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.
Cost of Living Index (Excl. Rent) is a relative indicator of consumer goods prices, including groceries, restaurants, transportation and utilities. Cost of Living Index does not include accommodation expenses such as rent or mortgage. If a city has a Cost of Living Index of 120, it means Numbeo has estimated it is 20% more expensive than New York (excluding rent).
Please refer further to: https://www.numbeo.com/cost-of-living/cpi_explained.jsp for motivation and methodology.
All credits to https://www.numbeo.com .
This dataset would surely help socio-economic researchers to analyse and get deeper insights regarding the life of people country-wise.
Thanks to @andradaolteanu for the motivation! Upwards and onwards...
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The average for 2021 based on 165 countries was 79.81 index points. The highest value was in Bermuda: 212.7 index points and the lowest value was in Syria: 33.25 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.
https://www.icpsr.umich.edu/web/ICPSR/studies/8299/termshttps://www.icpsr.umich.edu/web/ICPSR/studies/8299/terms
This collection contains data obtained from families of wage earners or salaried workers in industrial locales scattered throughout the United States. The purpose of the survey was to estimate the cost of living of a "typical" American family. The completed questionnaires contain information about income sources and family expenditures including specific quantities and costs of food, housing, clothing, fuel, furniture, and miscellaneous household items for the calendar year. Demographic characteristics recorded for each household member include relationship to head, age, sex, occupation, weeks spent in the household and employed, wage rate, and total earnings.
Quality of life is a measure of comfort, health, and happiness by a person or a group of people. Quality of life is determined by both material factors, such as income and housing, and broader considerations like health, education, and freedom. Each year, US & World News releases its “Best States to Live in” report, which ranks states on the quality of life each state provides its residents. In order to determine rankings, U.S. News & World Report considers a wide range of factors, including healthcare, education, economy, infrastructure, opportunity, fiscal stability, crime and corrections, and the natural environment. More information on these categories and what is measured in each can be found below:
Healthcare includes access, quality, and affordability of healthcare, as well as health measurements, such as obesity rates and rates of smoking. Education measures how well public schools perform in terms of testing and graduation rates, as well as tuition costs associated with higher education and college debt load. Economy looks at GDP growth, migration to the state, and new business. Infrastructure includes transportation availability, road quality, communications, and internet access. Opportunity includes poverty rates, cost of living, housing costs and gender and racial equality. Fiscal Stability considers the health of the government's finances, including how well the state balances its budget. Crime and Corrections ranks a state’s public safety and measures prison systems and their populations. Natural Environment looks at the quality of air and water and exposure to pollution.
In 2024, the annual cost for a private room in an assisted living facility in the U.S. amounted to ****** U.S. dollars. However, costs varied greatly from one state to another. The most expensive states for a private room in assisted living was found in Hawaii, followed by Alaska and DC.
In 2023, the real median household income in the state of Alabama was 60,660 U.S. dollars. The state with the highest median household income was Massachusetts, which was 106,500 U.S. dollars in 2023. The average median household income in the United States was at 80,610 U.S. dollars.
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Cost of Living Index data was reported at 7,726.308 1913=1 in 2017. This records an increase from the previous number of 7,642.160 1913=1 for 2016. Cost of Living Index data is updated yearly, averaging 5.167 1913=1 from Dec 1861 (Median) to 2017, with 157 observations. The data reached an all-time high of 7,726.308 1913=1 in 2017 and a record low of 0.766 1913=1 in 1865. Cost of Living Index data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Italy – Table IT.I030: Cost of Living Index: 1913=1.
Find out how Australians feel about the increasing cost of living in our latest survey, as well as the latest data from the Cost of Living Index in 2024.
Of the most populous cities in the U.S., San Jose, California had the highest annual income requirement at ******* U.S. dollars annually for homeowners to have an affordable and comfortable life in 2024. This can be compared to Houston, Texas, where homeowners needed an annual income of ****** U.S. dollars in 2024.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Russia Living Cost: Average per Month data was reported at 10,213.000 RUB in Dec 2018. This records a decrease from the previous number of 10,451.000 RUB for Sep 2018. Russia Living Cost: Average per Month data is updated quarterly, averaging 3,050.000 RUB from Mar 1992 (Median) to Dec 2018, with 108 observations. The data reached an all-time high of 10,451.000 RUB in Sep 2018 and a record low of 1.423 RUB in Jun 1992. Russia Living Cost: Average per Month data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HF001: Living Cost.
Household income is a potential predictor for a number of environmental influences, for example, application of urban pesticides. This product is a U.S. conterminous mapping of block group income derived from the 2010-2014 Census American Community Survey (ACS), adjusted by a 2013 county-level Cost-of-Living index obtained from the Council for Community and Economic Research. The resultant raster is provided at 200-m spatial resolution, in units of adjusted household income in thousands of dollars per year.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Cost of Living Index data was reported at 1,960.000 Oct1951=100 in Nov 2018. This stayed constant from the previous number of 1,960.000 Oct1951=100 for Oct 2018. Cost of Living Index data is updated monthly, averaging 978.000 Oct1951=100 from Oct 1951 (Median) to Nov 2018, with 806 observations. The data reached an all-time high of 1,960.000 Oct1951=100 in Nov 2018 and a record low of 98.000 Oct1951=100 in Mar 1955. Cost of Living Index data remains active status in CEIC and is reported by Statistics Finland. The data is categorized under Global Database’s Finland – Table FI.I014: Cost of Living Index: October 1951=100.
The ACCRA Cost of Living Index (COLI) is a measure of living cost differences among urban areas compiled by the Council for Community and Economic Research. Conducted quarterly, the index compares the price of goods and services among approximately 300 communities in the United States and Canada. This Microsoft Excel file contains the average prices of goods and services published in the ACCRA Cost of Living Index since 1990.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Kazakhstan Cost of Living: Average per Capita data was reported at 28,620.000 KZT in Oct 2018. This records a decrease from the previous number of 28,690.000 KZT for Sep 2018. Kazakhstan Cost of Living: Average per Capita data is updated monthly, averaging 13,073.000 KZT from Oct 2000 (Median) to Oct 2018, with 217 observations. The data reached an all-time high of 29,146.000 KZT in Aug 2018 and a record low of 3,983.000 KZT in Oct 2000. Kazakhstan Cost of Living: Average per Capita data remains active status in CEIC and is reported by The Agency of Statistics of the Republic of Kazakhstan. The data is categorized under Global Database’s Kazakhstan – Table KZ.H012: Cost of Living: Average per Capita.
VITAL SIGNS INDICATOR Poverty (EQ5)
FULL MEASURE NAME The share of the population living in households that earn less than 200 percent of the federal poverty limit
LAST UPDATED December 2018
DESCRIPTION Poverty refers to the share of the population living in households that earn less than 200 percent of the federal poverty limit, which varies based on the number of individuals in a given household. It reflects the number of individuals who are economically struggling due to low household income levels.
DATA SOURCE U.S Census Bureau: Decennial Census http://www.nhgis.org (1980-1990) http://factfinder2.census.gov (2000)
U.S. Census Bureau: American Community Survey Form C17002 (2006-2017) http://api.census.gov
METHODOLOGY NOTES (across all datasets for this indicator) The U.S. Census Bureau defines a national poverty level (or household income) that varies by household size, number of children in a household, and age of householder. The national poverty level does not vary geographically even though cost of living is different across the United States. For the Bay Area, where cost of living is high and incomes are correspondingly high, an appropriate poverty level is 200% of poverty or twice the national poverty level, consistent with what was used for past equity work at MTC and ABAG. For comparison, however, both the national and 200% poverty levels are presented.
For Vital Signs, the poverty rate is defined as the number of people (including children) living below twice the poverty level divided by the number of people for whom poverty status is determined. Poverty rates do not include unrelated individuals below 15 years old or people who live in the following: institutionalized group quarters, college dormitories, military barracks, and situations without conventional housing. The household income definitions for poverty change each year to reflect inflation. The official poverty definition uses money income before taxes and does not include capital gains or noncash benefits (such as public housing, Medicaid, and food stamps). For the national poverty level definitions by year, see: https://www.census.gov/hhes/www/poverty/data/threshld/index.html For an explanation on how the Census Bureau measures poverty, see: https://www.census.gov/hhes/www/poverty/about/overview/measure.html
For the American Community Survey datasets, 1-year data was used for region, county, and metro areas whereas 5-year rolling average data was used for city and census tract.
To be consistent across metropolitan areas, the poverty definition for non-Bay Area metros is twice the national poverty level. Data were not adjusted for varying income and cost of living levels across the metropolitan areas.
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for Index of Prices Paid by Farmers for Commodities Used in Both Living and Production for United States (M04127USM319NNBR) from Jan 1925 to Jan 1967 about paid, production, commodities, price index, indexes, price, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Living Cost: Average per Month: FE: Chukotka Area data was reported at 23,999.000 RUB in Dec 2020. This records an increase from the previous number of 23,860.000 RUB for Sep 2020. Living Cost: Average per Month: FE: Chukotka Area data is updated quarterly, averaging 11,724.000 RUB from Jun 2003 (Median) to Dec 2020, with 71 observations. The data reached an all-time high of 23,999.000 RUB in Dec 2020 and a record low of 5,744.000 RUB in Dec 2003. Living Cost: Average per Month: FE: Chukotka Area data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HF001: Living Cost.
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.