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Explore the 2023 state-by-state cost of living analysis. Discover how expenses vary across the United States and find insights to manage your finances better.
Cost of Living Index by State 2024. The Cost of Living Index (COLI) compiles the six subcategories (housing, utilities, grocery items, transportation, health care, and miscellaneous goods and services) into a single value. COLI values are relative to a national average value of 100 (100%).
Which state is the cheapest to live in? US News ranks the states with the best economic affordability, based on the cost of living and housing affordability.
U.S. cost of living by state comparison. Cost of living in each state data can vary depending on what factors are analyzed (e.g., housing) and who conducts the study. For our cost of living comparison by state, we used the following critical information: Annual mean wage for all occupations ; Average monthly rent
Key Findings. In February 2024, mortgage principal and interest payments for a median-priced home required over a third of a median household’s income. West Virginia, Oklahoma and Kansas had the...
Use Salary.com's Cost of Living Calculator to easily compare the cost of living in your current location to the cost of living in a new location. We use the Consumer Price Index (CPI) and salary differentials of over 300+ US cities to give you a comparison of costs and salary.
According to the report, the average U.S. household spends $2,126 a month on the 10 most common household bills, or $25,513 annually. Here's how these common household expenses vary at the state...
With diverse economic structures, geographical elements and local policies, each state poses a distinctive cost of living scenario. States with the highest cost of living are mostly found on the coasts, with Hawaii (184), Massachusetts (149.7), California (137.6), and New York (134.5) leading the way. This pattern might be linked to several ...
Cost of living index in the U.S. 2023, by state. Published by Statista Research Department, Jun 20, 2024. Oklahoma and Mississippi had the lowest cost of living across all U.S. states,...
See the highest and lowest cost of living by state, plus compare the price of home and car insurance policies. Moving to another state in the U.S? Find out how much it will cost.