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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 ...
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).
16. Illinois. Groceries: $333.28 Healthcare: $323.48 Utilities: $256.42 Transportation: $751.99 Average mortgage: $1,569.84 Miscellaneous: $65.58 Overall cost-of-living index: 92.1 Explore More ...
The cost of living is different all over the country. Many Americans point to it when they're looking to move to cheaper states.
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 ...
Iowa. Median Home Value: $194,600 Median Monthly Rent: $1,100 Median Household Income: $69,588 Unemployment Rate: 2.8% Cost of living: 9.9% lower than the national average Explore More: What the ...
State rank State or territory Median home price in US$ 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 ...
While Kentucky has a low cost of living that’s largely in line with states such as Indiana, Illinois and Iowa, the median salary of just $60,183 leaves a $6,646 gap in a living wage despite ...