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In 16 states, the average resident is paying more than the average American to cover basic costs. See whether your state is one of them. Eloi_Omella / Getty Images/iStockphoto
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 $0.88 in Birmingham ...
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$; 1 Hawaii $839,013
50. Hawaii. Household median income: $94,814 Highest costing expenditure: Health Average monthly Gen Z expenditure cost: $3,548 Total monthly cost of living: $8,910 Total annual cost of living ...
The cost of living in Honolulu, for example, is 84% higher than the national average, according to PayScale. Much of the reason behind why Hawaii is so expensive lies in the fact that, as a remote ...
The data has been collected by the World Bank's International Comparison Program since the 1970s and has been available for almost all World Bank member states and some other territories since 1990. The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries.
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 average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings.
You'll pay a premium if you want to enjoy island life. Hawaii has the highest average home price of any state in the U.S., with a current average price of $834,499, according to Zillow. While there...