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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).
Frequently asked questions. Which U.S. state has the lowest cost of living? According to a study from the Council of Community & Economic Research, Oklahoma has the lowest cost of living in the ...
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.
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 ...
On average, you’ll need a take-home pay of at least $41,000 to cover your primary expenses in Chicago, so the average U.S. salary of $63,795 is enough for Windy City living.
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 ...
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