Living in Massachusetts · 2026
Is $104,000 enough to live in Massachusetts?
Single adult · MA · 2026 tax brackets · Real cost-of-living data
Monthly take-home
$6,384
Avg monthly expenses
$3,339
Avg monthly surplus
$3,045
Savings potential
~48%
After-tax take-home in Massachusetts
How $104,000 feels in Massachusetts cities
Rent: HUD FMR 2026 · Food: USDA Low-Cost Plan × COL · Transport/Utilities/Healthcare: BLS CES × COL
Boston
COL index: 1.93× national avg
Worcester
COL index: 1.28× national avg
Springfield
COL index: 0.88× national avg
Cambridge
COL index: 1.93× national avg
Lowell
COL index: 1.23× national avg
Brockton
COL index: 1.18× national avg
50 / 30 / 20 Budget Planner
Based on your monthly take-home of $6,384 ($76,608/yr)
$3,192
per month
- ›Rent / mortgage
- ›Groceries
- ›Utilities
- ›Insurance
- ›Minimum debt payments
- ›Transportation
$1,915
per month
- ›Dining out
- ›Streaming services
- ›Gym
- ›Hobbies
- ›Travel
- ›Shopping
$1,277
per month
- ›Emergency fund
- ›401(k) / IRA
- ›Investments
- ›Down payment fund
- ›Debt payoff (extra)
Needs / year
$38,304
Wants / year
$22,982
Savings / year
$15,322
Salary Intelligence
Below comfortable level in BostonRent would consume 45% of take-home income — above the 35% stress threshold. A higher salary or lower-cost housing is needed for financial stability in this city.
Lifestyle Assessment
A $104,000 salary comfortably supports a challenging single lifestyle in Boston, Massachusetts, with approximately $1,760/month (~28% of take-home) available for savings — meeting or exceeding the recommended 20% savings rate.
Purchasing Power
Boston's above-average cost of living (index: 1.93) means $104,000 provides the purchasing power of roughly $53,886 in an average-cost US city, or $63,585 in Austin. Moving to a lower-cost state could effectively increase your take-home by thousands.
State & National Benchmark
$104,000 is 82% above the Massachusetts individual median of $57,200 and 86% above the US national individual median of $56,000. This is a top-quartile income in this state.
State individual median
$57,200
+82%
State household median
$96,505
+8%
Tax reduction strategies
$104,000 vs. Massachusetts income benchmarks
Individual median (Massachusetts)
$57,200
+82% vs. this salary
Household median (Massachusetts)
$96,505
+8% vs. this salary
Source: US Census Bureau ACS 2023
Related salary insights
Explore other salary levels in Massachusetts
Data Sources
- •Tax calculations: IRS federal tax tables
- •Rent data: HUD Fair Market Rents
- •Cost-of-living index: C2ER / ACCRA Cost of Living Index
Data updated monthly using government datasets.