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Report: Mass. is now the most expensive state for a family to live comfortably
For a single person, Massachusetts is the second most expensive state to live comfortably.
Another report confirms just how expensive it is to live in the Bay State.
SmartAsset found that Massachusetts is the most expensive state for a family of four to live comfortably.
A Massachusetts family’s income needs to be $313,747 to live comfortably, SmartAsset reported. Last year, a four-person household needed an income of $301,184 to do so.
Meanwhile, the most expensive state for a single person to live comfortable is Hawaii with a $124,467 salary needed. For single individuals, Massachusetts is a close second with a yearly income of $120,141 needed.
Hawaii is reportedly the second most expensive state for a family of four to live comfortably with Connecticut following behind in third with a salary of $290,368 needed.
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Vermont also landed in the report’s top 10 most expensive states for a family of four with an income of $286,790 needed to live comfortably.
At the other end of the spectrum, the cheapest state for a family of four to live comfortably is Mississippi at $186,618, the report noted. For a single person, West Virginia ranked the cheapest at $78,790.
To live comfortably in any state this year, a single person needs to make around $5,844 more than they did in 2024 and a four-person family needs to earn about $9,360 more, according to SmartAsset.
SmartAsset ranked the states by utilizing data from MIT’s Living Wage Calculator and applying the income to the 50-30-20 budget, where 50% of household income goes to necessities, 30% to desires, and 20% to savings or debt repayment.
Top 10 most expensive states for a family of four to live comfortably
- Massachusetts
- Hawaii
- Connecticut
- California
- Vermont
- New Jersey
- Washington
- New York
- Colorado
- Oregon
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