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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 cities with the lowest cost of living for each state were found to determine the cheapest cities for retirees in each state. All data was collected on and is up to date as of Jan. 8, 2025 ...
West Virginia has by far the lowest housing costs of any U.S. state—it bested Oklahoma's index by 11.5 percentage points thanks to its 74.2% rate of home ownership, $1,180 average mortgage, and ...
State rank State or territory Median home price in US$ 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 ...
Instead, look to New Mexico and South Carolina, which are the most affordable states in the top 10 when it comes to home healthcare, at an average monthly cost of $3,813 in each state. Out-of-Home ...
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 ...
Parsons, Kansas comes in with the lowest cost of living at $23,146 on average. For an individual in the U.S., the national average cost of living is around $38,266. For a family of four, it is ...
Hawaii was the state with the highest cost of living in the U.S. for 2023, according to research by the Missouri Economic Research and Information Center.Oklahoma had the lowest. How cost of ...