Worcester Business Journal Special Editions

STUFF Made In Massachusetts 2020

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12 S T U F F • 2 0 2 0 • StuffMadeinMA.com Making bank Some industries will pay their employees more than others, depending on how much money companies are making and how in demand their employees are. Manufacturing and construction, with their large amounts of revenue and a need for a younger workforce, pay better than most. Rent (one bedroom, outside city center) ...................................$2,038 ................$960 .............. $800 Groceries (2,400 calories/day ) .................................... $431 ................$300 .............. $300 Utilities (electric, gas, heat, water, garbage) ............. $178 ................$135 .............. $117 Internet ....................................................... $68 ................. $65 ................$65 Transportation (public transportation) ..... $90 .................. $57 .................$30 Gym membership .... $60 .................. $37 .................$27 Entertainment (2 or 3 meals out; 2 or 3 movies; 4 cocktails in a club) .....................................$175 ................$175 .............. $140 Total monthly expenses ............ $3,040 ....... $1,729 ...... $1,479 How much does it cost for a young person to live in Massachusetts? How much do Massachusetts manufacturing and construction jobs pay? Assembler Education needed: High-school diploma Average annual salary: $36,740 Monthly earnings (before taxes): $3,062 Construction laborer Education needed: High-school diploma and a year of on-the-job training Average annual salary: $55,540 Monthly earnings (before taxes): $4,628 Sources: expatistan, numbeo.com BOSTON WORCESTER SPRINGFIELD

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