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.

Housing cost index of Massachusetts soared by 15.90% from 195.0 index, higher means higher cost of living in 2024Q2 to 226.0 index, higher means higher cost of living in 2024Q3. Since the 6.30% drop in 2024Q1, housing cost index jumped by 6.20% in 2024Q3.

146,9 (Index, higher means higher cost of living) in 2024Q3.

This statistic shows a ranking of the most affordable colleges in the United States as of 2012. To calculate the ranking the Daily Beast considered average student debt, total cost for tuition and general living expenses, average amount of financial aid received by students and average income earned by graduates in their future careers. In this graphic the average in-state attendance cost is depicted. At Massachusetts Institute of Technology, the university ranked as the most affordable, total attendance cost is on average 55,270 U.S. dollars.

Morocco Living Cost Index: Casablanca: Recreation and Culture data was reported at 188.000 1989=100 in Oct 2009. This records an increase from the previous number of 187.800 1989=100 for Sep 2009. Morocco Living Cost Index: Casablanca: Recreation and Culture data is updated monthly, averaging 179.950 1989=100 from Jan 2003 (Median) to Oct 2009, with 82 observations. The data reached an all-time high of 188.000 1989=100 in Oct 2009 and a record low of 171.500 1989=100 in Mar 2003. Morocco Living Cost Index: Casablanca: Recreation and Culture data remains active status in CEIC and is reported by High Commission for Planning. The data is categorized under Global Database’s Morocco – Table MA.I008: Living Cost Index: 1989=100: by Region.

Graph and download economic data for Consumer Price Index for All Urban Consumers: All items in Boston-Cambridge-Newton, MA-NH (CBSA) (CUUSA103SA0) from 1984 to 2024 about Boston, ME, NH, CT, MA, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Franklin County, MA (MWACL25011) from 2016 to 2023 about Franklin County, MA; Springfield; adjusted; MA; average; wages; real; and USA.

Morocco Living Cost Index: Fes data was reported at 187.800 1989=100 in Oct 2009. This records a decrease from the previous number of 191.300 1989=100 for Sep 2009. Morocco Living Cost Index: Fes data is updated monthly, averaging 158.600 1989=100 from Jan 1994 (Median) to Oct 2009, with 190 observations. The data reached an all-time high of 192.300 1989=100 in Apr 2009 and a record low of 131.120 1989=100 in Jan 1994. Morocco Living Cost Index: Fes data remains active status in CEIC and is reported by High Commission for Planning. The data is categorized under Global Database’s Morocco – Table MA.I008: Living Cost Index: 1989=100: by Region.

Morocco Living Cost Index data was reported at 187.800 1989=100 in Oct 2009. This records a decrease from the previous number of 189.900 1989=100 for Sep 2009. Morocco Living Cost Index data is updated monthly, averaging 155.700 1989=100 from Jan 1990 (Median) to Oct 2009, with 238 observations. The data reached an all-time high of 189.900 1989=100 in Sep 2009 and a record low of 104.100 1989=100 in Jan 1990. Morocco Living Cost Index data remains active status in CEIC and is reported by High Commission for Planning. The data is categorized under Global Database’s Morocco – Table MA.I006: Living Cost Index: 1989=100: by Industry.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Suffolk County, MA (MWACL25025) from 2009 to 2023 about Suffolk County, MA; Boston; adjusted; MA; average; wages; real; and USA.

Morocco Living Cost Index: Rabat: Health data was reported at 156.400 1989=100 in Oct 2009. This stayed constant from the previous number of 156.400 1989=100 for Sep 2009. Morocco Living Cost Index: Rabat: Health data is updated monthly, averaging 155.400 1989=100 from Jan 2003 (Median) to Oct 2009, with 82 observations. The data reached an all-time high of 156.400 1989=100 in Oct 2009 and a record low of 150.000 1989=100 in Jan 2003. Morocco Living Cost Index: Rabat: Health data remains active status in CEIC and is reported by High Commission for Planning. The data is categorized under Global Database’s Morocco – Table MA.I008: Living Cost Index: 1989=100: by Region.

Morocco Living Cost Index: Marrakech: Recreation and Culture data was reported at 203.100 1989=100 in Oct 2009. This stayed constant from the previous number of 203.100 1989=100 for Sep 2009. Morocco Living Cost Index: Marrakech: Recreation and Culture data is updated monthly, averaging 190.400 1989=100 from Jan 2003 (Median) to Oct 2009, with 82 observations. The data reached an all-time high of 203.100 1989=100 in Oct 2009 and a record low of 172.800 1989=100 in Aug 2003. Morocco Living Cost Index: Marrakech: Recreation and Culture data remains active status in CEIC and is reported by High Commission for Planning. The data is categorized under Global Database’s Morocco – Table MA.I008: Living Cost Index: 1989=100: by Region.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting 168 U.S. dollars per square foot in 2022. In 2024, the average sales price of a new home exceeded 500,000 U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly 12 percent year-on-year, and in 2022, the increase was even higher, at close to 17 percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under three percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

Morocco Living Cost Index: Tanger: Food data was reported at 211.300 1989=100 in Oct 2009. This records a decrease from the previous number of 215.500 1989=100 for Sep 2009. Morocco Living Cost Index: Tanger: Food data is updated monthly, averaging 181.300 1989=100 from Jan 2003 (Median) to Oct 2009, with 82 observations. The data reached an all-time high of 215.500 1989=100 in Sep 2009 and a record low of 165.300 1989=100 in Mar 2003. Morocco Living Cost Index: Tanger: Food data remains active status in CEIC and is reported by High Commission for Planning. The data is categorized under Global Database’s Morocco – Table MA.I008: Living Cost Index: 1989=100: by Region.

109,5 (Index, higher means higher cost of living) в 2024Q3.

This statistic shows the median household income in the United States from 1990 to 2023 in 2023 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023, an increase from the previous year. Household incomeThe median household income depicts the income of households, including the income of the householder and all other individuals aged 15 years or over living in the household. Income includes wages and salaries, unemployment insurance, disability payments, child support payments received, regular rental receipts, as well as any personal business, investment, or other kinds of income received routinely. The median household income in the United States varies from state to state. In 2020, the median household income was 86,725 U.S. dollars in Massachusetts, while the median household income in Mississippi was approximately 44,966 U.S. dollars at that time. Household income is also used to determine the poverty line in the United States. In 2021, about 11.6 percent of the U.S. population was living in poverty. The child poverty rate, which represents people under the age of 18 living in poverty, has been growing steadily over the first decade since the turn of the century, from 16.2 percent of the children living below the poverty line in year 2000 to 22 percent in 2010. In 2021, it had lowered to 15.3 percent. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.51 in 2019. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality and a score of one indicates a society where one person would have all the money and all other people have nothing.

Morocco Living Cost Index: Tanger: Housing, Water, Electricity, Gas & Other Fuels data was reported at 184.800 1989=100 in Oct 2009. This records an increase from the previous number of 184.300 1989=100 for Sep 2009. Morocco Living Cost Index: Tanger: Housing, Water, Electricity, Gas & Other Fuels data is updated monthly, averaging 175.200 1989=100 from Jan 2003 (Median) to Oct 2009, with 82 observations. The data reached an all-time high of 184.800 1989=100 in Oct 2009 and a record low of 167.900 1989=100 in Jan 2003. Morocco Living Cost Index: Tanger: Housing, Water, Electricity, Gas & Other Fuels data remains active status in CEIC and is reported by High Commission for Planning. The data is categorized under Global Database’s Morocco – Table MA.I008: Living Cost Index: 1989=100: by Region.

In 2024, households in California needed an hourly wage of over 47 U.S. dollars to afford the rent of a two-bedroom apartment. Massachusetts had the second-least affordable two-bedroom apartments, as a household would have to earn at least around 45 U.S. dollars per hour in order to afford rent payments. These figures are considerably higher than the average minimum wage in place in many states. There was no state in which a minimum wage worker could afford rent for the average two-bedroom apartment, if they only worked 40 hours a week. Where are the least affordable counties and metros? The least affordable rents were predominately in Californian counties and metropolitan areas in 2024. District of Columbia has one of the highest minimum wages in the country, which stood at 17 U.S. dollars per hour as of January 2024. Thus, the affordability of two-bedroom apartments highlights how disproportionately high housing costs are in the state.

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.

Morocco Living Cost Index: Food data was reported at 197.900 1989=100 in Oct 2009. This records a decrease from the previous number of 202.700 1989=100 for Sep 2009. Morocco Living Cost Index: Food data is updated monthly, averaging 157.550 1989=100 from Jan 1990 (Median) to Oct 2009, with 238 observations. The data reached an all-time high of 202.700 1989=100 in Sep 2009 and a record low of 104.900 1989=100 in Jul 1990. Morocco Living Cost Index: Food data remains active status in CEIC and is reported by High Commission for Planning. The data is categorized under Global Database’s Morocco – Table MA.I006: Living Cost Index: 1989=100: by Industry.