The Bay State overtook New Jersey as the priciest place to achieve middle class status, according to SmartAsset. The post Mass. just became the most expensive place to be middle class. Do you qualify? appeared first on Boston.com.
A recent SmartAsset study indicates Massachusetts is now the most expensive state to be middle class, requiring a household income between $66,565 and $199,716 in 2023, surpassing New Jersey. This contrasts sharply with Mississippi, the least expensive state, where the range is $36,132 to $108,406. Boston is the 13th most expensive city, with a range of $64,614 to $193,862, while Detroit is the most affordable city at $25,384 to $76,160. The study uses a modified Pew Research definition, considering income between two-thirds and double the median U.S. income.
