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.

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 the United States, Hawaii was the state with the most expensive housing, with the typical value of single-family homes in the 35th to 65th percentile range exceeding ******* U.S. dollars. Unsurprisingly, Hawaii also ranked top as the state with the highest cost of living. Meanwhile, a property was the least expensive in West Virginia, where it cost under ******* U.S. dollars to buy the typical single-family home. Single-family home prices increased across most states in the United States between December 2023 and December 2024, except in Louisiana, Florida, and the District of Colombia. According to the Federal Housing Association, house appreciation in 13 states exceeded **** percent in 2023.

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.

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.

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.

In 2024, the annual cost for a private room in an assisted living facility in the U.S. amounted to 70,800 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.

In 2024, the annual median cost for long-term care in the United States ranged from ****** to ******* U.S. dollars, depending on the type of service. This significant financial burden highlights the importance of planning for future healthcare needs, as many older adults may face substantial out-of-pocket costs for extended care services. Nursing homes and assisted living facilities Nursing homes represent the most expensive long-term care option, with private rooms costing an estimated ****** U.S. dollars per month in 2024. Semi-private rooms are slightly more affordable at ***** U.S. dollars monthly. Assisted living facilities offer a less costly alternative, with annual expenses for a private room averaging ****** U.S. dollars. However, these costs can vary dramatically by location, with states like Hawaii, Alaska, and Washington D.C. commanding the highest prices for assisted living accommodations. Home care services and future projections For those preferring to receive care at home, the hourly rates for long-term home care services in 2024 were ** U.S. dollars for homemaker services and ** U.S. dollars for home health aide services. These costs are expected to rise significantly in the coming decades, with projections suggesting home health aide services could approach *** U.S. dollars per hour by 2060. The increasing expense of long-term care is evident across all service types, with assisted living facilities experiencing a ** percent cost increase from 2023 to 2024, while nursing home rates for semi-private and private rooms rose by * and * percent, respectively.

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.

Population with Income per Capita below Living Cost: % of Total: CF: Bryansk Region data was reported at 9.100 % in 2024. This records a decrease from the previous number of 11.400 % for 2023. Population with Income per Capita below Living Cost: % of Total: CF: Bryansk Region data is updated yearly, averaging 14.500 % from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 42.300 % in 2000 and a record low of 9.100 % in 2024. Population with Income per Capita below Living Cost: % of Total: CF: Bryansk Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GA015: Population with Income per Capita below Living Cost.

In 2024, the average daily cost for adult day health care services in the U.S. stood at 100 U.S. dollars. However, such costs varied greatly from one state to another. In that year, the most expensive state for adult day health care services was by far Oregon, amounting to 284 U.S. dollars a day, while in Delaware daily rates were just 35 U.S. dollars. In the most expensive states, the daily cost of adult day care actually exceeded that of assisted living facilities and sometimes even home health care. The large variation may be in part due to the source using community subsidy rates where available, thus lower rates were reported, while states with higher rates may capture the full private pay rates.

Consumer Price Index CPI in the United States increased to 321.47 points in May from 320.80 points in April of 2025. This dataset provides the latest reported value for - United States Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Population with Income per Capita below Living Cost: % of Total: CF: Moscow Region data was reported at 4.900 % in 2024. This records a decrease from the previous number of 5.500 % for 2023. Population with Income per Capita below Living Cost: % of Total: CF: Moscow Region data is updated yearly, averaging 9.850 % from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 35.200 % in 2000 and a record low of 4.900 % in 2024. Population with Income per Capita below Living Cost: % of Total: CF: Moscow Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GA015: Population with Income per Capita below Living Cost.

Population with Income per Capita below Living Cost: % of Total: CF: Lipetsk Region data was reported at 6.000 % in 2024. This records a decrease from the previous number of 7.000 % for 2023. Population with Income per Capita below Living Cost: % of Total: CF: Lipetsk Region data is updated yearly, averaging 10.200 % from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 30.900 % in 2000 and a record low of 6.000 % in 2024. Population with Income per Capita below Living Cost: % of Total: CF: Lipetsk Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GA015: Population with Income per Capita below Living Cost.

Population with Income per Capita below Living Cost: % of Total: SB: Republic of Buryatia data was reported at 15.900 % in 2024. This records a decrease from the previous number of 17.300 % for 2023. Population with Income per Capita below Living Cost: % of Total: SB: Republic of Buryatia data is updated yearly, averaging 20.100 % from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 54.300 % in 1995 and a record low of 15.900 % in 2024. Population with Income per Capita below Living Cost: % of Total: SB: Republic of Buryatia data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GA015: Population with Income per Capita below Living Cost.

Population with Income per Capita below Living Cost: % of Total: North Western Federal District (NW): Republic of Karelia data was reported at 8.400 % in 2024. This records a decrease from the previous number of 10.200 % for 2023. Population with Income per Capita below Living Cost: % of Total: North Western Federal District (NW): Republic of Karelia data is updated yearly, averaging 15.850 % from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 25.400 % in 1999 and a record low of 8.400 % in 2024. Population with Income per Capita below Living Cost: % of Total: North Western Federal District (NW): Republic of Karelia data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GA015: Population with Income per Capita below Living Cost.

Population with Income per Capita below Living Cost: % of Total: SB: Kemerovo Region data was reported at 8.000 % in 2024. This records a decrease from the previous number of 9.800 % for 2023. Population with Income per Capita below Living Cost: % of Total: SB: Kemerovo Region data is updated yearly, averaging 13.900 % from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 29.800 % in 1999 and a record low of 8.000 % in 2024. Population with Income per Capita below Living Cost: % of Total: SB: Kemerovo Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GA015: Population with Income per Capita below Living Cost.

In 2024, the CPI in U.S. cities averaged at 313.7. However, the CPI for the New York-Newark-Jersey City metropolitan area amounted to about 334.21. Prices in New York City were significantly higher than the U.S. average. Nonetheless, the San Diego-Carlsbad area ranked first with a CPI of 373.32.The monthly inflation rate for the United States can be found here.

In 2024, the U.S. GDP increased from the previous year to about 29.18 trillion U.S. dollars. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2024, the United States has the largest economy in the world. What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs). GDP and national debt Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living. While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.

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.