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To find the most expensive states to live in, GOBankingRates looked at annual living expenses for all 50 states, utilizing the 2022 Consumer Expenditure Survey — the most recent data from the U ...
The states were sorted to show the cheapest to most expensive total cost of living. The data was collected on and is up to date as of Aug. 24, 2024. More From GOBankingRates
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).
In 2017, it cost more to live in New York than any other state in the contiguous U.S., not counting Washington, D.C. Here in 2024, however, New York has dropped to the fourth most expensive state.
This is a list of U.S. states, territories, and Washington, D.C. by income.Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands, for which the data comes from 2010, as ACS does not operate in these areas.
Most expensive state to live in 2023. Hawaii topped the list of most expensive states by nearly 34 points, according to the C2ER study. Washington, D.C. trailed behind and was closely followed by ...
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] 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
Massachusetts is the most expensive state to live comfortably in. A single adult needs to make at least $116,022 to cover basics, wants and savings in Massachusetts, or $55.78 per hour.