Cost of Living: Family of Four Needs $314K ‍in Massachusetts

⁢ ‍ ⁢ ⁢⁢ Updated June 28, 2025
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The annual income needed for a family ⁤of four to live comfortably in the United ‌States varies significantly by‌ state. ‍A recent study, applying the‌ 50/30/20 budget⁢ rule, highlights these disparities ‌in the cost of living, family expenses adn financial well-being.

Massachusetts tops the list ​as the most expensive​ state. A family of four needs an estimated ⁤$313,747 to⁤ cover expenses while adhering to the⁤ 50/30/20 budget.