How much has MIT's Tuition Increased over the Past 10 Years?

The total cost of attendance, including tuition & fees, books & supplies costs, and living costs, increased by 40.06% from 2012 ($57,010), where MIT's current cost is $79,850. In 2024, the COA is same as last year cost.

The undergraduate tuition & fees has increased from $42,050 (2012) to $57,986 (2023), and the rate of tuition increase is 38.82% over the past 10 years. The graduate school tuition & fees has raised from $44,030 (year 2012) to $61,075 (year 2023). The 2023 tuition & fees have significantly risen this year (more than 10%) at Massachusetts Institute of Technology.

MIT's tuition increase rate is higher than the Massachusetts's average increase rate of 14.70%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.

School Home 2024 Cost Of AttendanceSave School

MIT Cost of Attendance Changes

The following table and chart illustrate the changes in the total cost of attendance (COA) for Massachusetts Institute of Technology over the past 11 years. The COA has increased 40.06% for that period where the last year costs were $79,850. The total cost includes the tuition & fees, books & supplies, and living costs. The total costs vary by student tuition rates (i.e. in-state or out-of-state) and living facility (i.e. staying on or off campus).

Year	Living On Campus	Living Off Campus	Change by Year
Year			Change by Year
2012-13	$57,010	N/A	-
2013-14	$59,020	N/A	3.53%
2014-15	$61,030	N/A	3.41%
2015-16	$63,250	N/A	3.64%
2016-17	$65,478	N/A	3.52%
2017-18	$67,430	N/A	2.98%
2018-19	$70,240	N/A	4.17%
2019-20	$73,160	N/A	4.16%
2020-21	$72,462	$64,462	-0.95%
2021-22	N/A	N/A	-100.00%
2022-23	$79,850	N/A	-

Cost of Attendance Changes of Massachusetts Institute of Technology

Tuition & Fees Changes

The tuition & fees have increased 38.82% for the last 11 years where the 2024 tuition & fees are $57,986. The following table and chart show the tuition & fees changes at Massachusetts Institute of Technology over last the 11 years.

Year	Undergraduate	Graduate	Change By Year
2012-13	$42,050	$44,030	Change By Year	-
2013-14	$43,498	$45,586	3.44%
2014-15	$45,016	$47,284	3.49%
2015-16	$46,704	$49,272	3.75%
2016-17	$48,452	$51,248	3.74%
2017-18	$49,892	$52,892	2.97%
2018-19	$51,832	$54,976	3.89%
2019-20	$53,790	$57,059	3.78%
2020-21	$53,450	$56,719	-0.63%
2021-22	-	-	-100.00%
2022-23	$57,986	$61,075	-

Tuition & Fees Changes of Massachusetts Institute of Technology

Massachusetts Institute of Technology Tuition & Fees Changes Chart

Books & Supplies Costs Changes

The cost of purchasing books & supplies which are required/recommended for courses $850, and it has decreased -15.00% from the year 2012 to 2023.

Year	Books & Supplies	Change by Year
2012-13	$1,000	-
2013-14	$1,000	0.00%
2014-15	$1,000	0.00%
2015-16	$1,000	0.00%
2016-17	$1,000	0.00%
2017-18	$1,000	0.00%
2018-19	$800	-20.00%
2019-20	$820	2.50%
2020-21	$830	1.22%
2021-22	-	-100.00%
2022-23	$850	-

Books & Supplies Costs Changes of Massachusetts Institute of Technology

Living Costs Changes

The living costs including room, board, and other living expenses have increased 45.81% when a student lives on-campus facilities from the year 2012 to 2023. The following table shows the changes in living costs at Massachusetts Institute of Technology.

Year	Living On Campus	Change by Year
2012-13	$13,960	-
2013-14	$14,522	4.03%
2014-15	$15,014	3.39%
2015-16	$15,546	3.54%
2016-17	$16,026	3.09%
2017-18	$16,538	3.19%
2018-19	$17,608	6.47%
2019-20	$18,550	5.35%
2020-21	$18,182	-1.98%
2021-22	-	-100.00%
2022-23	$21,014	-

Living Costs Changes of Massachusetts Institute of Technology

Compare MIT in a Variety of Ways

Rivalry Colleges

Massachusetts Statistics

Massachusetts Tuition Trends

Similar Schools

Most Searched Massachusetts Colleges