Only because I’m feeling unnaturally pessimistic (um, yeah), I’ll post two entries in a row about the high cost of living in Massachusetts.
Consider this your lucky day.
The US Census Bureau is out with its latest housing data, and good news – Massachusetts was the third most expensive state in the nation for homeowners, last year!
Based on how much homeowners pay in mortgage costs, Massachusetts ranked behind only New Jersey and California, with median monthly mortgage payments of $1,781, or 8.3 percent higher than in 2004, when the Bay State ranked fourth. Meanwhile, the state’s median household income of $57,184 — fifth among states — gained just 2.7 percent.
More: Only two states more costly than Mass. for homeowners – By Kimberly Blanton, The Boston Globe