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College Costs in Needham, MA 2026

Compare tuition, housing, and financial aid across 2 colleges in Needham, Massachusetts. Use our free calculator to estimate your total cost.

Avg Public Tuition

$16,100

per year

Avg Private Tuition

$48,000

per year

Avg Rent Near Campus

$1,701

per month

Colleges & Universities

2

institutions

Needham Overview

Population

31,388

Student Population

1,653 (5.3%)

Cost of Living Index

131.7 (avg: 100)

Walk Score

47/100

Transit Score

25/100

Unemployment Rate

3.8%

College Cost Calculator for Needham

Cost Inputs

Total Cost (4 Years, Public In-State)

$129,524

Total After Financial Aid

$129,524

Annual Cost

$32,381

Annual After Aid

$32,381

Cost Breakdown (4 Years)

Tuition$64,400
Room & Board$65,124

If Financed (10-Year Loan at 6.5%)

Loan Amount$129,524
Monthly Payment$1,471
Total Interest$46,962
Total Loan Cost$176,486

Universities in Needham

UniversityTypeAnnual Tuition
Needham State UniversityPublic$15,314
Needham Community CollegeCommunity$5,930

Needham has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Needham vs. National Average

CategoryNeedhamNational AvgDifference
Public Tuition (In-State)$16,100$10,940+$5,160
Monthly Rent Near Campus$1,701$1,050+$651
Cost of Living Index131.7100+31.69999999999999

Needham's cost of living is above the national average. Students should budget accordingly and consider off-campus housing options to reduce expenses.

Student Life in Needham

47

Walk Score

Car-Dependent

25

Transit Score

Minimal Transit

5.3%

Student Population

1,653 students

Needham has a total population of 31,388, with approximately 1,653 college students (5.3% of the population). While not primarily a college town, Needham offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Needham

$45,302

Starting Salary

3.8%

Unemployment Rate

53%

Graduation Rate

~13 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Needham earn a median starting salary of $45,302, which is $10,302 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $129,524 (including room and board), it would take approximately 13 years of the salary premium to recoup the investment. With average financial aid of $13,651 per student per year, the net cost and payback period can be significantly reduced.

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