Massachusetts tops list as most expensive state for families, requiring $301,184 annually for comfort.
Key points: Massachusetts is the most expensive state to raise a family of four, requiring an annual income of $301,184 for comfortable living. Hawaii, Connecticut, New York, and California follow closely behind in terms of required income. The cost of living calculations are based on a 50/30/20 budget allocation for necessities, discretionary spending, and savings. …