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.

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.

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.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Lake County, FL (MWACL12069) from 2009 to 2023 about Lake County, FL; Orlando; adjusted; average; FL; wages; real; and USA.

YouTube and TikTok are the most popular social networks among Generation X for finding helpful content on the cost of living crisis in the United States in 2023. While 56 percent of YouTube users state they find helpful content there, it's 47 percent among TikTok users respectively.

The average for 2021 based on 20 countries was 97.17 index points. The highest value was in Bermuda: 212.7 index points and the lowest value was in Nicaragua: 49.42 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Denver County, CO (MWACL08031) from 2009 to 2023 about Denver County, CO; Denver; adjusted; CO; average; wages; real; and USA.

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.

The cost of living is spiraling. Prices are going up, household expenses are rising, and the U.S. inflation rate reached a 40-year record high in 2023. Many consumers are looking for new ways to deal with this situation and refer to social media for support. So, which social media platforms have the most helpful content to deal with the current cost of living crisis in the U.S.? According to an exclusive survey by We Are Social and Statista Q, around 61 percent of TikTok users in the United States find helpful content there. Coming on number second is YouTube, as 56 percent of YouTube users find life hacks, tricks, money saving tips and other suitable advice to deal with inflation in 2023.

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.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for St. Louis city, MO (MWACL29510) from 2009 to 2023 about St. Louis City, MO; St. Louis; adjusted; MO; average; wages; real; and USA.

This statistic shows the average increase in cost to live alone in one- to three- bedroom rental units in the United States in 2017, by state. Georgia was the most expensive state in which to rent alone, as it cost on average 136.2 percent more to live alone there than with roommates.

Around 64 percent of U.S. consumers spend less on non-essentials amidst the ongoing cost of living crisis in 2023. This is according to a survey conducted by We are Social and Statista Q, which shows that rising inflation rates have caused around a similar percentage of customers to pay more attention to bargains, good deals, or offers (when going shopping). Furthermore, around 39 percent of U.S. consumers do not go out for dinner/lunch anymore to deal with the situation.

We use a dataset with prices and spending on consumer packaged goods matched at the barcode-level across the US and Mexico to measure the price index in Mexico relative to the US. Mexican prices relative to the US are 23% lower compared to the International Comparisons Project's (ICP) price index. We decompose the 23% gap into the biases from imputation, sampling, quality, and variety. Quality bias increases Mexican prices by 48%. Imputation, sampling, and variety bias lowers Mexican prices by 11%, 13%, and 33%, respectively.

Detailed cost of living comparison between United States and United States

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for York County, ME (MWACL23031) from 2009 to 2023 about York County, ME; Portland; ME; adjusted; average; wages; real; and USA.

These data were gathered in order to determine the cost of living as well as the cost of production in selected industries in the United States and several Western European countries. The study is comprised of nine industries (cotton and woolen textiles, glass, pig iron, bar iron, steel, bituminous coal, coke, and iron ore) and contains family-level information on the household composition, income and expenditures of workers in these industries. Additional topics covered include sources of income, ages and sex of children, detailed occupation of the household head, detailed expenditures for food as well as nonfood items, and characteristics of the family's dwelling units.

According to an April 2023 survey by We Are Social and Statista Q, 40 percent of U.S. consumers feel highly affected by the ongoing cost of living crisis, whereas only 6 percent don't feel affected at all.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Davidson County, TN (MWACL47037) from 2009 to 2023 about Davidson County, TN; Nashville; adjusted; TN; average; wages; real; and USA.

Detailed cost of living comparison between United States and Colombia