo

Combined Average Overhead$290/month

Housing Market

Rent & Property
1 Bedroom$1400/mo
2 Bedrooms$1800/mo
3 Bedrooms$2400/mo
Median Home Price$380,000
Property Tax Rate1.23%
Avg Childcare/mo$1200

The housing market in Lakeville is competitive, with a mix of old and new homes available. Prices have been steadily increasing over the past few years. Residents can expect to find a range of housing options, from starter homes to luxury properties

Cost of Living

Overall COL Index

110

US national avg = 100
vs National Avg

+10% above national average

Groceries

105

Transportation

102

Healthcare

105

Childcare/mo

$1200

Tax Rates

Tax Overview
Total Sales Tax6.25%
Property Tax Rate1.23%
<p>State 5.2% + No County tax + No City tax</p>

Massachusetts has a flat state income tax rate of 5.2%

Family & Relocation

Family Vibe Score
8/10
Safety Index

60

Higher = safer
School Rating

7.5/10

GreatSchools avg
Avg Childcare

$1200/mo

City Pulse

Population Trend
+2% (growing)
Political Climate
Purple description, with a mix of Democratic and Republican voters
Business Momentum
Moderate, with key industries in tech, healthcare, and education
Top Local Concerns
Traffic, affordable housing, environmental conservation
🚌 Transit for Families

Lakeville has a limited public transportation system, but it is relatively stroller-friendly, with accessible buses and sidewalks

🎡 Top Kid Attractions
  • 🎯
    Lakeville Public Library
  • 🎯
    Ted Williams Camp
  • 🎯
    Borderland State Park

Best Neighborhoods for Families

The neighborhoods of Bedford Street and Main Street are popular with families, offering a range of amenities and community events. The area around the lake is also desirable, with its scenic views and outdoor recreational opportunities

Household Budget Calculator

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📊 Lakeville — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Utility costs in Lakeville tend to be higher in the winter months, due to heating costs, and lower in the summer months, when cooling costs are minimal. However, the town's proximity to the ocean can lead to higher electricity costs in the summer, due to increased air conditioning usage

🏛️ Local Tax Details

The ZIP code 02347 has a property tax millage rate of 14.5, with no local surtaxes

👶 Family & Stroller Friendliness

8/10, with wide sidewalks, accessible parks, and relatively flat terrain, making it easy to get around with a stroller

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