What salary is needed to live comfortably in Massachusetts?
Nowhere was it more expensive than Massachusetts, where a family would need an income of more than $313,000 to achieve the aforementioned definition of comfortable living. This was the only state where a family’s necessary income was found to be over $300,000. Hawaii wasn’t far behind, though, at nearly $294,400. Based on current rent prices, the cheapest cities in Massachusetts to live are Springfield, Chicopee and New Bedford.If you’re looking for the cheapest place to live in Massachusetts, North Adams is your best bet. The city is highly affordable, and offers transportation costs 27. It is renowned for its historical monuments and grand community events.Massachusetts. Massachusetts frequently ranks among the best states to live in, especially for families, but the price of entry is steep. The living wage for an individual is $19.Massachusetts is the most expensive state for a family of four to live comfortably, according to a new study. According to SmartAsset, a family’s income needs to be $313,747 to live comfortably in Massachusetts, the highest in the nation.A vast majority of respondents (83. Massachusetts. Two-thirds of those who moved said Massachusetts’ high cost of living (e.
How much do you need to live comfortably in MA?
It costs over $300,000 for a family to live comfortably in Massachusetts. Massachusetts is the most expensive state for working families. A total household income of $313,747 covers the projected short-term and long-term expenses for two adults and two children. You’ll need to earn the highest amount of any state. According to Realtor. Massachusetts of $797,000.
Is it expensive to live in Chelmsford, MA?
Living costs in Chelmsford are 31% higher than the U. S. Massachusetts’s state average. This reflects a 2% increase from 2024. The primary drivers of Chelmsford’s cost of living are soaring housing costs, elevated transportation expenses, and rising food prices. Ans: The average cost of living in Chelmsford is around GBP 2,001 to 2,827 for one month.
Is $27 an hour good in Massachusetts?
Massachusetts ranks number 50 out of 50 states nationwide for 27 Dollars An Hour salaries. Massachusetts ranks number 50 out of 50 states nationwide for $25 An Hour salaries.In Massachusetts, a household needs to earn between $67,000 and $200,000 to be considered middle class.