Yearly household spending in region exceeds $101K


Yearly household spending in region exceeds $101K

BOSTON -- Households in the Greater Boston area spent an average of $101,247 per year across 2022 and 2023, the U.S. Bureau of Labor Statistics reported, a third higher than the nationwide average annual household expenditure of $75,172.

At a time of regular talk on Beacon Hill of the negative consequences of Massachusetts' high cost of living, the new data from BLS sheds light on some of the drivers of economic unease and the things attracting Bay Staters to move elsewhere.

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