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The first table contains a list of U.S. states and territories by annual median income. The second table contains a list of U.S. states and territories by annual mean wage. Information from an unknown source; Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2]
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).
Cost of living score: 84.7 (15.3% lower than the national average) For You: The Minimum Salary You Need To Buy a Home in 2024 in All 50 States LIKE HE / Getty Images/iStockphoto
Although inflation does have a hand in determining the cost of living, low levels of inflation do not always mean lower costs of living. Data from the Consumer Price Index (CPI), a key metric from ...
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 ...
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 ...
State organizations that provide data to HCUP are called Partners. HCUP includes multiyear hospital administrative (inpatient, outpatient, and emergency department) data in the United States, with all-payer, encounter-level information beginning in 1988. These databases enable research on health and policy issues at the national, State, and ...
Alaska City With the Lowest Cost: Tanana. Population: 214. Average cost of living: $35,083. City With the Highest Cost: Sitka. Population: 8,462. Average cost of living: $52,174. Discover More: 9 ...