Thumbnail Image by macrovector_official on Freepik

Missouri Economic Research and Information Center (MERIC) derives the cost of living index for each state by averaging the indices of participating cities and metropolitan areas in that state.

In general, the most expensive areas to live were Hawaii, Alaska, the Northeast, and the West Coast. The least expensive areas were the Midwest and Southern states.

Cities across the nation participate in the Council for Community & Economic Research (C2ER) survey on a volunteer basis. Price information in the survey is governed by C2ER collection guidelines which strive for uniformity.

The entries for Ontario, British Columbia, and Remote were added manually for my use case.

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.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Lake County, IL (MWACL17097) from 2009 to 2023 about Lake County, IL; Chicago; adjusted; IL; average; wages; real; and USA.

The Consumer Sentiment Index in the United States stood at 51 in November 2025. This reflected a drop of 2.6 point from the previous survey. Furthermore, this was its lowest level measured since June 2022. The index is normalized to a value of 100 in December 1964 and based on a monthly survey of consumers, conducted in the continental United States. It consists of about 50 core questions which cover consumers' assessments of their personal financial situation, their buying attitudes and overall economic conditions.

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.

The US Family Budget Dataset provides insights into the cost of living in different US counties based on the Family Budget Calculator by the Economic Policy Institute (EPI).

This dataset offers community-specific estimates for ten family types, including one or two adults with zero to four children, in all 1877 counties and metro areas across the United States.

Interesting Task Ideas:

1. See how family budgets compare to the federal poverty line and the Supplemental Poverty Measure in different counties.
2. Look into the money challenges faced by different types of families using the budgets provided.
3. Find out which counties have the most affordable places to live, food, transportation, healthcare, childcare, and other things people need.
4. Explore how the average income of families relates to the overall cost of living in different counties.
5. Investigate how family size affects the estimated budget and find counties where bigger families have higher costs.
6. Create visuals showing how the cost of living varies across different states and big cities.
7. Check whether specific counties are affordable for families of different sizes and types.
8. Use the dataset to compare living standards and economic security in different US counties.

If you find this dataset valuable, don't forget to hit the upvote button! 😊💝

Checkout my other datasets

Employment-to-Population Ratio for USA

Productivity and Hourly Compensation

130K Kindle Books

900K TMDb Movies

USA Unemployment Rates by Demographics & Race

Photo by Alev Takil on Unsplash

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.

In 2025, the Consumer Price Index (CPI) for medical professional services in the United States was at 432.46, compared to the period from 1982 to 1984 (=100). The CPI for hospital services was at 1,102.12.

"Cost of living and purchasing power related to average income

We adjusted the average cost of living inside the USA (based on 2021 and 2022) to an index of 100. All other countries are related to this index. Therefore with an index of e.g. 80, the usual expenses in another country are 20% less then in the United States.

The monthly income (please do not confuse this with a wage or salary) is calculated from the gross national income per capita.

The calculated purchasing power index is again based on a value of 100 for the United States. If it is higher, people can afford more based on the cost of living in relation to income. If it is lower, the population is less wealthy.

The example of Switzerland: With a cost of living index of 142 all goods are on average about 42% more expensive than in the USA. But the average income in Switzerland of 7,550 USD is also 28% higher, which means that citizens can also afford more goods. Now you calculate the 42% higher costs against the 28% higher income. In the result, people in Switzerland can afford about 10 percent less than a US citizen."

Source: https://www.worlddata.info/cost-of-living.php

Cost of Living Index by Country, 2024 Mid Year data Data scraped from Numbeo: www.numbeo.com/cost-of-living/rankings_by_country.jsp All credits to Numbeo: www.numbeo.com/cost-of-living/

An index of 100 reflects the same living cost as in New York City, United States. As of 2024 Mid Year data, in NYC, A family of four estimated monthly costs are $6,074.40 without rent. A single person's estimated monthly costs are $1,640.90 without rent.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for New York County, NY (MWACL36061) from 2009 to 2023 about New York County, NY; adjusted; New York; average; NY; wages; real; and USA.

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 2024, the annual cost for a private room in an assisted living facility in the U.S. amounted to ****** U.S. dollars - the national median price. However, cost varied greatly from one state to another. The least expensive states for a private room in assisted living were South Dakota, and Mississippi. While the most expensive states for assisted living were Hawaii and Alaska.

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.

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.

Quality of Life by State 2024

https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F1937611%2F82267b1a15f8669ec2a072972bebccb5%2Fquality-of-life-by-us-state.png?generation=1717697280376438&alt=media" alt="">

This dataset provides insights into the quality of life across different states in the United States for the year 2024. Quality of life, encompassing aspects like comfort, health, and happiness, is evaluated through various metrics including affordability, economy, education, and safety. Dive into this dataset to understand how different states fare in terms of overall quality of life and its individual components.

Columns Description

• State: The name of the U.S. state.
• QualityOfLifeTotalScore: The total score representing the overall quality of life for the respective state. This score is calculated based on various quality of life metrics.
• QualityOfLifeQualityOfLife: The score representing the quality of life aspect for the respective state. This aspect may include subjective factors related to happiness, satisfaction, and overall well-being. Higher scores may indicate a higher level of subjective well-being, happiness, or overall satisfaction among residents. Lower scores could suggest lower levels of subjective well-being.
• QualityOfLifeAffordability: The score representing the affordability aspect of the quality of life for the respective state. This aspect evaluates factors such as cost of living, housing affordability, and income levels. Higher scores typically indicate greater affordability of housing, cost of living, and basic necessities. Lower scores may suggest that these essentials are less accessible or more expensive for residents.
• QualityOfLifeEconomy: The score representing the economic aspect of the quality of life for the respective state. This aspect assesses factors such as employment opportunities, economic growth, and income distribution. Higher scores may reflect a stronger economy with more job opportunities, higher incomes, and lower levels of poverty. Lower scores might indicate economic challenges such as unemployment or income inequality.
• QualityOfLifeEducationAndHealth: The score representing the education and health aspect of the quality of life for the respective state. This aspect considers factors such as access to quality education, healthcare facilities, and overall public health indicators. Higher scores generally signify better access to quality education, healthcare services, and overall public health. Lower scores may indicate deficiencies in these areas, such as limited access to healthcare or lower educational attainment levels.
• QualityOfLifeSafety: The score representing the safety aspect of the quality of life for the respective state. This aspect evaluates factors such as crime rates, public safety measures, and community well-being initiatives. Higher scores suggest lower crime rates, better community safety, and a higher sense of security among residents. Lower scores may indicate higher crime rates or concerns about safety.

These descriptions provide an overview of what each column represents and the specific aspects of quality of life they assess for each U.S. state.

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.

Living Cost: Average per Month: SB: Republic of Tyva data was reported at 10,674.000 RUB in Dec 2020. This records a decrease from the previous number of 11,494.000 RUB for Sep 2020. Living Cost: Average per Month: SB: Republic of Tyva data is updated quarterly, averaging 5,829.500 RUB from Mar 2001 (Median) to Dec 2020, with 80 observations. The data reached an all-time high of 11,494.000 RUB in Sep 2020 and a record low of 1,682.000 RUB in Mar 2001. Living Cost: Average per Month: SB: Republic of Tyva 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.

Living Cost: Average per Month: NW: Republic of Komi data was reported at 14,567.000 RUB in Dec 2020. This stayed constant from the previous number of 14,567.000 RUB for Sep 2020. Living Cost: Average per Month: NW: Republic of Komi data is updated quarterly, averaging 7,823.000 RUB from Mar 2001 (Median) to Dec 2020, with 80 observations. The data reached an all-time high of 14,567.000 RUB in Dec 2020 and a record low of 1,759.000 RUB in Mar 2001. Living Cost: Average per Month: NW: Republic of Komi 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.

In 2024, Massachusetts recorded the highest median household income in the United States, at 113,900 U.S. dollars. On the other hand, Mississippi, recorded the lowest, at 55,980 U.S. dollars. Overall, the median income for households in the U.S. was at 83,730 U.S. dollars that year.