Millennials are Moving to This Massachusetts City Faster Than Any Other in the US!

Millennials have been hot on relocating to new cities, with 25% of the generation moving to a different metropolitan area in 2022 alone. A quarter of the 25-44 year-old population making a major metropolitan shift in the period of one single year is a surprisingly high number. Soooo... where's everyone moving to? That's what a new study from SmartAsset set out to find out. As it turns out, the highest percentage are moving to one Massachusetts city whose name doesn't begin with a B, W, or S. Make your guesses now...

The study used data for 268 cities in the US pulled from the Census Bureau’s 1-year American Community Survey for 2022 to determine where people between the ages of 25 and 44 had relocated to. The study used this data to rank the cities based on the rate at which millennials moved in as a percentage of the total population.

Millennials are moving to Seattle, Washington quite a bit. Seattle finished third in the study. New millennials make up 12.5% of the total population there. Seattle actually tied for third with Sunnyvale, California. I've never been there but if I ever visit I'll be sure to pack some sunglasses as it sounds bright. Santa Clara, California finished at #2 on the list of cities millennials are moving to the fastest. New millennials make up 13.3% of the population there.

And coming in first place in the study was...... Cambridge, Massachusetts. Cambridge saw the most 25-44 year olds move there from other metropolitan areas in the year period looked at. New millennials make up 14.7% of the overall population of Cambridge.

But before you up and move to Cambridge, you should be aware that according to a recent report Massachusetts residents pay $7.3K more for household bills than the US average. That's a lofty number. Here's more on that:

I don't know about you but sometimes I feel like after all of my bills are paid my bank account feels absolutely exhausted, leaving not much (if any) for non-essentials. Approximately 35% of the U.S. household's income goes towards paying the household bills. Maybe I'm feeling that extra pinch because according to a new study by doxo, a company that helps manage your household bills, Massachusetts residents pay $7,320 more for household bills than the US average, annually.

Housing expenses consist of shelter (mortgage payments, property taxes, or rent; maintenance and repairs; and insurance), utilities (gas, electricity, fuel, cell/telephone, and water), and house furnishings and equipment (furniture, floor coverings, major appliances, and small appliances). doxo's report shows that Hawaii not surprisingly has the most expensive monthly household bills, costing residents on average #3,070 per month. Massachusetts had a pretty bad showing as well, ending up in the Top 10 most expensive states in the US as far as monthly household bills are concerned. Where did we rank? That's coming up below!

So what we'll give you is this: we'll start with the Top 3 MOST EXPENSIVE states in the US, then we'll give you the Top 3 LEAST EXPENSIVE states in the US, and we'll round things out with how every New England state did - finally wrapping up with Massachusetts.

We'll give you the state, the average cost of monthly household bills in the state, and what percentage of the average household's income that represents in each state. One thing we can all probably agree with - bills suck. They're like little piranhas that come visit every month to nibble what they can off of you. I'm tired of being piranha chow.

And while we're talking about sad Massachusetts stats, how sad is it that Massachusetts doesn't have any of these popular fast food chains inside state lines??

#3 Most Expensive = NEW JERSEY
Total Spent per Month: $2,727
% of Household Income: 35%
% Higher than National Average: 33.2%

#2 Most Expensive = CALIFORNIA
Total Spent per Month: $2,838
% of Household Income: 40%
% Higher than National Average: 38.7%

#1 Most Expensive = HAWAII
Total Spent per Month: $3,070
% of Household Income: 43%
% Higher than National Average: 50.0%

#3 Least Expensive = ARKANSAS
Total Spent per Month: $1,635
% of Household Income: 39%
% Higher than National Average: 20.1%

#2 Least Expensive = MISSISSIPPI
Total Spent per Month: $1,616
% of Household Income: 41%
% Higher than National Average: 21.1%

#1 Least Expensive = WEST VIRGINIA
Total Spent per Month: $1,530
% of Household Income: 38%
% Higher than National Average: 25.2%

#12 Most Expensive in US
Total Spent per Month: $2,323
% of Household Income: 34%
% Higher than National Average: 13.5%

#23 Most Expensive in US
Total Spent per Month: $2,036
% of Household Income: 37%
% Lower than National Average: 0.5%

#28 Most Expensive in US
Total Spent per Month: $1,934
% of Household Income: 38%
% Lower than National Average: 5.5%

#11 Most Expensive in US
Total Spent per Month: $2,324
% of Household Income: 38%
% Higher than National Average: 13.5%

#6 Most Expensive in US
Total Spent per Month: $2,504
% of Household Income: 34%
% Higher than National Average: 22.4%

#4 Most Expensive in US!
Total Spent per Month: $2,569
% of Household Income: 34%
% Higher than National Average: 25.5%