Here's what it costs to live in Springfield, Massachusetts, based on the latest US government data. Renters pay a median of $1,144 per month, while the typical home is valued around $245,000. Households earn a median of $52,656 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 42. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$52,656
Median Income / yr
Census ACS
$1,144
Median Rent / mo
Census ACS
$245,000
Median Home Value
Census ACS
N/A
Cost of Living Index
Studio FMR
$1,219
HUD · FY2024
1BR Fair Market Rent
$1,382
HUD · FY2024
2BR Fair Market Rent
$1,734
HUD · FY2024
3BR Fair Market Rent
$2,127
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
154,749
Latest estimate
Median Age
33.7 yrs
Census ACS
42.0
Good0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
15
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,158
Per month
Avg Home Value
$226,614
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 01020 | — | $1,095 | $236,600 |
| ZIP 01028 | — | $1,180 | $320,500 |
| ZIP 01103 | — | $1,016 | $188,800 |
| ZIP 01104 | — | $971 | $187,500 |
| ZIP 01105 | — | $881 | $207,100 |
| ZIP 01106 | — | $1,996 | $409,500 |
| ZIP 01107 | — | $858 | $187,000 |
| ZIP 01108 | — | $1,128 | $200,700 |
| ZIP 01109 | — | $1,075 | $180,100 |
| ZIP 01118 | — | $1,241 | $224,200 |
Showing top 10 of 15 tracked neighborhoods.
January Avg
27°F
July Avg
74°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.5
poor
Hospitals
2
Doctors per 1,000
1.00
Insurance Coverage
96.2%
The cost of living index for Springfield is not yet available.
The median gross rent in Springfield is $1,144 per month according to US Census ACS data.
The median household income in Springfield is $52,656 per year.
The median home value in Springfield is $245,000 based on the latest Census ACS survey.
Springfield has an average Air Quality Index (AQI) of 42.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
Tax data for Massachusetts is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology