Cost to Own
United StatesMassachusettsNorfolk CountyWeymouth Town Population 57,786 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Weymouth Town, Massachusetts

A $516,000 home here costs

$3,967

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $2,653. The real number is $1,314 higher every month — 50% more than the payment most buyers budget for.

Weymouth Town median: $516,200
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $412,800 borrowed $2,653
Property tax0.985% effective rate for Weymouth Town itself $424
Homeowners insuranceMassachusetts averages $1,712/yr (NAIC), or 0.31% of home value $133
Electricity28.82¢/kWh — Massachusetts residential average, EIA $259
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $430
Total monthly $3,967

Weymouth Town against Norfolk County and Massachusetts

MeasureWeymouth TownNorfolk County
Median home value$516,200$649,400
Median property tax$5,087$7,081
Effective tax rate0.985%1.090%
Median gross rent$1,861$2,072
Population57,786724,540

The weather behind that power bill

Weymouth Town sits in Norfolk County, which averages a high of 85.7°F in its hottest month and a low of 20.6°F in its coldest, with 43.91" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 828 cooling and 5,540 heating degree days, which is what sets the $259 electricity line above.

See the full climate breakdown for Norfolk County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Norfolk County

Full Norfolk County cost breakdown · Every county in Massachusetts

Common questions

How much does it cost to own a home in Weymouth Town?

A $516,000 home in Weymouth Town, Massachusetts costs approximately $3,967 per month with 20% down at 6.66%. That is $2,653 principal and interest, $424 property tax, $133 homeowners insurance, $327 utilities and $430 set aside for maintenance.

What is the property tax rate in Weymouth Town?

Weymouth Town has an effective property tax rate of 0.985%, based on a median home value of $516,200 and median real estate taxes of $5,087. That is lower than the Norfolk County average of 1.090%.

What is the average home price in Weymouth Town?

The median owner-occupied home value in Weymouth Town, Massachusetts is $516,200, against $649,400 across Norfolk County.

Is it cheaper to rent or buy in Weymouth Town?

Median gross rent in Weymouth Town is $1,861 a month, against $3,967 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Weymouth Town — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Massachusetts.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology