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Cost of living by state. Every year, the Council for Community & Economic Research (C2ER) publishes a report that details the cost of living by state. The ranking is based on a...
United States: 65,470: $1.00: 65,470 District of Columbia: 95,970: $1.13: 85,044 Wyoming: 73,248: $0.92: 79,701 North Dakota: 70,360: $0.89: 79,363 Connecticut: 82,938: $1.06: 77,940 South Dakota: 68,176: $0.88: 77,481 Massachusetts: 84,561: $1.09: 77,300 Colorado: 75,722: $1.02: 74,025 Nebraska: 64,268: $0.90: 71,563 New Jersey: 77,199: $1.09 ...
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. Oklahoma...
In October 2023, SmartAsset published data about the basic monthly cost of living in each US state. Key findings revealed single US adults with no children pay, on average, $2,508 in basic...
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).
In Washington, the cost of living is 11.6% higher than it is on average nationwide, according to the Composite Cost of Living Index published by the Missouri Economic Research and Information Center.
In Maryland, the cost of living is 24.0% higher than it is on average nationwide, according to the Composite Cost of Living Index published by the Missouri Economic Research and Information Center.
In particular, their measure highlights that high-income states benefit from higher life expectancy, consumption, and college attainment, while low-income states benefit from lower cost of living. The state with the highest living standards according to their measure is Minnesota.
In Colorado, the cost of living is 5.1% above the national average, but there are some variations in the state between the categories. Housing costs, for example, are 13.6% above average, but ...
Colorado. Total annual expenditures: $76,688. In Colorado, the cost of living is 5.1% above the national average, but there are some variations in the state between the categories. Housing costs ...