| Organization: | Executive Office of Housing and Livable Communities |
|---|---|
| Date published: | May 20, 2025 |
Cost and Consequences
It’s well known that Massachusetts housing is too expensive. Recent reports have ranked Massachusetts as having the 2nd highest cost of living in the country. While the state also has the second highest median income of any state, at $101,000, it’s still not enough for middle income households to find homes they can afford.
This section summarizes a few key measures of housing cost, including homes available to households at different income levels, how this has changed over time, and how this varies across the state. It also explores the consequences that result from high housing costs: cost burden, housing instability, overcrowding, displacement, homelessness, and outmigration. Key findings include: