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 35.56% from 2014 ($61,030), where MIT's current cost is $82,730. In 2024, the COA is increased by 3.61% from last year.

The undergraduate tuition & fees has increased from $45,016 (2014) to $60,156 (2024), and the rate of tuition increase is 34.52% over the past 10 years. The graduate school tuition & fees has raised from $47,284 (year 2014) to $63,393 (year 2024).

School Home 2024 Cost Of Attendance

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 10 years. The COA has increased 35.56% for that period where the last year costs were $82,730. 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
2014-15	$61,030	-	-
2015-16	$63,250	-	3.64%
2016-17	$65,478	-	3.52%
2017-18	$67,430	-	2.98%
2018-19	$70,240	-	4.17%
2019-20	$73,160	-	4.16%
2020-21	$72,462	$64,462	-0.95%
2021-22	-	-	-
2022-23	$79,850	$79,850	-
2023-24	$82,730	-	3.61%

Tuition & Fees Changes

The tuition & fees have increased 34.52% for the last 10 years where the 2024 tuition & fees are $60,156. The following table and chart show the tuition & fees changes at Massachusetts Institute of Technology over last the 10 years.

Year	Undergraduate	Graduate	Change By Year
2014-15	$45,016	$47,284	Change By Year	-
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	-	-	-
2022-23	$57,986	$61,075	-
2023-24	$60,156	$63,393	3.74%

Massachusetts Institute of Technology Tuition & Fees Changes Chart

Year	Books & Supplies	Change by Year
2014-15	$1,000	-
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	-	-
2022-23	$850	-
2023-24	$880	3.53%

Living Costs Changes

The living costs including room, board, and other living expenses have increased 39.71% when a student lives on-campus facilities from the year 2014 to 2024. The following table shows the changes in living costs at Massachusetts Institute of Technology.

Year	Living On Campus	Change by Year
2014-15	$15,014	-
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	-
2022-23	$21,014	-
2023-24	$21,694	3.24%

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

Cost of Attendance Changes

Tuition & Fees Changes

Books & Supplies Costs Changes

Living Costs Changes