Cost to Own
United StatesMassachusettsBerkshire CountyWilliamstown Population 4,352 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Williamstown, Massachusetts

A $437,000 home here costs

$3,550

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

A standard mortgage calculator would have told you $2,247. The real number is $1,303 higher every month — 58% more than the payment most buyers budget for.

Williamstown median: $436,900
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, $349,600 borrowed $2,247
Property tax1.371% effective rate for Williamstown itself $499
Homeowners insuranceMassachusetts averages $1,712/yr (NAIC), or 0.31% of home value $113
Electricity28.82¢/kWh — Massachusetts residential average, EIA $259
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $364
Total monthly $3,550

Williamstown against Berkshire County and Massachusetts

MeasureWilliamstownBerkshire County
Median home value$436,900$283,800
Median property tax$5,992$3,891
Effective tax rate1.371%1.371%
Median gross rent$1,244$1,042
Population4,352128,047

The weather behind that power bill

Williamstown sits in Berkshire County, which averages a high of 79.3°F in its hottest month and a low of 13.9°F in its coldest, with 44.23" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 344 cooling and 7,224 heating degree days, which is what sets the $259 electricity line above.

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

Other cities in Berkshire County

Full Berkshire County cost breakdown · Every county in Massachusetts

Common questions

How much does it cost to own a home in Williamstown?

A $437,000 home in Williamstown, Massachusetts costs approximately $3,550 per month with 20% down at 6.66%. That is $2,247 principal and interest, $499 property tax, $113 homeowners insurance, $327 utilities and $364 set aside for maintenance.

What is the property tax rate in Williamstown?

Williamstown has an effective property tax rate of 1.371%, based on a median home value of $436,900 and median real estate taxes of $5,992. That is in line with the Berkshire County average of 1.371%.

What is the average home price in Williamstown?

The median owner-occupied home value in Williamstown, Massachusetts is $436,900, against $283,800 across Berkshire County.

Is it cheaper to rent or buy in Williamstown?

Median gross rent in Williamstown is $1,244 a month, against $3,550 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 Williamstown — 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