Massachusetts Tops Cost-of-Living Rankings in 2025

Family of four? Brace yourself.

A recent study found that in order to maintain a "comfortable lifestyle" in 2025, families in Massachusetts should be raking in a pretty penny each year.

With just about everything around getting more expensive (housing, insurance, etc.) "individuals and families increasingly need more income to support a comfortable lifestyle over the long-term," according to financial technology company SmartAsset.

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How Much Do Massachusetts' Families Need to Make?

According to the findings from the SmartAsset study, a family of four living in the Bay State should be making a whopping $313,747 annually.

How SmartAsset Calculated the $313K Figure

So what is the 50/30/20 rule?

SmartAsset shares the rule "suggests allocating 50% of your income to necessities, 30% to discretionary spending, and 20% to long-term goals like retirement savings or paying off debt."

How did they get that number and how lavish of a lifestyle are we talking?

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What Does a "Comfortable Lifestyle" Include?

According to the site, the "comfortable lifestyle" it depicts is one that includes being able to afford:

Hobbies
Vacations
Retirement Savings
Education Funds
Occasional Emergency
All essential necessities like housing, groceries, transportation and medical expenses.

Top 10 Most Expensive States For a Four-Person Family

10. Oregon, $261,914
9. Colorado, $273,728
8. New York, $276,973
7. Washington, $277,888
6. New Jersey, $282,714
5. Vermont, $286,790
4. California, $287,456
3. Connecticut, $290,368
2. Hawaii, $294,362
1. Massachusetts, $313,747

Top Spots For The 'Best Cheap Family Vacation' - 2025

Some of the best memories families make are during a vacation. If you are looking for a place that is pretty afforadable for a family to enjoy, check out the top spots for a "Cheap Family Vacation", according to U.S. News & World Report.

Gallery Credit: Jessica On The Radio