Massachusetts Cost of Living Calculator
Compare Massachusetts cost of living (index: 135). Calculate equivalent salary needed when moving to or from Massachusetts.
How This Calculator Works
Calculation methodology and assumptions
This calculator compares purchasing power between locations using cost of living indices. Massachusetts's cost of living index is 135 (100 = national average). The equivalent salary is calculated as: Current Salary ร (Target COL / Current COL). Tax differences are also factored in to show the net financial impact of relocating.
Key State Information
Massachusetts cost of living index: 135. Massachusetts is significantly more expensive than the national average. Higher housing, transportation, and food costs drive this. Median household income: $89,645. Median 2BR rent: $1890/month.
Frequently Asked Questions
What is the cost of living in Massachusetts?
Massachusetts's cost of living index is 135, where 100 is the national average. This means living in Massachusetts costs about 35% more than the national average.
Is Massachusetts expensive to live in?
Yes, Massachusetts is one of the more expensive states. Housing costs are the primary driver. Median home price: $580,000.
How much do I need to earn in Massachusetts to live comfortably?
Based on a cost of living index of 135 and the 50-30-20 budgeting rule, a comfortable salary in Massachusetts would be approximately $102,060/year for a single person renting a 2BR apartment.
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