The Massachusetts Institute of Technology (MIT) estimates that $13.38 an hour, or $27,854 annually, is the living wage for a single adult in Massachusetts. But a good wage in Massachusetts differs based on the location and the way of life of the worker. For instance, a good salary in Athol can be around $50,000 per year, compared to the average yearly wage of around $70,000 in Boston. Living expenses in Massachusetts and California It is true that California has a higher cost of living than Massachusetts, despite this reputation. NerdWallet estimates that San Francisco’s cost of living is 62.6% greater than Boston’s. San Francisco’s median home worth is $1.3 million, whereas Boston’s is $596,600. In San Francisco, the median rent is $3,500 per month, while it is $2,400 in Boston. Is Florida a Cheaper Place to Live Than Massachusetts? Florida is renowned for having a lower cost of living than many other US states. However, Florida only has a little cheaper cost of living than Massachusetts. NerdWallet reports that Boston’s cost of living is 8.3% more than Miami’s. Boston’s median house value is $596,600, whereas Miami’s is $335,200. Miami has a typical monthly rent of $1,814 whereas Boston’s is $2,400. Which State Has Cheaper Housing Prices: Massachusetts or Connecticut? Another state with a reputation for having a high cost of living is Connecticut. However, Massachusetts has a little cheaper cost of living. Hartford, Connecticut, has a 9.2% higher cost of living than Boston, according to NerdWallet. Hartford’s median house value is $179,200, whereas Boston’s is $596,600. Hartford’s median rent is $1,165 per month, whereas Boston’s is $2,400.
Athol, Massachusetts, is the least expensive place to live in, and a good pay in Massachusetts varies depending on the city and the person’s lifestyle. Florida is only little less expensive than Massachusetts, but California is more expensive. Additionally more expensive than Massachusetts is Connecticut. In the end, the cost of living in Massachusetts is determined by the city as well as specific elements like the price of housing, transportation, and food.
The cost of living between Boston and NYC is not contrasted in the essay. It only concentrates on Massachusetts’ most affordable cities.