Springfield, MA Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in Springfield, MA in 2024?

Overall, on average, a gross annual salary of $58,054 is required for an average quality of life in Springfield, MA.

Is the Cost of Living High in Springfield, MA?

Springfield, MA is ranked 94th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheaper cities in which to live in the U.S. Springfield, MA's average monthly rent is 39% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in Springfield, MA in 2024?

A gross annual salary of $50,000 in Springfield, MA will yield an average annual net salary of $43,382. Considering that the total average annual cost of living in Springfield, MA is $42,645, a gross annual salary of $50,000 will be sufficient to cover average living costs.

How Much Should You Pay for Rent in Springfield, MA?

The average monthly rent in Springfield, MA in the city center is $1,204 for a 1 bedroom apartment, $1,507 for a 2 bedroom apartment and $1,800 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $952 for a 1 bedroom apartment, $1,206 for a 2 bedroom apartment and $1,400 for a 3 bedroom apartment.