33 datasets found
  1. Cost of living index in the U.S. 2024, by state

    • statista.com
    Updated Feb 3, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Cost of living index in the U.S. 2024, by state [Dataset]. https://www.statista.com/statistics/1240947/cost-of-living-index-usa-by-state/
    Explore at:
    Dataset updated
    Feb 3, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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 84.8 - well below the national benchmark of 100. Nevada - which had an index value of 100.1 - 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 427,000 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 200,000 U.S. dollars. That makes living costs in these states significantly lower than in states such as Hawaii and California, where housing is much more expensive. 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 500 U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.

  2. Average Household Income in the United States

    • dbechard-open-data-gisanddata.hub.arcgis.com
    Updated Jun 26, 2018
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Esri (2018). Average Household Income in the United States [Dataset]. https://dbechard-open-data-gisanddata.hub.arcgis.com/maps/6d7b0a1dcad847be820c3d1424f79dd8
    Explore at:
    Dataset updated
    Jun 26, 2018
    Dataset authored and provided by
    Esrihttp://esri.com/
    Area covered
    Description

    Important Note: This item is in mature support as of June 2023 and will be retired in December 2025. This map shows the average household income in the U.S. in 2022 in a multiscale map by country, state, county, ZIP Code, tract, and block group. Information for the average household income is an estimate of income for calendar year 2022. Income amounts are expressed in current dollars, including an adjustment for inflation or cost-of-living increases.The pop-up is configured to include the following information for each geography level:Average household incomeMedian household incomeCount of households by income groupAverage household income by householder age groupPermitted use of this data is covered in the DATA section of the Esri Master Agreement (E204CW) and these supplemental terms.

  3. U.S. median household income 2023, by state

    • statista.com
    Updated Sep 16, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2024). U.S. median household income 2023, by state [Dataset]. https://www.statista.com/statistics/233170/median-household-income-in-the-united-states-by-state/
    Explore at:
    Dataset updated
    Sep 16, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    United States
    Description

    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.

  4. How expensive are living costs in your area?

    • hrtc-oc-cerf.hub.arcgis.com
    Updated Aug 29, 2019
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Urban Observatory by Esri (2019). How expensive are living costs in your area? [Dataset]. https://hrtc-oc-cerf.hub.arcgis.com/maps/233d208f9ccc41c6b8e6109d3876dee5
    Explore at:
    Dataset updated
    Aug 29, 2019
    Dataset provided by
    Esrihttp://esri.com/
    Authors
    Urban Observatory by Esri
    Area covered
    Description

    This map shows how expensive an area is based on a score determined by education, healthcare, housing, food, and transportation spending. A higher score means more is spent on living expenses. Areas in orange-red are more expensive while areas in yellow-blue are less expensive. Size is the total amount spent (in $) for all 5 categories.Data is available from state to tract level from Esri's updated demographics.

  5. House-price-to-income ratio in selected countries worldwide 2023

    • statista.com
    • flwrdeptvarieties.store
    Updated Mar 5, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). House-price-to-income ratio in selected countries worldwide 2023 [Dataset]. https://www.statista.com/statistics/237529/price-to-income-ratio-of-housing-worldwide/
    Explore at:
    Dataset updated
    Mar 5, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    Worldwide
    Description

    Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2023. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 117.5 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

  6. Cheapest and most expensive countries to live in Latin America 2023

    • statista.com
    Updated Jul 5, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2024). Cheapest and most expensive countries to live in Latin America 2023 [Dataset]. https://www.statista.com/statistics/1375636/cheapest-most-expensive-countries-latin-america/
    Explore at:
    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 2023
    Area covered
    Latin America, Americas, LAC
    Description

    According to a recent study, Colombia had the lowest monthly cost of living in Latin America with 546 U.S. dollars needed for basic living. In contrast, four countries had a cost of living above one thousand dollars, Costa Rica, Chile, Panama and Uruguay. In 2022, the highest minimum wage in the region was recorded by Ecuador with 425 dollars per month.

    Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 22 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2022, the average net monthly salary in Brazil was lower than Ecuador's minimum wage.

    What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work more than two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

  7. Living Wage

    • data.ca.gov
    pdf, xlsx, zip
    Updated Aug 29, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Living Wage [Dataset]. https://data.ca.gov/dataset/living-wage
    Explore at:
    zip, xlsx, pdfAvailable download formats
    Dataset updated
    Aug 29, 2024
    Dataset authored and provided by
    California Department of Public Healthhttps://www.cdph.ca.gov/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    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.

  8. State

    • atlas-connecteddmv.hub.arcgis.com
    Updated Aug 29, 2022
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Esri (2022). State [Dataset]. https://atlas-connecteddmv.hub.arcgis.com/datasets/esri::state-136
    Explore at:
    Dataset updated
    Aug 29, 2022
    Dataset authored and provided by
    Esrihttp://esri.com/
    Area covered
    Description

    The County Health Rankings, a collaboration between the Robert Wood Johnson Foundation and the University of Wisconsin Population Health Institute, measure the health of nearly all counties in the nation and rank them within states. This feature layer contains 2022 County Health Rankings data for nation, state, and county levels. The Rankings are compiled using county-level measures from a variety of national and state data sources. Some example measures are:adult smokingphysical inactivityflu vaccinationschild povertydriving alone to workTo see a full list of variables, as well as their definitions and descriptions, explore the Fields information by clicking the Data tab here in the Item Details. These measures are standardized and combined using scientifically-informed weights."By ranking the health of nearly every county in the nation, County Health Rankings & Roadmaps (CHR&R) illustrates how where we live affects how well and how long we live. CHR&R also shows what each of us can do to create healthier places to live, learn, work, and play – for everyone."Counties are ranked within their state on both health outcomes and health factors. Counties with a lower (better) health outcomes ranking than health factors ranking may see the health of their county decline in the future, as factors today can result in outcomes later. Conversely, counties with a lower (better) factors ranking than outcomes ranking may see the health of their county improve in the future.Some new variables in the 2022 Rankings data compared to previous versions:COVID-19 age-adjusted mortalitySchool segregationSchool funding adequacyGender pay gapChildcare cost burdenChildcare centersLiving wage (while the Living wage measure was introduced to the CHRR dataset in 2022 from the Living Wage Calculator, it is not available in the Living Atlas dataset and user’s interested in the most up to date living wage data can look that up on the Living Wage Calculator website).Data Processing Notes:Data downloaded April 2022Slight modifications made to the source data are as follows:The string " raw value" was removed from field labels/aliases so that auto-generated legends and pop-ups would only have the measure's name, not "(measure's name) raw value" and strings such as "(%)", "rate", or "per 100,000" were added depending on the type of measure.Percentage and Prevalence fields were multiplied by 100 to make them easier to work with in the map.Ratios were set to null if negative to make them easier to work with in the map.For demographic variables, the word "numerator" was removed and the word "population" was added where appropriate.Fields dropped from analytic data file: yearall fields ending in "_cihigh" and "_cilow"and any variables that are not listed in the sources and years documentation.Analytic data file was then merged with state-specific ranking files so that all county rankings and subrankings are included in this layer.2010 US boundaries were used as the data contain 2010 US census geographies, for a total of 3,142 counties.

  9. U.S. real per capita GDP 2023, by state

    • statista.com
    Updated Jul 5, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2024). U.S. real per capita GDP 2023, by state [Dataset]. https://www.statista.com/statistics/248063/per-capita-us-real-gross-domestic-product-gdp-by-state/
    Explore at:
    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    United States
    Description

    Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

  10. ACS 5YR Socioeconomic Estimate Data by County

    • hudgis-hud.opendata.arcgis.com
    • data.lojic.org
    • +2more
    Updated Aug 21, 2023
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Department of Housing and Urban Development (2023). ACS 5YR Socioeconomic Estimate Data by County [Dataset]. https://hudgis-hud.opendata.arcgis.com/datasets/14955f08e00445929cbc403e9ff13628
    Explore at:
    Dataset updated
    Aug 21, 2023
    Dataset provided by
    United States Department of Housing and Urban Developmenthttp://www.hud.gov/
    Authors
    Department of Housing and Urban Development
    Area covered
    Pacific Ocean, North Pacific Ocean
    Description

    The American Community Survey (ACS) 5 Year 2016-2020 socioeconomic estimate data is a subset of information derived from the following census tables:B08013 - Aggregate Travel Time To Work Of Workers By Sex;B08303 - Travel Time To Work;B17019 - Poverty Status In The Past 12 Months Of Families By Household Type By Tenure;B17021 - Poverty Status Of Individuals In The Past 12 Months By Living Arrangement;B19001 - Household Income In The Past 12 Months;B19013 - Median Household Income In The Past 12 Months;B19025 - Aggregate Household Income In The Past 12 Months;B19113 - Median Family Income In The Past 12 Months;B19202 - Median Non-family Household Income In The Past 12 Months;B23001 - Sex By Age By Employment Status For The Population 16 Years And Over;B25014 - Tenure By Occupants Per Room;B25026 - Total Population in Occupied Housing Units by Tenure by year Householder Moved into Unit;B25106 - Tenure By Housing Costs As A Percentage Of Household Income In The Past 12 Months;C24010 - Sex By Occupation For The Civilian Employed Population 16 Years And Over;B20004 - Median Earnings In the Past 12 Months (In 2015 Inflation-Adjusted Dollars) by Sex by Educational Attainment for the Population 25 Years and Over;B23006 - Educational Attainment by Employment Status for the Population 25 to 64 Years, and;B24021 - Occupation By Median Earnings In The Past 12 Months (In 2015 Inflation-Adjusted Dollars) For The Full-Time, Year-Round Civilian Employed Population 16 Years And Over.

    To learn more about the American Community Survey (ACS), and associated datasets visit: https://www.census.gov/programs-surveys/acs, for questions about the spatial attribution of this dataset, please reach out to us at GISHelpdesk@hud.gov. Data Dictionary: DD_ACS 5-Year Socioeconomic Estimate Data by CountyDate of Coverage: 2016-2020

  11. F

    Consumer Price Index for All Urban Consumers: Rent of Primary Residence in...

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    (2025). Consumer Price Index for All Urban Consumers: Rent of Primary Residence in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CUUR0000SEHA
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Consumer Price Index for All Urban Consumers: Rent of Primary Residence in U.S. City Average (CUUR0000SEHA) from Dec 1914 to Feb 2025 about primary, rent, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

  12. O

    Choose Maryland: Compare Counties - Quality Of Life

    • opendata.maryland.gov
    • catalog.data.gov
    • +1more
    application/rdfxml +5
    Updated Mar 6, 2019
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Maryland Department of Commerce (2019). Choose Maryland: Compare Counties - Quality Of Life [Dataset]. https://opendata.maryland.gov/Housing/Choose-Maryland-Compare-Counties-Quality-Of-Life/dyym-bjv4
    Explore at:
    tsv, csv, json, application/rdfxml, application/rssxml, xmlAvailable download formats
    Dataset updated
    Mar 6, 2019
    Dataset authored and provided by
    Maryland Department of Commerce
    Area covered
    Maryland
    Description

    Key quality of life indicators - cost index, housing.

  13. d

    Census ACS 2014 WMS

    • catalog.data.gov
    Updated Dec 3, 2020
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    (2020). Census ACS 2014 WMS [Dataset]. https://catalog.data.gov/dataset/census-acs-2014-wms
    Explore at:
    Dataset updated
    Dec 3, 2020
    Description

    This web mapping service contains data from the American Community Survey (ACS), which is an ongoing survey that provides data every year in order to give communities the current information they need to plan investments and services. Information from the survey generates data that help determine how more than $400 billion in federal and state funds are distributed each year. This survey contains information about the age, sex, race, family and relationships, income and benefits, health insurance, education, veteran status, disabilities and the cost of living of the communities surveyed. The Census ACS 2014 WMS web mapping service contains data as of January 1, 2014.

  14. Consumer Price Index by geography, all-items, monthly, percentage change,...

    • www150.statcan.gc.ca
    Updated Mar 18, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Government of Canada, Statistics Canada (2025). Consumer Price Index by geography, all-items, monthly, percentage change, not seasonally adjusted, Canada, provinces, Whitehorse, Yellowknife and Iqaluit [Dataset]. http://doi.org/10.25318/1810000401-eng
    Explore at:
    Dataset updated
    Mar 18, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    Monthly indexes and percentage changes for all components and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.

  15. d

    Western Australia Regional Price Index - Datasets - data.wa.gov.au

    • catalogue.data.wa.gov.au
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Western Australia Regional Price Index - Datasets - data.wa.gov.au [Dataset]. https://catalogue.data.wa.gov.au/dataset/regional-price-index-western-australia
    Explore at:
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Australia, Western Australia
    Description

    The Regional Price Index contrasts the cost of a common basket of goods and services at a number of regional locations to the Perth metropolitan area. The RPIs were commissioned to assist with the calculation of the Western Australian State Government’s regional district allowance, and it has been used to assist in policy decision-making. Show full description

  16. Average monthly apartment rent in the U.S. 2017-2025, by apartment size

    • statista.com
    • flwrdeptvarieties.store
    Updated Feb 6, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Average monthly apartment rent in the U.S. 2017-2025, by apartment size [Dataset]. https://www.statista.com/statistics/1063502/average-monthly-apartment-rent-usa/
    Explore at:
    Dataset updated
    Feb 6, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2017 - Jan 2025
    Area covered
    United States
    Description

    The average monthly rent for all apartment types in the U.S. soared in 2021 and 2022, followed by a slight decline in the next two years. In January 2025, the monthly rent for a two-bedroom apartment amounting to 1,356 U.S. dollars. That was an increase from 1,136 U.S. dollars in January 2021 but a decline from the peak value of 1,427 U.S. dollars in August 2022. Where are the most expensive apartments in the U.S.? Apartment rents vary widely from state to state. To afford a two-bedroom apartment in California, for example, a renter needed to earn an average hourly wage of nearly 42 U.S. dollars, which was approximately double the average wage in North Carolina and three times as much as the average wage in Arkansas. In fact, rental costs were considerably higher than the hourly minimum wage in all U.S. states. How did rents change in different states in the U.S.? In 2024, some of the most expensive states to rent an apartment only saw a moderate increase in rental prices. Nevertheless, rents increased in most states as of January 2025. In West Virginia, the annual rental growth was the highest, at seven percent.

  17. Quality of life index: score by category in Europe 2025

    • statista.com
    • flwrdeptvarieties.store
    Updated Jan 8, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Quality of life index: score by category in Europe 2025 [Dataset]. https://www.statista.com/statistics/1541464/europe-quality-life-index-by-category/
    Explore at:
    Dataset updated
    Jan 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2025
    Area covered
    Europe
    Description

    Luxembourg stands out as the European leader in quality of life for 2025, achieving a score of 220 on the Quality of Life Index. The Netherlands follows closely behind with 211 points, while Albania and Ukraine rank at the bottom with scores of 104 and 115 respectively. This index provides a thorough assessment of living conditions across Europe, reflecting various factors that shape the overall well-being of populations and extending beyond purely economic metrics. Understanding the quality of life index The quality of life index is a multifaceted measure that incorporates factors such as purchasing power, pollution levels, housing affordability, cost of living, safety, healthcare quality, traffic conditions, and climate, to measure the overall quality of life of a Country. Higher overall index scores indicate better living conditions. However, in subindexes such as pollution, cost of living, and traffic commute time, lower values correspond to improved quality of life. Challenges affecting life satisfaction Despite the fact that European countries register high levels of life quality by for example leading the ranking of happiest countries in the world, life satisfaction across the European Union has been on a downward trend since 2018. The EU's overall life satisfaction score dropped from 7.3 out of 10 in 2018 to 7.1 in 2022. This decline can be attributed to various factors, including the COVID-19 pandemic and economic challenges such as high inflation. Rising housing costs, in particular, have emerged as a critical concern, significantly affecting quality of life. This issue has played a central role in shaping voter priorities for the European Parliamentary Elections in 2024 and becoming one of the most pressing challenges for Europeans, profoundly influencing both daily experiences and long-term well-being.

  18. Price level index comparison 2022, by country

    • statista.com
    Updated Feb 7, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Price level index comparison 2022, by country [Dataset]. https://www.statista.com/statistics/426431/price-level-index-comparison-imf-and-world-bank-by-country/
    Explore at:
    Dataset updated
    Feb 7, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2022
    Area covered
    Worldwide
    Description

    As of 2022, Israel had the highest price level index among listed countries, amounting to 138, with 100 being the average of OECD countries. Switzerland and Iceland followed on the places behind. On the other hand, Turkey and India had the lowest price levels compared to the OECD average. This price index shows differences in price levels in different countries. Another very popular index indicating the value of money is the Big Mac index, showing how much a Big Mac costs in different countries. This list was also topped by Switzerland in 2023.

  19. Average price per square meter of an apartment in Europe 2024, by city

    • statista.com
    • flwrdeptvarieties.store
    Updated Nov 18, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2024). Average price per square meter of an apartment in Europe 2024, by city [Dataset]. https://www.statista.com/statistics/1052000/cost-of-apartments-in-europe-by-city/
    Explore at:
    Dataset updated
    Nov 18, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Europe
    Description

    Geneva, Switzerland, was the most expensive city to buy an apartment in Europe in the first quarter of 2024. The square meter price in Geneva was nearly 15,650 euros in that quarter, about 2,000 euros higher than the second city in the ranking, Zurich. Cost of rent Rents across the major cities in Europe increased significantly in 2023. One of the main factors driving high rents across European cities is the same as any other consumer-driven business. If demand outweighs supply, prices will inflate. The drive for high paid professionals to be located centrally in prime locations, mixed with the low levels of available space, high land, and construction costs, all help keep rental prices increasing. Mortgage rates The average mortgage interest rates across Europe in 2023 were all under five percent, except in Czechia, Romania, Hungary, and Poland. On an individual level, a difference of one percent would most likely mean thousands of euros in interest on the mortgage a person is paying, making timing key in house purchasing. Mortgage interest rates tend to be lower in Nordic countries due to the financial stability and reliability of its borrowers. Other factors that influence the mortgage interest rates include inflation, economic growth, monetary policies, the bond market and the overall conditions of the housing market. More stable markets also tend to have higher average prices.

  20. Average residential real estate square meter prices in Europe 2023, by...

    • statista.com
    Updated Sep 3, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2024). Average residential real estate square meter prices in Europe 2023, by country [Dataset]. https://www.statista.com/statistics/722905/average-residential-square-meter-prices-in-eu-28-per-country/
    Explore at:
    Dataset updated
    Sep 3, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    Europe
    Description

    The average transaction price of new housing in Europe was the highest in Norway, whereas existing homes were the most expensive in Austria. Since there is no central body that collects and tracks transaction activity or house prices across the whole continent or the European Union, not all countries are included. To compile the ranking, the source weighed the transaction prices of residential properties in the most important cities in each country based on data from their national offices. For example, in Germany, the cities included were Munich, Hamburg, Frankfurt, and Berlin. House prices have been soaring, with Sweden topping the ranking Considering the RHPI of houses in Europe (the price index in real terms, which measures price changes of single-family properties adjusted for the impact of inflation), however, the picture changes. Sweden, Luxembourg and Norway top this ranking, meaning residential property prices have surged the most in these countries. Real values were calculated using the so-called Personal Consumption Expenditure Deflator (PCE), This PCE uses both consumer prices as well as consumer expenditures, like medical and health care expenses paid by employers. It is meant to show how expensive housing is compared to the way of living in a country. Home ownership highest in Eastern Europe The home ownership rate in Europe varied from country to country. In 2020, roughly half of all homes in Germany were owner-occupied whereas home ownership was at nearly 97 percent in Romania or around 90 percent in Slovakia and Lithuania. These numbers were considerably higher than in France or Italy, where homeowners made up 65 percent and 72 percent of their respective populations.For more information on the topic of property in Europe, visit the following pages as a starting point for your research: real estate investments in Europe and residential real estate in Europe.

Share
FacebookFacebook
TwitterTwitter
Email
Click to copy link
Link copied
Close
Cite
Statista (2025). Cost of living index in the U.S. 2024, by state [Dataset]. https://www.statista.com/statistics/1240947/cost-of-living-index-usa-by-state/
Organization logo

Cost of living index in the U.S. 2024, by state

Explore at:
2 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Feb 3, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

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 84.8 - well below the national benchmark of 100. Nevada - which had an index value of 100.1 - 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 427,000 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 200,000 U.S. dollars. That makes living costs in these states significantly lower than in states such as Hawaii and California, where housing is much more expensive. 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 500 U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.

Search
Clear search
Close search
Google apps
Main menu