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.

United States Luxury Residential Real Estate Market Report is Segmented by Property Type (Apartments and Condominiums, and Villas and Landed Houses), by Business Model (Sales and Rental), by Mode of Sale (Primary (New-Build) and Secondary (Existing-Home Resale)), and by Region (Northeast, Midwest, Southeast, West and Southwest). The Market Forecasts are Provided in Terms of Value (USD).

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.

The annual cost for home health services in the U.S. was ****** US dollars in 2024, yet varied greatly from one state to another. In that year, the most expensive U.S. state for home health aide was South Dakota, with annual cost over 100 thousand U.S. dollars.

Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q2 2025 about sales, median, housing, and USA.

The US luxury residential market, a sector characterized by high-value properties like apartments, condominiums, villas, and landed houses, is experiencing robust growth. Driven by factors such as increasing high-net-worth individuals, a preference for larger living spaces, and a desire for premium amenities, the market exhibits a Compound Annual Growth Rate (CAGR) exceeding 3.00%. Key cities like New York, Los Angeles, San Francisco, Miami, and Washington D.C. dominate the market, attracting both domestic and international buyers. The segment encompassing apartments and condominiums currently holds the largest market share, reflecting a trend towards urban luxury living. However, the villas and landed houses segment is also demonstrating strong growth, fueled by demand for larger properties and privacy. The market faces constraints such as fluctuating interest rates, limited inventory in prime locations, and the overall economic climate. Nevertheless, the long-term outlook remains positive, with continued growth expected throughout the forecast period (2025-2033). Leading developers like Toll Brothers, D.R. Horton, and several high-end custom builders are actively shaping the market, contributing to the overall expansion and diversification of luxury housing options. This market's expansion is further influenced by evolving architectural trends emphasizing sustainability and smart-home technology. The increasing popularity of eco-friendly materials and designs, along with the integration of advanced technological features, is attracting environmentally conscious high-net-worth individuals. Furthermore, the market's regional distribution showcases a strong concentration in North America, particularly the United States, although international markets, including key regions in Europe and Asia, are also showing promising growth potential. The competitive landscape is dynamic, with both large national builders and smaller, specialized custom home builders vying for market share. This leads to innovative design and construction approaches, thereby enhancing the overall quality and appeal of luxury residential properties. Future growth will depend on maintaining a balance between catering to evolving consumer preferences, addressing market constraints, and adapting to broader economic conditions. This comprehensive report provides an in-depth analysis of the US luxury residential market, encompassing historical data (2019-2024), current estimations (2025), and future projections (2025-2033). We examine market dynamics, key players, emerging trends, and growth catalysts to offer a 360° perspective on this lucrative sector. The report is crucial for investors, developers, real estate professionals, and anyone seeking to understand the intricacies of the high-end residential landscape. High-value keywords used throughout the report include: luxury homes, luxury real estate, high-end residential, luxury condos, luxury apartments, prime real estate, US luxury housing market, luxury home builders, luxury real estate investment. Key drivers for this market are: Energy efficiency in construction, Flexibility and customization options. Potential restraints include: Limited availability of suitable land for construction, Lower quality compared to traditional construction. Notable trends are: Home Automation Becoming a Pre-requisite for Luxury Real Estate.

In 2024, the annual median cost for in-home care in the United States, such as homemaker services, amounted to ****** US dollars. However, cost varied greatly from one state to another. That year, the most expensive state for homemaker services was South Dakota, with costs amounting to more than 100 thousand U.S. dollars.

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.

Luxury Real Estate Market Outlook

The global luxury real estate market size was valued at approximately USD 289.6 billion in 2023 and is projected to reach around USD 515.3 billion by 2032, growing at a CAGR of 6.5% from 2024 to 2032. The growth of this market is primarily driven by increasing urbanization, rising disposable incomes, and a growing number of high-net-worth individuals (HNWIs) worldwide.

One of the primary growth factors contributing to the expansion of the luxury real estate market is the surge in the population of high-net-worth individuals. According to recent data, the number of millionaires and billionaires is increasing globally, especially in emerging economies. This demographic tends to invest heavily in luxury properties to diversify their asset portfolios and leverage real estate as a stable investment. Additionally, many of these HNWIs are inclined towards acquiring properties in prime locations, further fueling the demand for high-end real estate.

Another significant factor driving the luxury real estate market is the growing trend of second homes and vacation properties. With the rise in global travel and tourism, affluent individuals are purchasing luxury vacation homes in exotic locations, such as beachfront properties, mountain retreats, and exclusive urban residences. This trend is particularly evident in regions like the Mediterranean, the Caribbean, and Southeast Asia. The availability of luxury amenities, coupled with the desire for privacy and exclusivity, makes these properties highly attractive investments.

Technological advancements and the adoption of smart home technologies have also played a crucial role in the growth of the luxury real estate market. High-end properties are increasingly equipped with state-of-the-art home automation systems, energy-efficient solutions, and top-notch security features. These technological innovations not only enhance the living experience but also significantly boost the property's market value. Furthermore, the integration of eco-friendly and sustainable building practices in luxury properties is becoming a growing trend, appealing to environmentally conscious buyers.

The concept of Property Franchise is gaining traction in the luxury real estate sector, offering a unique business model that combines the benefits of franchising with the lucrative potential of high-end properties. By leveraging established brand names and proven business systems, property franchises provide investors with a structured approach to entering the luxury market. This model allows franchisees to tap into the expertise and resources of a larger network, while maintaining the flexibility to cater to local market demands. As the luxury real estate market continues to expand, property franchises are becoming an attractive option for entrepreneurs seeking a foothold in this competitive industry. The ability to offer a consistent brand experience across various locations is a key advantage, appealing to both investors and clients looking for reliability and prestige in their property transactions.

From a regional perspective, the Asia Pacific region is witnessing substantial growth in the luxury real estate market. Countries such as China, India, and Australia are experiencing rapid urbanization and economic growth, leading to an increasing demand for luxury properties. In North America, the United States and Canada continue to dominate the market, driven by strong economic fundamentals and high levels of disposable income. Europe remains a key player in the luxury real estate market, with cities like London, Paris, and Berlin attracting global investors due to their historical significance and robust real estate infrastructure. The Middle East and Africa region is also emerging as a significant market, particularly in cities like Dubai and Cape Town, renowned for their luxury real estate offerings.

Property Type Analysis

The luxury real estate market can be segmented by property type into residential, commercial, and industrial properties. The residential segment dominates the luxury real estate market, driven by the high demand for luxurious homes, villas, and apartments in prime locations. High-net-worth individuals and affluent families seek exclusive residential properties that offer privacy, security, and top-notch amenities. The trend of owning multiple residen

United States Average Transaction Price: Category: High-End Luxury Car data was reported at 119,740.000 USD in Mar 2025. This records a decrease from the previous number of 120,426.000 USD for Feb 2025. United States Average Transaction Price: Category: High-End Luxury Car data is updated monthly, averaging 116,811.000 USD from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 125,187.000 USD in Nov 2022 and a record low of 95,801.000 USD in Sep 2024. United States Average Transaction Price: Category: High-End Luxury Car data remains active status in CEIC and is reported by Cox Automotive. The data is categorized under Global Database’s United States – Table US.RA011: New Vehicle Average Transaction Price.

Loro Piana web scraped data

  About the website

Loro Piana operates in the luxury fashion industry in the United States, focusing particularly on high-end, quality fabrics and materials. The brand is popular among wealthy Americans who crave its stylish, high-quality goods ranging from clothing to accessories. In this digital era, Loro Piana has also been proactively involved in the Ecommerce space, maximizing their online presence across several platforms. The dataset… See the full description on the dataset page: https://huggingface.co/datasets/DBQ/Loro.Piana.Product.prices.United.States.

In the United States, a private room in a nursing home facility came with a cost of ******* U.S. dollars per year in 2024. However, the costs for private rooms in the US varied greatly from one state to another. That year, the annual cost for a private room in Alaska stood at ******* U.S. dollars, roughly three times the national average. The second-most expensive state for a private room in nursing home facilities was Oregon, followed by DC.

United States FOMC Projection: Unemployment Rate: Range: Y3: Upper End data was reported at 4.500 % in Dec 2024. This stayed constant from the previous number of 4.500 % for Sep 2024. United States FOMC Projection: Unemployment Rate: Range: Y3: Upper End data is updated quarterly, averaging 4.550 % from Sep 2015 (Median) to Dec 2024, with 20 observations. The data reached an all-time high of 6.000 % in Sep 2020 and a record low of 4.000 % in Dec 2021. United States FOMC Projection: Unemployment Rate: Range: Y3: Upper End data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.G041: Current Population Survey: Unemployment Rate: Projection: Federal Reserve Board.

Mr Porter web scraped data

  About the website

Mr Porter operates within the e-commerce industry, specifically within the mens luxury fashion segment, in the United States. This industry has consistently demonstrated strong growth throughout the Americas, particularly in the United States where online retail is booming. The ability to purchase high-end fashion items online has revolutionized how American consumers shop, making upscale fashion more accessible. This specific… See the full description on the dataset page: https://huggingface.co/datasets/DBQ/Mr.Porter.Product.prices.United.States.

Ready-to-Move-in Luxury Homes Market Outlook

The global market size of ready-to-move-in luxury homes is projected to experience robust growth, with an estimated CAGR of 6.5% from 2024 to 2032. In 2023, the market size was valued at approximately $160 billion, and it is expected to reach around $285 billion by 2032. This surge in growth is primarily driven by increasing demand from high-net-worth individuals seeking immediate possession properties, as well as a burgeoning preference for luxury living spaces that offer convenience, exclusivity, and top-notch amenities. Urbanization and rising disposable incomes are also significant growth factors, as they enable more people to afford upscale housing options. Furthermore, as cities expand and develop, the need for premium housing that provides both luxury and immediate occupancy has become more pronounced.

One of the key growth factors for the ready-to-move-in luxury homes market is the shift in consumer behavior towards immediate gratification and convenience. Unlike traditional real estate investments that require buyers to wait for completion, ready-to-move-in properties allow purchasers to see exactly what they are buying, eliminating uncertainties associated with delays and potential discrepancies in the final product. This factor is increasingly appealing to discerning buyers who prioritize time savings and hassle-free transactions. Moreover, the pandemic has accelerated this trend as individuals now value having a secure, fully-furnished home that can serve as a sanctuary in uncertain times, thus driving demand for immediately available luxury properties.

The role of technological advancements in real estate is another pivotal growth factor in this market. The integration of smart home technologies and advanced security systems in luxury homes has heightened their appeal, providing affluent buyers with cutting-edge living experiences. Smart homes, equipped with automated systems for lighting, climate control, and security, enhance the convenience and sophistication of luxury properties. Additionally, these technologies offer energy efficiency and sustainability benefits, aligning with the growing consumer demand for green living spaces. Sellers and developers are leveraging these technologies to differentiate their offerings in an increasingly competitive market, thereby attracting a larger pool of potential buyers.

Furthermore, the global luxury real estate market is benefiting from an influx of foreign investment, particularly in regions with stable economic conditions and favorable investment climates. International buyers are drawn to ready-to-move-in luxury homes as they provide an opportunity to diversify their portfolios with tangible assets in prime locations. Tax incentives, investment-friendly policies, and the allure of a cosmopolitan lifestyle are compelling factors attracting overseas buyers. As a result, there is an increasing trend of cross-border property investments, particularly in metropolitan areas renowned for their luxury real estate markets, such as New York, London, and Singapore.

Regionally, the market dynamics are influenced by varying economic conditions and cultural preferences. In North America, the market is buoyed by a strong economy and a high concentration of affluent individuals seeking luxury properties as both primary and secondary residences. The Asia Pacific region, particularly China and India, is witnessing rapid urbanization and wealth accumulation, contributing significantly to the demand for luxury homes. Europe, with its rich cultural heritage and stable property markets, continues to attract international buyers, especially in cities like Paris and Berlin. Meanwhile, the Middle East & Africa region is capitalizing on its luxury tourism boom, with cities like Dubai becoming hotspots for high-end residential investments.

Property Type Analysis

Within the ready-to-move-in luxury homes market, the property type segment comprises apartments, villas, townhouses, and others. Each of these categories caters to diverse consumer preferences and lifestyle requirements. Apartments are often favored in densely populated urban areas where land is scarce, providing vertical living solutions with panoramic city views and convenient access to urban amenities. Luxury apartments often feature state-of-the-art facilities, including gyms, pools, and concierge services, appealing to buyers seeking a comprehensive living experience without the upkeep of standalone properties. As urban centers continue to grow, the demand for luxury apartments is expected to remain strong.

Villas, on t

The U.S. luxury hotel sector is expected to grow at over 4.96% CAGR from 2025 to 2030, driven by increasing demand for high-end experiences and growing interest in luxury travel.

Graph and download economic data for Home Price Index (High Tier) for Los Angeles, California (LXXRHTNSA) from Jan 1987 to May 2025 about high tier, Los Angeles, HPI, housing, price index, indexes, price, and USA.

United States Luxury Goods Market was valued at USD 66.44 Billion in 2024 and is anticipated to grow USD 91.64 Billion by 2030 with a CAGR of 5.51% during forecast period.

Chanel web scraped data

  About the website

The global luxury goods industry, specifically the high-end fashion sector, is a competitive marketplace where brands like Chanel thrive. The American market, especially the United States, plays a critical role in this industry, as it is one of the worlds biggest consumers of luxury products. With its affluent consumers propensity for luxury and up-scale products, the US market is a major driver of growth in this sector. The… See the full description on the dataset page: https://huggingface.co/datasets/DBQ/Chanel.Product.prices.United.States.