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.
Of the most populous cities in the U.S., San Jose, California had the highest annual income requirement at 288,953 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 87,991 U.S. dollars in 2024.
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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.
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Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Lake County, OH (MWACL39085) from 2009 to 2023 about Lake County, OH; Cleveland; adjusted; OH; average; wages; real; and USA.
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.
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 981,000 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 167,000 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 nine percent in 2023.
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Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Adams County, CO (MWACL08001) from 2009 to 2019 about Adams County, CO; Denver; CO; adjusted; average; wages; Prosperity Scorecard; real; and USA.
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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.
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.
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.
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Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for El Paso County, CO (MWACL08041) from 2009 to 2023 about El Paso County, CO; Colorado Springs; adjusted; CO; average; wages; real; and USA.
89.0 (Index, higher means higher cost of living) in 2024Q3.
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.
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.
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.
111.5 (Index, higher means higher cost of living) in 2024Q3.
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Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Marion County, OR (MWACL41047) from 2009 to 2023 about Marion County, OR; Salem; OR; adjusted; average; wages; real; and USA.
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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.
Housing cost index of Maryland plummeted by 38.43% from 133.5 index, higher means higher cost of living in 2024Q2 to 82.2 index, higher means higher cost of living in 2024Q3. Since the 3.43% improve in 2024Q1, housing cost index sank by 41.95% in 2024Q3.
100.1 (Index, higher means higher cost of living) in 2024Q3.
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.