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The Lone Star state has a cost of living index score of 92.6 — well below the U.S. mean of 100. Read More: Here’s How Much the Definition of Middle Class Has Changed in the South
The difference in housing costs from state to state is especially important. The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state).
Compare this to the state’s 2022 median household income of $48,610, and the graphic’s standard of living appears practically unachievable for most families. Massachusetts, which is identified ...
That’s because the cost of living varies from state to state. In some places, you can get by on a small nest egg. ... Tennessee. Total expenditures: $52,253. ... Texas. Total expenditures: $53,468.
Texas is ranked twenty-fifth among US states by median household income, ... Live Oak: $21,540 $43,719 $52,083 11,531 4,257 117 Milam: $21,509 $39,035 $50,797 24,757
Proportion of Americans living below the poverty line in each county of the fifty states, the District of Columbia, and Puerto Rico according to the 2016 - 2020 American Community Survey This list of U.S. states and territories by poverty rate covers the 50 U.S. states , the District of Columbia , and the territory of Puerto Rico and their ...
Colorado. Cost of living compared to national average: 6% higher Cost of housing compared to national average: 20% higher Cost of utilities compared to national average: 9% lower Cost of food ...
State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9 New Hampshire: $454,948 10 New York: $453,138 11 Montana: $448,238 12 Idaho ...