West Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to **** — well below the national benchmark of 100. Virginia— which had an index value of ***** — was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California. Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately ******* U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than ******* U.S. dollars. That makes living expenses in these states significantly lower than in states such as Hawaii and California, where housing is much pricier. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded *** U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.

In 2024, Singapore's cost of living index was at ****, compared to that of New York City as a base of 100. This meant that Singapore was about ** percent more affordable than New York City. With a local purchasing power index of ***, residents with an average salary in Singapore are able to afford more goods and services compared to the base city of New York City. In that year, Singapore had the highest cost of living index in Asia.

In 2024, Japanese households, including workers' and non-workers' households, spent on average about ****** Japanese yen per month on housing. Housing expenditures also included costs for maintenance and repairs. The annual average of monthly expenditures of households on housing remained at the level of the previous year.

The City of Toronto monitors food affordability every year using the Ontario Nutritious Food Basket (ONFB) costing tool. Food prices, among other essential needs, have increased considerably in the last several years. People receiving social assistance and earning low wages often do not have enough money to cover the cost of basic expenses, including food. As such, ONFB data is best used to assess the cost of living in Toronto by analyzing food affordability in relation to income, alongside other local basic expenses. The dataset describes the affordability of food and other basic expenses relative to income for 13 household scenarios. Scenarios were selected to reflect household characteristics that increase the risk of being food insecure, including reliance on social assistance as the main source of income, single-parent households, and rental housing. A median income scenario has also been included as a comparator. Income, including federal and provincial tax benefits, and the cost of four basic living expenses - rent food, childcare, and transportation - are estimated for each scenario. Results show the estimated amount of money remaining at the end of the month for each household. Three versions of the scenarios were created to describe: Income scenarios with subsidies: Subsidies can substantially reduce a households’ monthly expenses. Local subsidies for rent (Rent-Geared-to-Income), childcare (Childcare Fee Subsidy), and transit (Fair Pass) are accounted for in this file. Income scenarios without subsidies + average market rent: In this file, rental costs are based on average market rent, as measured by the Canadian Mortgage and Housing Corporation (CMHC). Income scenarios without subsidies + current market rent: Rental costs are based on current market rent (as of October 2023), as measured by the Toronto Regional Real Estate Board (TRREB). All values are rounded to the nearest dollar.

This dataset provides an analysis of average monthly prices for four essential food items, namely Eggs, Milk, Bread, and Potatoes, in five different countries: Australia, Japan, Canada, South Africa, and Sweden. The dataset spans a five-year period, from 2018 to 2022, offering a comprehensive overview of how food prices have evolved over time in these nations.

The dataset includes information on the average monthly prices of each food item in the respective countries. This information can be valuable for studying and comparing the cost of living, assessing economic trends, and understanding variations in food price dynamics across different regions.

Use Cases:

Comparative Analysis: Researchers and analysts can compare food prices across the five countries over the five-year period to identify patterns, trends, and variations. This analysis can help understand differences in purchasing power and economic factors impacting food costs.

Cost of Living Studies: The dataset can be used to examine the cost of living in different countries, specifically focusing on the expenses related to basic food items. This information can be beneficial for individuals considering relocation or policymakers aiming to evaluate living standards.

Economic Studies: Economists and policymakers can utilize this dataset to analyze the impact of economic factors, such as inflation or currency fluctuations, on food prices in different countries. It can provide insights into the stability and volatility of food markets in each region.

Forecasting and Planning: Businesses in the food industry can leverage the dataset to forecast future food price trends and plan their operations accordingly. The historical data can serve as a foundation for predictive models and assist in optimizing pricing strategies and supply chain management.

Note: The dataset is based on average monthly prices and does not capture individual variations or specific regions within each country. Further analysis and interpretation should consider additional factors like seasonal influences, local market dynamics, and consumer preferences.

The average for 2021 based on 10 countries was 59.91 index points. The highest value was in Singapore: 118.34 index points and the lowest value was in India: 40.44 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

As of September 2024, Mumbai had the highest cost of living among other cities in the country, with an index value of ****. Gurgaon, a satellite city of Delhi and part of the National Capital Region (NCR) followed it with an index value of ****.  What is cost of living? The cost of living varies depending on geographical regions and factors that affect the cost of living in an area include housing, food, utilities, clothing, childcare, and fuel among others. The cost of living is calculated based on different measures such as the consumer price index (CPI), living cost indexes, and wage price index. CPI refers to the change in the value of consumer goods and services. The wage price index, on the other hand, measures the change in labor services prices due to market pressures. Lastly, the living cost indexes calculate the impact of changing costs on different households. The relationship between wages and costs determines affordability and shifts in the cost of living. Mumbai tops the list Mumbai usually tops the list of most expensive cities in India. As the financial and entertainment hub of the country, Mumbai offers wide opportunities and attracts talent from all over the country. It is the second-largest city in India and has one of the most expensive real estates in the world.

The average for 2021 based on 11 countries was 67.5 index points. The highest value was in Uruguay: 100.24 index points and the lowest value was in Suriname: 43.15 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

This statistic shows the most affordable metro areas in the Unites States in 2017, by share of income spent on living expenses. In 2017, Omaha was the second most affordable metro area because ***** percent of the median blending annual household income was spent on the average cost of owning or renting a home as well the average cost of utilities and taxes.

There is more to housing affordability than the rent or mortgage you pay. Transportation costs are the second-biggest budget item for most families, but it can be difficult for people to fully factor transportation costs into decisions about where to live and work. The Location Affordability Index (LAI) is a user-friendly source of standardized data at the neighborhood (census tract) level on combined housing and transportation costs to help consumers, policymakers, and developers make more informed decisions about where to live, work, and invest. Compare eight household profiles (see table below) —which vary by household income, size, and number of commuters—and see the impact of the built environment on affordability in a given location while holding household demographics constant.*$11,880 for a single person household in 2016 according to US Dept. of Health and Human Services: https://aspe.hhs.gov/computations-2016-poverty-guidelinesThis layer is symbolized by the percentage of housing and transportation costs as a percentage of income for the Median-Income Family profile, but the costs as a percentage of income for all household profiles are listed in the pop-up:Also available is a gallery of 8 web maps (one for each household profile) all symbolized the same way for easy comparison: Median-Income Family, Very Low-Income Individual, Working Individual, Single Professional, Retired Couple, Single-Parent Family, Moderate-Income Family, and Dual-Professional Family.An accompanying story map provides side-by-side comparisons and additional context.--Variables used in HUD's calculations include 24 measures such as people per household, average number of rooms per housing unit, monthly housing costs (mortgage/rent as well as utility and maintenance expenses), average number of cars per household, median commute distance, vehicle miles traveled per year, percent of trips taken on transit, street connectivity and walkability (measured by block density), and many more.To learn more about the Location Affordability Index (v.3) visit: https://www.hudexchange.info/programs/location-affordability-index/. There you will find some background and an FAQ page, which includes the question:"Manhattan, San Francisco, and downtown Boston are some of the most expensive places to live in the country, yet the LAI shows them as affordable for the typical regional household. Why?" These areas have some of the lowest transportation costs in the country, which helps offset the high cost of housing. The area median income (AMI) in these regions is also high, so when costs are shown as a percent of income for the typical regional household these neighborhoods appear affordable; however, they are generally unaffordable to households earning less than the AMI.Date of Coverage: 2012-2016 Date Released: March 2019Date Downloaded from HUD Open Data: 4/18/19Further Documentation:LAI Version 3 Data and MethodologyLAI Version 3 Technical Documentation_**The documentation below is in reference to this items placement in the NM Supply Chain Data Hub. The documentation is of use to understanding the source of this item, and how to reproduce it for updates**

Title: Location Affordability Index - NMCDC Copy

Summary: This layer contains the Location Affordability Index from U.S. Dept. of Housing and Urban Development (HUD) - standardized household, housing, and transportation cost estimates by census tract for 8 household profiles.

Notes: This map is copied from source map: https://nmcdc.maps.arcgis.com/home/item.html?id=de341c1338c5447da400c4e8c51ae1f6, created by dianaclavery_uo, and identified in Living Atlas.

Prepared by: dianaclavery_uo, copied by EMcRae_NMCDC

Source: This map is copied from source map: https://nmcdc.maps.arcgis.com/home/item.html?id=de341c1338c5447da400c4e8c51ae1f6, created by dianaclavery_uo, and identified in Living Atlas. Check the source documentation or other details above for more information about data sources.

Feature Service: https://nmcdc.maps.arcgis.com/home/item.html?id=447a461f048845979f30a2478b9e65bb

UID: 73

Data Requested: Family income spent on basic need

Method of Acquisition: Search for Location Affordability Index in the Living Atlas. Make a copy of most recent map available. To update this map, copy the most recent map available. In a new tab, open the AGOL Assistant Portal tool and use the functions in the portal to copy the new maps JSON, and paste it over the old map (this map with item id

Date Acquired: Map copied on May 10, 2022

Priority rank as Identified in 2022 (scale of 1 being the highest priority, to 11 being the lowest priority): 6

Tags: PENDING

This table contains data on the percent of households paying more than 30% (or 50%) of monthly household income towards housing costs for California, its regions, counties, cities/towns, and census tracts. Data is from the U.S. Department of Housing and Urban Development (HUD), Consolidated Planning Comprehensive Housing Affordability Strategy (CHAS) and the U.S. Census Bureau, American Community Survey (ACS). The table is part of a series of indicators in the [Healthy Communities Data and Indicators Project of the Office of Health Equity] Affordable, quality housing is central to health, conferring protection from the environment and supporting family life. Housing costs—typically the largest, single expense in a family's budget—also impact decisions that affect health. As housing consumes larger proportions of household income, families have less income for nutrition, health care, transportation, education, etc. Severe cost burdens may induce poverty—which is associated with developmental and behavioral problems in children and accelerated cognitive and physical decline in adults. Low-income families and minority communities are disproportionately affected by the lack of affordable, quality housing. More information about the data table and a data dictionary can be found in the Attachments.

This table contains data on the living wage and the percent of families with incomes below the living wage for California, its counties, regions and cities/towns. Living wage is the wage needed to cover basic family expenses (basic needs budget) plus all relevant taxes; it does not include publicly provided income or housing assistance. The percent of families below the living wage was calculated using data from the Living Wage Calculator and the U.S. Census Bureau, American Community Survey. The table is part of a series of indicators in the Healthy Communities Data and Indicators Project of the Office of Health Equity. The living wage is the wage or annual income that covers the cost of the bare necessities of life for a worker and his/her family. These necessities include housing, transportation, food, childcare, health care, and payment of taxes. Low income populations and non-white race/ethnic have disproportionately lower wages, poorer housing, and higher levels of food insecurity. More information about the data table and a data dictionary can be found in the About/Attachments section.

Survey of Household Spending (SHS), average household spending on detailed food categories.

Alaska, Hawaii, and Connecticut were the states with the highest average monthly utility costs in the United States in 2023. Residents paid about ****** U.S. dollars for their electricity bills in Hawaii, while the average monthly bill for natural gas came to *** U.S. dollars. This was significantly higher than in any other state. Bigger homes have higher utility costs Despite regional variations, single-family homes in the United States have grown bigger in size since 1975. This trend also means that, unless homeowners invest in energy savings measures, they will have to pay more for their utility costs. Which are the most affordable states to live in? According to the cost of living index, the three most affordable states to live in are Mississippi, Kansas, and Oklahoma. At the other end of the scale are Hawaii, District of Columbia, and New York. The index is based on housing, utilities, grocery items, transportation, health care, and miscellaneous goods and services. To buy a median priced home in Kansas City, a prospective home buyer will have to earn an annual salary of about ****** U.S. dollars.

In 2006, the average monthly shelter cost for renter households was $728 and for owner households it was $998. For owners without a mortgage it was lower at $455 and for owners with a mortgage it was higher at $1393. Shelter costs are the average monthly total of all shelter expenses paid by households to secure shelter. Shelter costs for owners may include the mortgage payment, property taxes, condominium fees and the costs of electricity, heat and municipal services. Shelter costs for renters may include rent and the costs of electricity, heat and municipal services. The map shows by census subdivision the average owner’s major (monthly) payments on shelter costs for households without a mortgage.

Homeowners’ association fees were the largest monthly maintenance costs for American homeowners in 2017 and amounted to *** U.S. dollars. Property taxes, utility bills, and repairs and general maintenance costs were the next biggest maintenance costs in that year. Homeowners’ associations are organizations which make and enforce rules in the subdivision, condominium or planned housing community. Membership is a condition for buying a home within the community.

The rise of homeowners’ associations The number of residents who were part of community associations is rising year-on-year. About ** percent of these community associations are homeowners’ associations, whereas the remainder are condo communities or cooperatives. The volume of community associations is also increasing across the country.

Property taxes Property taxes vary between states with the highest effective rates at over two percent and the lowest coming in at less than one percent. The states with the highest property tax rates are predominantly located on the east coast, whereas the states with property tax rates of less than one percent are mostly southern states.

The housing average monthly expenditure in Italy in 2019 differed greatly depending on the region. According to the data, the highest average monthly expenditure for housing was registered in the Autonomous province of Bolzano, where it amounted to 425 euros. Conversely, the lowest expenditure for housing was reported in the region of Molise, where it was equal to 221 euros.

This chart shows the monthly housing cost expenses for renters. Gross rent is the agreed upon rent plus the estimated average monthly cost of utilities (electricity, gas, and water and sewer) and fuels (oil, coal, kerosene, wood, etc.) if these are paid by the renter.

This chart shows the monthly housing cost expenses for renters. Gross rent is the agreed upon rent plus the estimated average monthly cost of utilities (electricity, gas, and water and sewer) and fuels (oil, coal, kerosene, wood, etc.) if these are paid by the renter.

Monthly average retail prices for food, household supplies, personal care items, cigarettes and gasoline. Prices are presented for the current month and previous four months. Prices are in Canadian current dollars.