(Last Updated – September 5,2025)

Known for its scenic river towns, vibrant musical and literary heritage, and warm hospitality, Mississippi draws people looking for a slower pace of life and a lower cost of living.

The state isn’t for everyone, though. While it’s more affordable than other areas of the country, some Mississippians leave looking for better economic opportunities and access to stronger health care and education systems.

Here’s what you need to know about the cost of living in the Magnolia State.

What’s the Average Cost of Living in Mississippi?

Average Cost of Living in Mississippi: $42,131 per year

Mississippi is among the most affordable places in the U.S. In fact, it’s the second-cheapest state to live in, right after Oklahoma, according to data from the Missouri Economic Research and Information Center (MERIC).

MERIC gives each state a cost of living index (COLI) number. The national average of 100 serves as the baseline. A COLI that falls under 100 means a state is less expensive than the national average, and a COLI higher than 100 indicates that it’s more expensive.

As of the first quarter of 2025, Mississippi’s COLI number is 87.3. Compare this to the COLI numbers of neighboring states Alabama (87.6), Louisiana (93.2), Texas (91.8), and Florida (102.0).

Each year, the average Mississippian spends around $42,131, according to the U.S. Bureau of Economic Analysis Cost of Living Index. That translates to average monthly expenses of $3,511 per person.

Here’s a look at how that breaks down with the average annual per capita cost of some common expenses.

Source: The Bureau of Economic Analysis, Personal Consumption Expenditures by State

Housing Costs in Mississippi

Median Housing Costs in Mississippi: $716 to $1,353 per month

Whether you’re a first-time home buyer or relocating to a new town within the state, Mississippi’s affordable housing is an obvious draw. There are roughly 1.35 million housing units in Mississippi, 69.5% of which are owner occupied, according to figures from the U.S. Census Bureau.

The average home value was $191,607 as of August 2025, according to Zillow. Values were up 0.9% from the year before. Compare that to the average price of all homes in the United States, which was $368,581, up an average of 0.3% from the year before.

The monthly cost to keep a roof over your head in Mississippi, according to the latest census data:

•  Median monthly mortgage home loan cost: $1,353

•  Studio: $716

•  1 bedroom: $724

•  2 bedroom: $859

•  3 bedroom: $1,039

•  4 bedroom: $1,130

•  5 or more bedrooms: $1,255

•  Median gross rent: $898

When talking about real estate, the mantra is location, location, location. The Magnolia State is no exception. Home values here will vary greatly by city.

Here are typical home values for Mississippi’s top cities, according to Zillow’s August 2025 data.

Recommended: Jumbo Loans

Utility Costs in Mississippi

Average Utility Costs in Mississippi: $370.07 per month

The amount you pay for a mortgage or rent isn’t the only thing you’ll need to keep your household going. Be sure to factor in utilities as part of your average monthly expenses.

Groceries & Food

Average Grocery & Food Costs in Mississippi: $335.17 per person per month

Average costs for food and beverages in Mississippi are about $335.17 per person per month, according to the Bureau of Economic Analysis. Costs will be higher for larger families. An average family of four can expect to pay closer to $1,340.67 a month for groceries.

The Council for Community and Economic Research monitors grocery costs across the country. Here are comparative grocery costs in Mississippi for 2024, from lowest to highest. Remember, the number 100 represents the national average.

Transportation

Average Transportation Costs in Mississippi: $10,929 to $20,336 per year

Public transit is a challenge in Mississippi. Each part of the state does have public transportation systems that service the area, with 60 total providers making 5 million trips per year. There are also two Amtrak routes that connect the state. Unsurprisingly, many people rely on their own cars to get around, which means paying for fuel and auto maintenance.

Here are estimated monthly costs per MIT’s Living Wage Calculator:

Health Care in Mississippi

Average Health Care Costs in Mississippi: $7,645 per person, per year

Average annual per capita health care cost for residents of Mississippi usually hovers around $7,645, according to the Bureau of Economic Analysis Personal Consumption Expenditures report.

However, the amount you pay will depend on a variety of factors, including your health care coverage, age, and health conditions.

Child Care

Average Child Care Costs in Mississippi: $768 to $1,098 per child, per month

As any parent knows, the monthly cost of child care for young children depends largely on the age of the child and what kind of care they are receiving. Here’s a look at monthly costs according to type of classroom or if a child is cared for at home, per CostofChildCare.org.

Taxes

Average Taxes in Mississippi: 4.4% flat tax

Mississippi has a flat individual income tax rate of 4.4%. By contrast, the federal government has a progressive income tax with a top rate of 37% for the wealthiest individuals in 2025.

The state also has an effective property tax rate of 0.70% on the value of owner-occupied housing, as well as a sales tax of 7%. Municipalities may assess their own sales tax, and the average combined state and local sales tax is 7.06%.

Here’s how Mississippi compares to neighboring states.

Recommended: Mortgage Refinance

Miscellaneous Costs

Once you’ve covered necessary expenses for living, there’s plenty of fun and culture to be had in the Magnolia State. Here’s how much some popular activities will set you back.

•  Birthday of Elvis Presley: Entrance to this Tupelo attraction is $12 for adults and $5 for children.

•  Ohr-O’Keefe Museum of Art: This art museum, with buildings designed by Frank Gehry, houses a collection of pottery by the so-called “Mad Potter of Biloxi” George E. Ohr. Entrance is $12 for adults and $6 for students.

•  Delta Blues Museum: Celebrate Mississippi’s deep musical history at this Clarksdale attraction. General admission is $15 for adults and $10 for students.

•  The Mississippi Aquarium: This Gulfport attraction boasts a 5.8-acre campus, complete with indoor and outdoor attractions and more than 200 species of aquatic animals. Adult admission day of is $32.95 for ages 13 to 64, and $27.95 for children 3 to 12.

How Much Money Do You Need to Live Comfortably in Mississippi?

What is the cost of living in Mississippi if you want to live comfortably? The answer to this question depends on the number of people in your family as well as subjective factors, like how you define comfort.

What we can say is that living in Mississippi is generally inexpensive. The state is ranked second in affordability by the U.S. News and World Report, right behind Arkansas. And as we mentioned, Mississippi boasts one of the lowest costs of living nationwide, surpassed only by West Virginia. That means your money will go farther in Mississippi than it will in most other states, potentially allowing you to buy a bigger home and afford a larger family.

What City Has the Lowest Cost of Living in Mississippi?

While Mississippi is generally an affordable place to live, there are cities that are more budget-friendly. Here are a few of the lowest-cost cities in the state, courtesy of the Council for Community and Economic Research’s 2024 Cost of Living Index.

Tupelo

Tupelo, located near the Northeast corner of the state, has the lowest cost of living in Mississippi, with an index
of 82.7. But there’s more to the city than its affordability. It also enjoys a revitalized downtown, a noteworthy
live music scene (it is the home of Elvis Presley, after all), and a community calendar brimming with
events.

Hattiesburg

There are lots of reasons to put Hattiesburg on your list of must-see spots. The University of Southern Mississippi
and William Carey College, both of which call the city home, regularly bring in best-in-class arts and entertainment
events. The city also boasts award-winning restaurants, charming shops and cafes, and plenty of parks and
recreational activities. And when you’re ready to get out of town, New Orleans, Jackson, the Mississippi Gulf Coast,
and Mobile, Ala., are all a short drive away.

Jackson

A few years ago, Mississippi’s capital city turned 200, but in many ways, the celebration continues today. A
diverse culinary scene, vibrant arts districts, and nationally acclaimed cultural attractions like the Mississippi
Civil Rights Museum have helped land Jackson on many best-of lists. However, in recent years, the city has also
struggled with public safety concerns and issues with clean drinking water.

Helpful Resources for Future Mississippi Residents

(Last Updated – September 4,2025)

Minnesota is one of the best-kept secrets in the U.S. It hasn’t experienced a huge population boom, but does have many attractive features that make it a great place to call home. It has a strong job market, with just a 3.2% unemployment rate that’s a full point lower than the national average. There’s also a healthy balance of big cities and big nature opportunities, not to mention multiple professional sports teams to cheer on from the stands.

So how does the average cost of living in Minnesota compare to the rest of the country? Here’s everything you need to know about living — and spending — in the North Star State.

What’s the Average Cost of Living in Minnesota?

Average Cost of Living in Minnesota: $56,489 per year

Minnesota ranks 18th in lowest cost of living in the U.S., according to the 2025 Cost of Living Index from the Missouri Economic Research and Information Center (MERIC). Its cost of living index number is 93.7, which puts it below the national baseline score of 100. It’s cheaper than some neighboring states like Wisconsin and Illinois, but still more expensive than others, such as Iowa, North Dakota, and South Dakota.

The average state resident spends $56,489 on personal expenditures each year, according to the Bureau of Economic Analysis. In other words, the average cost of living in Minnesota per month averages $4,707, or $18,829 for a family of four.

Here’s what the average yearly costs look like for common bills in Minnesota.

Housing Costs in Minnesota

Median Housing Costs in Minnesota: $995 to $1,813 per month

Housing is more affordable in Minnesota compared to the rest of the country. As of August 2025, the state’s median home value is $351,614 according to Zillow, compared to $368,581 nationally.

Areas located near water are quite a bit more expensive, however. The median home value in Lake Shore, for instance, is $700,120 — roughly double Minnesota’s overall number. But that does mean you likely won’t need a jumbo loan due to the high cost of living, no matter where you settle down.

Here’s a snapshot of what monthly costs renters can expect to pay, according to the U.S. Census Bureau data.

•  Studio: $995

•  1 bedroom: $1,127

•  2 bedroom: $1,326

•  3 bedroom: $1,622

•  4 bedroom: $1,813

•  5 or more bedrooms: $1,682

•  Median gross rent: $1,264

Considering a specific area in Minnesota when buying your first home? Here are the median home values in some of the state’s largest cities, according to Zillow.

These price ranges allow buyers to choose from several different types of home loans, like conventional and FHA. Starting out with the mortgage preapproval process can help you prepare for home shopping at the right price point in Minnesota.

Recommended: What Are the Different Types of Mortgage Loans?

Utility Costs in Minnesota

Average Utility Costs in Minnesota: $312.78

Utility costs are a must-have part of monthly expenses for one person. Here’s what you can expect to pay when you live in Minnesota.

Groceries & Food

Average Food & Beverage Costs in Minnesota: $310 per month

The Bureau of Economic Analysis estimates that food and beverage costs average $3,721 per year in Minnesota. So for your monthly budget, expect to spend around $310 per person, or $1,240 for a family of four.

How do grocery costs in Minnesota cities stack up against the country as a whole? The Council for Community and Economic Research’s Grocery Items Index sets a national baseline score of 100. Anything below that is under the national cost of living average, while higher numbers are above the national average.

Transportation

Average Transportation Costs in Minnesota: $10,019 to $18,643 per year

Driving a vehicle is the easiest way to get around broader Minnesota, but you also have public transportation options in some areas. In Minneapolis-St. Paul, for instance, you can choose from METRO options like train and light rail.

To get a sense of how much transportation costs in Minnesota, check out this snapshot of different family structures and average annual costs, according to MIT’s Living Wage Calculator.

Health Care in Minnesota

Average Health Care Costs in Minnesota: $9,839 per person per year

Health care costs for Minnesota residents average just over $9,800 per year, according 2023 estimates from the Bureau of Economic Analysis. For a family of four, that amounts to $39,356 annually.

Minnesota is on par with health care costs in other states in the Plains regions. The two most expensive states in the area are North Dakota and South Dakota, both averaging more than $11,000 per person each year.

Child Care

Average Child Care Costs in Minnesota: $1,002 to $1,658 per child, per month

Child care costs can add a lot to your monthly budget. The amount you’ll spend on each child depends on their age as well as the type of classroom they’re in. Explore different averages in Minnesota to get a sense of what to expect using the data below from CostofChildCare.org.

Taxes

Maximum Income Tax Rate in Minnesota: 9.85%

The highest-earning residents in Minnesota will pay 9.85% marginal tax rate in addition to federal taxes. Additionally, the state has a 1% high earners’ capital gains surtax, which applies to gains over $1 million.

These tax rates are much higher than Minnesota’s neighbors; the next closest tax rate is Wisconsin with 7.65%. South Dakota, on the other hand, has no state income tax at all.

Miscellaneous Costs

There’s plenty to do throughout the year in Minnesota. But what is the cost of living in Minnesota after your necessary expenses? Here are the average prices of some popular outings.

•  Minnesota Twins baseball game: Starting at $20

•  Cave tour at Forestville/Mystery Cave State Park: $15

•  Minneapolis Institute of Art: Free general admission

•  All-day kayak rental at Chain of Lakes: $80

Plus, there are plenty of parks and other outdoor excursions to enjoy at no cost.

How Much Money Do You Need to Live Comfortably in Minnesota?

Everyone has a different level of comfort when it comes to spending and saving. According to the U.S. News and World Report Affordability Ranking, Minnesota comes in 29th out of the 50 states for overall affordability. But it’s also listed as the 4th best state overall, and the 7th best state for opportunity, making it one of the best affordable places in the U.S.

MERIC’s cost of living data series also puts Minnesota below the national average, with a 93.7 cost of living index score. The nation as a whole is set at a score of 100, so things are cheaper in Minnesota compared to many other states.

What City Has the Lowest Cost of Living in Minnesota?

Here’s how the cost of living in Minnesota varies based on four well-known cities in the state: Mankato, Minneapolis, St. Cloud, and St. Paul.

Mankato

Located south of Minneapolis, Mankato is a large town with a big personality. It’s home to a number of colleges and
universities, ensuring a lively atmosphere. In terms of cost of living, Mankato has an overall index score of 95.1
and a very affordable housing score of 79. Groceries, however, may feel a little more expensive, thanks to a higher
food score of 103.6.

Minneapolis

Minneapolis is a large city that offers both indoor and outdoor fun. It has a number of lakes in the area, plus
popular area attractions like the Mall of America. And you may even have some extra cash for shopping. Minneapolis
has an overall cost of living of 93.6, and its housing score is 82.9.

St. Cloud

St. Cloud is a small city located in the center of Minnesota, with ice skating in the winter at the Lake George
skating rink and lush landscape walks in the warmer months at the Munsinger/Clemens Gardens. Cost of living is below
average across the board in St. Cloud, with scores of 97.6 overall, 97.1 for groceries, and 80.8 for housing.

St. Paul

St. Paul is a walkable city with tons of architectural charm. The overall cost of living score is 94, while housing
is just 81.3. Groceries, however, score the highest out of the four cities listed here, at 105.2.

Helpful Resources for Future Minnesota Residents

(Last Updated – September 3,2025)

Michigan is known for its lakeside coastlines and for being the heart of America’s automotive legacy. Its lush forests and majestic lakes are a favorite among outdoor recreation enthusiasts, while affordable housing and urban revitalization efforts in major metropolitan cities, like Detroit, attract new residents.

The state’s natural beauty and economic promise, however, are balanced against extreme winter weather and an unstable job market outside the biggest metros. If you’re thinking about relocating to the Great Lakes State, here’s what to know about the cost of living in Michigan.

What’s the Average Cost of Living in Michigan?

Average Cost of Living in Michigan: $52,210 per year

Michigan is in the top 10 of states with the lowest cost of living, according to the Missouri Economic Research and Information Center (MERIC). The national index is fixed at 100, so the lower the index number, the lower the state’s cost of living (and vice versa).

Michigan ranked eighth, with a cost of living index of 89.8.

The average annual cost of living here is $52,210 per person, according to the U.S. Bureau of Economic Analysis Cost of Living Index. That translates to average monthly expenses of $4,350 per person.

Here’s what that looks like when broken down by spending categories.

Source: The Bureau of Economic Analysis, Personal Consumption Expenditures by State

Housing Costs in Michigan

Median Housing Costs in Michigan: $837 to $1,521 per month

As of July 1, 2024, there were approximately 4.6 million housing units in Michigan, according to the U.S. Census Bureau. August 2025 Zillow data revealed that the average home value in Michigan is $262,505. This is lower than the average U.S. home value of $368,581 — good news for first-time homebuyers on a budget.

Below is generally what you can expect to pay for housing, based on the latest Census data:

•  Median monthly mortgage home loan cost: $1,521

•  Median studio rent: $837

•  Median one-bedroom rent: $900

•  Median two-bedroom rent: $1,148

•  Median three-bedroom rent: $1,270

•  Median four-bedroom rent: $1,386

•  Median five-bedroom or more rent: $1,405

•  Median gross rent: $1,101

The city you settle into greatly impacts housing costs. Here’s a snapshot of average home values across various Michigan cities, per Zillow.

Of course, Michigan home prices can vary substantially depending on where you are in the state. Here are the typical home prices in 10 major Michigan cities, according to Zillow, in August 2025.

If you’re interested in buying a home in Michigan, finding down payment assistance programs can help.

Recommended: Jumbo Loans

Utility Costs in Michigan

Average Utility Costs in Michigan: $330.62 per month

In addition to housing expenses, you’ll want to budget for other costs, like utility services. Here’s how much it costs to keep the lights on in the average Michigan household.

Sources: U.S. Energy Information Administration, Electric Sales, Revenue, and Average Price, 2023; Statista.com, “Average monthly residential utility costs in the United States in 2023, by state; DoxoInsights, U.S. Cable & Internet Market Size and Household Spending Report 2023; and Rentcafe.com, What Is the Average Water Bill?

Groceries & Food

Average Food & Beverage Costs in Michigan: $348 per month

According to the Bureau of Economic Analysis, the average monthly food and beverage cost for Michiganders is $348. For a family of four, grocery and food expenses climb to $1,392 per month.

Some metropolitan regions in the state have a grocery item index below the national average of 100. One exception is Detroit-Dearborn-Livonia metro, which has an index of 101 — slightly higher than the national average.

Source: The Council for Community and Economic Research – Cost of Living Index, 2024 average

Transportation

Average Transportation Costs in Michigan: $10,166 to $18,917 per year

Generally, Michigan residents rely on personal vehicles as their primary transportation. Residents in large cities, like Detroit and Ann Arbor, have access to public city buses, Amtrak rail, and downtown-specific services, like the QLINE streetcar, which can help reduce transportation expenses.

Source: MIT’s Living Wage Calculator, 2025

Health Care in Michigan

Average Health Care Costs in Michigan: $8,381 per person, per year

The Bureau of Economic Analysis’ Personal Consumption Expenditures report found that the average health care costs in Michigan was $8,381 per person, annually.

Health expenses are highly variable, though. Your actual expense will depend on your age, current medical needs and treatments, and level of health insurance coverage, among other factors.

Child Care

Average Child Care Costs in Michigan: $878 to $1,135 per child, per month

Child care is generally a significant monthly expense for parents, and it’s no different for families in Michigan. The average monthly cost of child care in the state for just one child rivals the cost of one month’s rent for a two-bedroom unit.

Below are average child care costs, based on the type of care needed.

Source: CostofChildCare.org

Taxes

Marginal Tax Rate in Michigan: 4.25%

Individual Michigan residents pay a flat marginal state income tax rate of 4.25%, according to the Tax Foundation’s 2025 State Individual Income Tax Rates and Brackets report. Consumers in the state also face a 6% sales tax on goods and services.

Let’s take a look at how Michigan stacks up against a couple of neighboring states.

Miscellaneous Costs

After budgeting for essential monthly expenses, Michigan residents can use their remaining discretionary income toward the state’s entertainment and iconic food options. Here are some to consider:

•  The Henry Ford Museum: $38 for regular price general admission

•  Ferry ticket: $38 round trip

•  Pictured Rocks National Lakeshore: Up to $25 for a standard pass

•  Coney dog: $2.60

If your budget feels tight each month, reducing your miscellaneous costs is the first step to maintaining a manageable lifestyle in Michigan.

How Much Money Do You Need to Live Comfortably in Michigan?

What constitutes a “comfortable lifestyle” is subjective and differs from person to person. Factors like the number of people in your household and your personal priorities also influence how much you’ll need to live your preferred lifestyle. And remember, the cost of living in the U.S. varies depending on your exact location.

One way to gauge whether Michigan is a financially comfortable place to live is by evaluating its affordability. U.S. News and World Report’s Affordability Ranking placed Michigan at 23rd on the list of most affordable states — solidly in the middle. Additionally, MERIC’s cost of living index put Michigan below the national average for cost of living.

Recommended: Best Affordable Places in the U.S.

What City Has the Lowest Cost of Living in Michigan?

According to the Council for Community and Economic Research, Benton Harbor and Kalamazoo are two Michigan cities that offer affordable living.

Benton Harbor, Michigan

Benton Harbor, located southwest of Grand Rapids and near St. Joseph, offers lakefront living and a vibrant Arts District and culture. Its low cost of living, at 63.7, makes it an exceptionally affordable city to call home.

Kalamazoo, Michigan

Kalamazoo attracts students to the city, thanks to the multiple colleges and universities within its borders. Though it’s located between Detroit and Chicago, there’s plenty to do and see right here in town, including festivals, museums, and more. The city’s various amenities, coupled with housing costs that are about 40% cheaper than the national average, makes it an appealing place to live for young professionals and families.

Helpful Resources for Future Michigan Residents

(Last Updated – September 3,2025)

Massachusetts is known for its natural beauty, leading educational and health care institutions, and of course, the many historic sites located throughout the state. And if you’re a sports fan, you’ll appreciate the state’s pro teams, including the Red Sox, the Bruins, the Celtics, and the Patriots. Whether you prefer the laid-back coastal vibe of Cape Cod, the traditional charm of towns like Concord, or the big-city bustle of Boston, you’ll find plenty to see and do.

Massachusetts is listed as ninth best overall in the U.S. News & World Report “Best States” ranking. But be prepared: You can expect to pay a little more for the pleasure of planting roots in the Bay State. Massachusetts is one of the more expensive places to live in the U.S., especially when it comes to housing.

Is it worth it? Read on to learn more about the cost of living in Massachusetts, and if this New England state might be a good fit for you.

What’s the Average Cost of Living in Massachusetts?

Average Cost of Living in Massachusetts: $69,101 per year

If affordability is a concern for you, the cost of living in Massachusetts could be an obstacle. According to data from the Missouri Economic Research and Information Center (MERIC), Massachusetts comes in as the second highest state in the U.S. for its overall cost of living, behind only Hawaii. That makes it more expensive than any of its neighboring states in the Northeast, based on data gathered in the first quarter of 2025. Even pricey New York and the District of Columbia have a lower cost of living.

What is the cost of living in Massachusetts? According to 2023 data from the Bureau of Economic Analysis, the annual average cost of living in Massachusetts is $69,101. Based on that number, the average monthly cost of living in Massachusetts would be about $5,758. (Your costs will vary: Singles typically spend significantly more per capita than married couples do on categories like food and housing, for example, and less on health care.)

Here’s how costs typically break down into major categories.

Housing Costs in Massachusetts

Average Housing Costs in Massachusetts: $1,459 to $2,659 per month

You can expect housing to be one of your biggest costs no matter where you live, but according to MERIC data, housing costs in Massachusetts are well above the national average. (Only Hawaii ranks higher in the U.S.) That could make buying your first home—or your dream home—a challenge.

Massachusetts has just under three million housing units, according to census data. But whether you rent or buy, you may have a hard time finding a place for less than $1,800 a month. Zillow listed the typical Massachusetts home value at about $658,406 at the end of August 2025, compared with the U.S. average home value of $368,581.

As you consider your budget, it may be helpful to know how housing costs break down. The median monthly mortgage cost in Massachusetts is $2,659. And here’s what monthly housing prices can look like in Massachusetts.

•  Median studio rent: $1,494

•  Median one-bedroom rent: $1,459

•  Median two-bedroom rent: $1,882

•  Median three-bedroom rent: $1,935

•  Median four-bedroom rent: $2,308

•  Median five-bedroom (or more) rent: $2,063

•  Median gross rent: $1,757

Of course, Massachusetts home prices can vary substantially depending on where you are in the state. Here are the typical home prices in 10 major Massachusetts cities, according to Zillow, in August 2025.

Utility Costs in Massachusetts

Average Utility Costs in Massachusetts: $406 per month

Once you have your housing costs covered, there are still the utility bills to consider. Costs can vary based on location, family size, and time of year, but here’s a look at what you can expect to spend monthly in Massachusetts.

Food & Beverage

Average Food & Beverage Costs in Massachusetts: $406 per person, per month

Another ongoing expense is buying groceries. Along with your personal food choices and family size, where you live also can affect how much you’ll spend on food.

The Bureau of Economic Analysis estimates that the average Massachusetts resident’s nonrestaurant food cost is $4,870 annually, or about $406 per month. That means a family of four can expect to spend about $1,624 on groceries each month.

The Council for Community and Economic Research, which ranks the food costs in major American cities, ranked these Massachusetts cities from lowest to highest for their 2024 grocery costs.

Transportation

Average Transportation Cost in Massachusetts: $9,708 to $18,065 per year

Transportation costs can be a budgeting headache, depending on the current price of gas, commute times, and public transportation access.

Although public transportation is a popular option in Massachusetts, most people still drive themselves to and from work. Depending on where you live, that trip can take a while. Massachusetts comes in at 47th in the nation for its commuting time in the U.S. News and World Report current “Best States” rankings. And Boston consistently ranks near the top of the worst commutes in the country.

Family size, including the number of working adults in the home, can also be a factor in how much your transportation costs will be. The following results from MIT’s Living Wage Calculator, with data from the first quarter of 2025, can give you a general idea of what to expect.

Health Care in Massachusetts

Average Health Care Costs in Massachusetts: $11,354 per person, per year

Your health care needs, as well as your insurance coverage, will help determine how much you end up paying for care each year for yourself and your family. But according to the 2023 Bureau of Economic Analysis Personal Consumption Expenditures by State report, the annual cost of health care per Massachusetts resident is $11,354.

Child Care

Average Child Care Costs in Massachusetts: $1,104 to $2,006 or more per child, per month

Having children can have a major impact on your budget, and child care is often one of the biggest monthly expenses for a family. In Massachusetts, the price you pay monthly may depend on where you live, how old your child is, and whether or not you choose home-based family care. Here are the average child care costs in Massachusetts, per the most recent data from CostofChildCare.org.

Eligible families in Massachusetts can apply to the state’s Department of Early Education and Care (EEC) to get help with their costs.

Taxes

Highest Marginal Tax Rate in Massachusetts: 9%

At 9%, Massachusetts’ highest marginal state income tax rate is one of the highest in the U.S., as noted by the Tax Foundation’s map of Top Marginal State Individual Income Tax Rates for 2025. Residents of New York and New Jersey pay more (10.9% and 10.75%, respectively), while neighboring New Hampshire doesn’t have any state income or sales tax.

The state sales tax rate in Massachusetts is 6.25%, which also is among the highest in the U.S. And Massachusetts counties collect an average of 1.04% of a property’s assessed value as property tax per year.

Miscellaneous Costs

Now that we’ve covered the essentials (food, housing, utilities, etc.), let’s change the focus to some fun stuff. Here’s a look at how you might spend some of your discretionary funds as a resident of Massachusetts:

•  Take yourself out to the ballpark. Single-game tickets to a Boston Red Sox game at historic Fenway Park can range in cost from about $35 for an upper-bleacher seat to $425 or more for a seat in a dugout box. Add a cold beverage and a hot dog for about $20, and you’re all set.

•  Explore Boston’s iconic Freedom Trail. The 2.5-mile Freedom Trail leads you to 16 historic sites, including the Bunker Hill Monument, Boston Common, the Old North Church, and Paul Revere’s house. You can walk the trail yourself for free, although there is an admission charge for some sites. Guided “Walk into History” tours cost $17 for adults, $15 for seniors and students, and $8 for children 6-11, with a $1 fee tacked on at every level.

•  Enjoy swimming, hiking, fishing, and more at the picturesque Cape Cod National Seashore. Shopping and dining options are offered in many of the towns around the seashore. Standard entry passes range from $15 to $25, while an annual pass costs $60. Beaches, parking areas, and trails are open year-round. Tickets for a three-hour guided kayak tour of the Nauset Marsh at low tide are $75 for adults and $60 for kids 12 and under.

•  See Boston Harbor from the bay. Check out the city’s skyline and learn about Boston’s (and the nation’s) history during a one-hour narrated sightseeing cruise. Ticket prices vary depending on the cruise you choose, but typically start at about $40 for adults.

•  Have a whale of a time in New Bedford. Learn about whales, whaling, and the ancient art of scrimshaw (intricate designs carved on ivory or bone by whalers) at the New Bedford Whaling Museum. Tickets are $23 for adults, $21 for seniors, $13 for kids, and free for museum members. Add $4 to your ticket price to see a 3D movie.

Recommended: What Are the Average Monthly Expenses for One Person?

How Much Money Do You Need to Live Comfortably in Massachusetts?

We all have different wants and needs, so it’s hard to say exactly how much money you might require to maintain a lifestyle that’s comfortable for you in Massachusetts. But building a life in the Bay State could be expensive compared to the cost of living in other states. U.S. News & World Report ranked Massachusetts 46th for cost of living and 47th for housing affordability in its most recent “Best States” listing. And remember, MERIC ranked Massachusetts as the second highest state in the U.S. for its overall cost of living.

What City Has the Lowest Cost of Living in Massachusetts?

These three cities in Massachusetts all have a low cost of living compared to other cities in the state, according to the Economic Research Institute (ERI):

Springfield

Springfield is popular for its scenic location alongside the Connecticut River and for its many recreational activities. It’s also an economic hub for the region, and is home to several large companies, including MassMutual and Big Y. There’s a zoo, an ice rink, and a symphony hall there, and a Six Flags theme park is located in nearby Agawam. The MassMutual Center hosts concerts, conventions, and other events, and it’s where the American Hockey League’s Springfield Thunderbirds play. Based on the ERI cost of living calculator, Springfield is 12% more expensive than the average city in the U.S. and 14% less expensive than the average city in Massachusetts.

New Bedford

New Bedford leans into its history as a whaling port and seat of Portuguese heritage. You’ll find plenty to explore, from beaches to museums to the Buttonwood Park Zoo. The city is still known for its strong ties to the seafood industry, and tourism is also important to the local economy. Based on the ERI cost of living calculator, New Bedford is 16% more expensive than the national average, and 11% less expensive than the average Massachusetts city.

Fall River

Fall River is another Massachusetts city that makes the most of its waterfront location. You’ll find the world’s largest collection of World War II naval vessels in the city’s Battleship Cove. And you can tour the home (and hunt for ghosts) at the Historic Lizzie Borden House. If you’re a fan of Portuguese cuisine, you’ll likely find the local restaurants serve many of your favorite dishes. Textile and apparel manufacturing, health care, and education are among Fall River’s largest industries. Based on the ERI cost of living calculator, Fall River is 9% more expensive than the national average, and 16% less expensive than the average Massachusetts city.

Helpful Resources for Future Massachusetts Residents

(Last Updated – September 3,2025)

Situated in the middle of the Eastern seaboard, Maryland is home to more than 6 million people, plenty of natural beauty, and several prominent U.S. cities, including Baltimore, Bethesda, and its capital, Annapolis. Washington, D.C. is also in close proximity.

If you’re considering a move to this culturally diverse state, this may help as you make your decision: According to a recent University of Maryland poll, more than 50% of Marylanders think it’s an excellent or good state to raise a family, access health care services, and get a quality K-12 education. When it comes to work opportunities, 46% think the state is an excellent or good place to find a well paying job.

Maryland can be expensive though, depending on where you settle. Read on for a breakdown of the average cost of living here to see if a move is right for you.

What’s the Average Cost of Living in Maryland?

Average Cost of Living in Maryland: $56,052

As mentioned above, Maryland isn’t a cheap place to live. It ranks 46th in lowest cost of living in the U.S. (meaning it’s one of the highest), according to the 2025 Cost of Living Index from the Missouri Economic Research and Information Center (MERIC).

MERIC reports the overall cost of living index in Maryland is 114.9. To put that in perspective, an index below 100 represents a lower cost of living than the national average, while a higher number indicates a higher cost of living.

The latest data from the Bureau of Economic Analysis reports the average personal consumption expenditures total $56,052 per person in Maryland. Let’s take a closer look at how that spending breaks down in the Old Line State:

Based on the figures above, the average monthly expenses for one person in Maryland come out to around $4,671.

Housing Costs in Maryland

Average Housing Cost in Maryland: $1,379 to $2,606 a month

Maryland has 2,588,397 housing units, according to the latest data from the U.S. Census Bureau. Zillow reports the average home value in the state as of August 2025 is $435,024, compared to the average U.S. home value of $368,581.

Whether you’re thinking of renting or buying a home in Maryland, here’s what you can expect to spend on housing per the U.S. Census Bureau:

•  Median monthly mortgage cost: $2,301

•  Median studio rent: $1,523

•  Median one-bedroom rent: $1,379

•  Median two-bedroom rent: $1,679

•  Median three-bedroom rent: $1,875

•  Median four-bedroom rent : $2,205

•  Median five-bedroom or more rent: $2,606

•  Median gross rent: $1,662

Check out the average home value in these Maryland towns and cities as of August 2025, courtesy of Zillow:

Recommended: What to Know About Getting Preapproved for Home Loan

Utility Costs in Maryland

Average Utility Costs in Maryland: $419.45 per month

Utility bills account for part of your monthly expenses. Take a look at what a typical Maryland resident pays per month:

Sources: U.S. Energy Information Administration Electric Sales, Revenue, and Average Price, 2023, Statista.com, “Average monthly residential utility costs in the United States in 2023, by state,” DoxoInsights, U.S. Cable & Internet Market Size and Household Spending Report 2023; and Rentcafe.com, What is the Average Water Bill?

Groceries & Food

Average Food and Beverage Costs in Maryland: $319 per month

How much you’ll spend on food each month in Maryland depends upon where you shop and how many people are in your household. On a whole, the cost of living index for groceries is 107.5, which is slightly above the national average.

The Bureau of Economic Analysis reports Maryland’s per-capita average annual cost of food and beverages is $3,832, which comes out to be about $319 a month. Crunching the numbers, a couple can anticipate paying $638 a month while a family of four can expect to pay $1,276 a month.

To get an idea of how Maryland compares to other cities within the same region, here’s a snapshot of the grocery items index for 2024, from lowest to highest, courtesy of the Council for Community and Economic Research.

Below you’ll find Maryland’s average monthly grocery and food costs based on household size.

Transportation

Average Transportation Costs in Maryland: $9,803 to 18,242 per year

The majority of people in Maryland rely on private vehicles to get around. However, there are public transportation options in the more populated cities, especially Baltimore, where you can travel via bus, light rail, or subway.

Maryland transportation costs will vary depending on the size of your household. These are the estimated costs according to MIT’s Living Wage Calculator for 2025:

Health Care in Maryland

Average Health Care Costs in Maryland: $8,838 per person, per year

When it comes to taking care of your health, the Bureau of Economic Analysis reports the annual cost of health care for an individual living in Maryland is $8,838. This comes to $736.50 a month per person.

Of course, the price you’ll pay for health care depends on your age, medical needs, and the type of health insurance you have. Residents can visit Maryland Health Connection, the state’s health insurance marketplace, to explore the various private plans offered.

Child Care

Average Child Care Costs in Maryland: $1,008 to $2,040 per child, per month

It’s no secret child care as a whole can be expensive, whether it’s to cover daycare, babysitting, or Pre-K. Here’s what CostofChildCare.org reports are the average prices broken down by type of child care:

Based on the above figures, child care in Maryland can range from $12,096 to $24,480 a year. According to 2024 data from ChildCare Aware of America, the national average for childcare costs was $13,128.

Need help paying for childcare? Maryland’s Department of Education offers Child Care Scholarships for qualifying families.

Taxes

Highest Marginal Tax Rate in Maryland: 5.75%

There’s a graduated state individual income tax in Maryland, with rates ranging from 2.0% to 5.75%, according to the Tax Foundation’s State Individual Income Tax Rates and Brackets report.

Those rates are fairly low when you take into account the fact that people in Oregon are paying 9.9%, those in New York are paying 10.9% and those in California are paying 13.3% (the highest in the country).

If Maryland’s state income tax seems too high, you can always opt to live in one of the eight states with no income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas and Wyoming.

Miscellaneous Costs

The Old Line State is chock full of relaxing and fun things to do for people of all ages. After you’ve taken care of your other cost of living expenses, here are some activities you can enjoy (accurate as of June 2025).

•  A visit to the Maryland Zoo: $33 per ticket, ages 2 and older

•  A day at the beach in Ocean City: $0 and free parking

•  Admission to the National Aquarium: $49.95 for adults 21-69, $39.95 for ages 5-20, free for children age 4 or under

•  A day of hiking on the Appalachian Trail: $0 admission fees and parking

•  Fried crab-cake platter at Cantler’s Riverside Inn in Annapolis: $42

How Much Money Do You Need to Live Comfortably in Maryland?

A comfortable lifestyle will depend on your family’s needs, where in the state you live, and your chosen lifestyle.
To give you some idea, MIT’s Living Wage Calculator says the average single person without children working full-time
would need to make $26.17 an hour, and $45,280 a year after taxes, in order to make a “living wage.”

The latest U.S. News & World Report roundup of the Best Places to Live in the U.S. ranks Maryland as the
20th best state to live in the country, taking into account such factors as home affordability, health care, cost of
living, and quality of life.

As mentioned earlier, according to 2025 figures, MERIC
ranks Maryland as 46th in lowest cost of living across the country (which means it’s quite high).

Recommended: Finding Down Payment Assistance Programs

What City Has the Lowest Cost of Living in Maryland?

Fortunately, there’s no shortage of cities in Maryland where the cost of living is lower. Take a look at these three cities that are among the least costly to live, according to the Economic Research Institute (ERI):

Cumberland

If you decide to become a resident of Cumberland, you’ll experience a slower-paced city with lower housing, utility,
and grocery costs. In fact, the ERI reports Cumberland is 23% less expensive to live in than the average Maryland
city. Zillow reports the latest median home value in Cumberland is $152,410.

This picturesque city offers scenic views of the Appalachians and the Potomac River and plenty of parks to take in
even more greenery. There’s a historic city center, an arts and entertainment district, an actual Main Street,
pedestrian walkways, and lots of places to grab a bite.

Hagerstown

According to the Census Bureau, an estimated 43,909 people call this north-central Maryland city home. It’s the
sixth largest city in the state and, compared to other areas of Maryland, 11% cheaper overall. According to the ERI,
lower housing, food, health care, and transportation costs help make Hagerstown a cost-effective city. The median
home value, per Zillow, is $303,512, as of 2025.

Hagerstown provides plenty of culture and things to do in your free time, including visiting breweries, a wine
vineyard, planetarium, golf courses, and an equestrian center for horseback riding. The city also has a Maryland Crab
& Oyster Trail, where you can find a plethora of seafood eateries.

Salisbury

You’ll find Salisbury in eastern Maryland, less than an hour’s drive to beach hotspot Ocean City. Home to a population of 33,616, Salisbury is the largest city in the state’s Eastern shore region.

Like Hagerstown, Salisbury is 11% cheaper than the average city in Maryland, and its housing, transportation, food,
and health care costs fall below the national average. If you are looking to find a home there, the average median
home value in Salisbury is $264,992.

Salisbury is known as “Maryland’s College Coastal Town,” mainly for being the location of Salisbury University as
well as the University of Maryland Eastern Shore campus. You won’t be bored in Salisbury or be deprived of culture,
with offerings such as the Salisbury Zoological Park, the Chesapeake Bay Maritime Museum, the Salisbury Symphony
Orchestra, and a minor league baseball team, the Delmarva Shorebirds.

Helpful Resources for Future Maryland Residents