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Gen Xers have the highest living costs in the Golden State, just like they do in the rest of the country. Expenditures for Gen Xers in California average $62,591 a year, according to the study.
California — Index: 138.5. New York — Index: 125.9. Alaska — Index: 125.2. Maryland — Index: 116.5. ... The average cost of living in the U.S. will depend on the individual. Cost of living ...
Here are the other nine California cities with high costs of living: San Jose: $334,547. Oakland: $316,243. Irvine: $291,450. ... Housing in California costs $33,969 annually, or $2,830 per month ...
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).
The Cost of Living in California. California’s cost of living can be notoriously high, driven primarily by exorbitant housing costs in cities such as San Francisco or Los Angeles. Essential ...
The Bureau of Economic Analysis has calculated that the regional price parity in 2019 of the 50 largest MSAs ranges from 88.3 in Birmingham, Alabama (which has the lowest cost of living of the 50 most populous MSAs) to 126.7 in San Jose, California (the highest cost of living of the 50 most populous MSAs). An income of $0.88 in Birmingham ...
California's income distribution is quite broad compared to the country's as a whole; its proportions of residents with no income and of residents with income over $100,000 are both higher than the national average. This broad distribution combined with high housing and living costs give California an abnormally high poverty rate.
The overall national average cost of living is estimated to be between $30,000 and $42,000 — but how much more are you willing to shell out ... California. Annual average cost of living: $61,923.08.