Massachusetts Cost of Living Calculator
2026Compare cost of living in Massachusetts to other US states and cities. See equivalent salary needed when relocating.
Written and reviewed by Konstantin Iakovlev · Methodology · Updated
Equivalent Salary Needed
$123,026.32
Difference
+$23,026.32
Cost Difference
+23.03%
Cost of Living Comparison
| Boston, MA Index | 152 |
| New York, NY Index | 187 |
| National Average | 100 |
| Your Current Salary | $100,000.00 |
| Equivalent in New York, NY | $123,026.32 |
| You would need more | $23,026.32 |
Breakdown by Category (Annual)
| Housing | +33.33% |
| Current (Boston, MA) | $40,000.00 |
| Target (New York, NY) | $53,333.33 |
| Food & Groceries | +9.09% |
| Current (Boston, MA) | $15,000.00 |
| Target (New York, NY) | $16,363.64 |
| Transportation | +13.04% |
| Current (Boston, MA) | $15,000.00 |
| Target (New York, NY) | $16,956.52 |
| Healthcare | -4.17% |
| Current (Boston, MA) | $10,000.00 |
| Target (New York, NY) | $9,583.33 |
Cost of living indices are approximate and based on aggregate data. Individual expenses may vary significantly. Housing costs tend to have the largest impact when moving between cities.
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
What's the cost of living like in Massachusetts?
Understanding the cost of living in Massachusetts means looking at taxes, housing, and everyday expenses together. Massachusetts levies a flat income tax, which directly impacts take-home pay. The average property tax rate is 1.14%, and the state sales tax rate is 6.25%.
Cost of living varies dramatically across Massachusetts — metropolitan areas, especially state capitals and major employment centers, typically run 10–30% above small-town and rural rates. Housing is by far the largest single component of any cost-of-living index, accounting for 30–35% of total expenditure for most households, followed by transportation (~15%), food (~12%), and healthcare (~8%).
When comparing cities, watch the headline COL index but also check housing-affordability separately: a 110-index city may have an outsized 140 housing index that dominates the average. Massachusetts's state income tax adds another consideration vs. no-tax states (FL, TX, WA, NV, TN, NH on wages, AK, SD, WY). Use this calculator to translate a salary in one city into the equivalent purchasing power in another.
Massachusetts cost-of-living context: BEA index, income, and metro highlights
- BEA Regional Price Parity (2024)
- 110.7 (US average = 100)
- Median household income (2024)
- $99,860
- Median 2-bedroom rent (Q4 2025)
- $2,480/month
- Major metro area
- Boston-Cambridge-Newton MSA (4.9M)
- Largest non-government employer
- Mass General Brigham (80,000+ employees)
Massachusetts's cost-of-living index of 110.7 is driven by Boston metro housing — median home values exceed $750K, downtown Boston median rents over $3,500/month for 1-bedroom. Western Massachusetts (Springfield, Pittsfield) remains markedly more affordable with median rents under $1,300. Massachusetts's 5% income tax (with 4% Fair Share surtax on income above $1M from 2023) creates a high combined burden for high earners. Property taxes are moderate (~1.21% effective) but Proposition 2½ caps annual levy growth. Healthcare costs are among the country's highest due to elite hospital concentration.
Massachusetts Cost Snapshot (2026)
| Avg. Property Tax Rate | 1.14% |
| State Sales Tax Rate | 6.25% |
| Minimum Wage | $15/hr |
| State Income Tax | 5% flat rate |
| State Disability Insurance (SDI) | No |
| Estate / Inheritance Tax | Yes |
Massachusetts cost of living — frequently asked questions
What US cities have the lowest cost of living?
Cities in the South and Midwest like Memphis, Oklahoma City, Little Rock, and Wichita consistently rank among the most affordable, with costs 15-25% below the national average.
How is cost of living calculated?
Cost of living indexes compare expenses across housing, groceries, transportation, healthcare, and utilities relative to a national baseline of 100. Housing typically makes up 30-40% of the index and varies the most between cities.
How do I calculate the equivalent salary when moving to a new city?
Multiply your current salary by the ratio of the new city's cost of living index to your current city's index. For example, moving from a city at index 90 to one at 135 means you need 50% more salary to maintain the same lifestyle.