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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).
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
GOBankingRates found that the average monthly cost of living in the United States in the first quarter of 2024 was $2,005 — $1,860 for retired people, $2,730 for married couples with kids and ...
Depending on the cost of living in your state, your salary might not be enough to live comfortably. ... Florida. Living Wage: $76,410. ... putting it right in the middle ranking at 25 of all ...
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 ...
The ranking is based on a price index that is calculated using the cost of food, housing, transportation, utilities and other factors in all 50 states and Washington, D.C.
Florida's cost of living may be high, but that didn't keep the Sunshine State from topping WalletHub's 2024 "best states for retirement" list. ... Florida is best state for retirement in this 2024 ...