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flag Study shows a family of four needs over $300,000 annually to live comfortably in Massachusetts, the priciest state.

flag A SmartAsset study reveals that a family of four needs over $300,000 annually to live comfortably in Massachusetts, the most expensive state, compared to $186,618 in Mississippi, the most affordable. flag The U.S. median household income was $80,000 in 2023. flag The study defines "living comfortably" as spending 50% on necessities, 30% on wants, and 20% on savings and debt. flag Massachusetts saw a 4% rise in living costs in 2024, higher than the national average.

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