The ranking of the 8 most money-burning places in the United States has been released, with data sourced from official statistics.
Hawaii is far ahead: the average annual cost of living is $132,435, which is over $59k higher than the national average, with a cost index of 181.5 crushing other places.
Top 5 also includes: - Massachusetts $104k (utility costs $17.9k, $3.4k higher than the national average) - California $101.9k (driving costs are the highest, second only to Hawaii) - Washington D.C. $109.2k (though not a state, it's too expensive not to make the list) - Alaska $91.4k (medical expenses outrageous, 52% higher than the national average)
The small northeastern states are also fierce: Connecticut, New Hampshire, and Rhode Island have all made the list due to skyrocketing energy costs.
If you want to save money, these 8 places can help you save. The data is based on the 2022 official consumer spending survey, covering all dimensions including rent, food, utilities, healthcare, and transportation.
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The ranking of the 8 most money-burning places in the United States has been released, with data sourced from official statistics.
Hawaii is far ahead: the average annual cost of living is $132,435, which is over $59k higher than the national average, with a cost index of 181.5 crushing other places.
Top 5 also includes:
- Massachusetts $104k (utility costs $17.9k, $3.4k higher than the national average)
- California $101.9k (driving costs are the highest, second only to Hawaii)
- Washington D.C. $109.2k (though not a state, it's too expensive not to make the list)
- Alaska $91.4k (medical expenses outrageous, 52% higher than the national average)
The small northeastern states are also fierce: Connecticut, New Hampshire, and Rhode Island have all made the list due to skyrocketing energy costs.
If you want to save money, these 8 places can help you save. The data is based on the 2022 official consumer spending survey, covering all dimensions including rent, food, utilities, healthcare, and transportation.