58 datasets found
  1. Cost of living index in the U.S. 2024, by state

    • statista.com
    Updated May 27, 2025
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    Statista (2025). Cost of living index in the U.S. 2024, by state [Dataset]. https://www.statista.com/statistics/1240947/cost-of-living-index-usa-by-state/
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    Dataset updated
    May 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    United States
    Description

    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.

  2. 10 least expensive U.S. states for a room in an assisted living facility...

    • ai-chatbox.pro
    • statista.com
    Updated Apr 3, 2025
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    Statista (2025). 10 least expensive U.S. states for a room in an assisted living facility 2024 [Dataset]. https://www.ai-chatbox.pro/?_=%2Fstatistics%2F1493691%2Fleast-expensive-annual-cost-private-room-community-assisted-living-facility-by-state%2F%23XgboD02vawLKoDs%2BT%2BQLIV8B6B4Q9itA
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    Dataset updated
    Apr 3, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jul 2024 - Dec 2024
    Area covered
    United States
    Description

    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.

  3. Typical price of single-family homes in the U.S. 2020-2024, by state

    • statista.com
    • ai-chatbox.pro
    Updated Jun 20, 2025
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    Statista (2025). Typical price of single-family homes in the U.S. 2020-2024, by state [Dataset]. https://www.statista.com/statistics/1041708/typical-home-value-single-family-homes-usa-by-state/
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    Dataset updated
    Jun 20, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  4. US Cost of Living Dataset (1877 Counties)

    • kaggle.com
    Updated Feb 17, 2024
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    asaniczka (2024). US Cost of Living Dataset (1877 Counties) [Dataset]. http://doi.org/10.34740/kaggle/ds/3832881
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    CroissantCroissant is a format for machine-learning datasets. Learn more about this at mlcommons.org/croissant.
    Dataset updated
    Feb 17, 2024
    Dataset provided by
    Kagglehttp://kaggle.com/
    Authors
    asaniczka
    License

    https://creativecommons.org/publicdomain/zero/1.0/https://creativecommons.org/publicdomain/zero/1.0/

    Area covered
    United States
    Description

    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

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    Photo by Alev Takil on Unsplash

  5. Most affordable metro areas U.S. 2017, by income spent on living expenses

    • statista.com
    Updated Jul 10, 2025
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    Statista (2025). Most affordable metro areas U.S. 2017, by income spent on living expenses [Dataset]. https://www.statista.com/statistics/725215/most-affordable-metro-areas-usa-by-income-spent-on-expenses/
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    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2017
    Area covered
    United States
    Description

    This statistic shows the most affordable metro areas in the Unites States in 2017, by share of income spent on living expenses. In 2017, Omaha was the second most affordable metro area because ***** percent of the median blending annual household income was spent on the average cost of owning or renting a home as well the average cost of utilities and taxes.

  6. Monthly residential utility costs, by state U.S. 2023

    • statista.com
    Updated Jun 20, 2025
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    Statista (2025). Monthly residential utility costs, by state U.S. 2023 [Dataset]. https://www.statista.com/statistics/1108684/monthly-utility-costs-usa-state/
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    Dataset updated
    Jun 20, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    United States
    Description

    Alaska, Hawaii, and Connecticut were the states with the highest average monthly utility costs in the United States in 2023. Residents paid about ****** U.S. dollars for their electricity bills in Hawaii, while the average monthly bill for natural gas came to *** U.S. dollars. This was significantly higher than in any other state. Bigger homes have higher utility costs Despite regional variations, single-family homes in the United States have grown bigger in size since 1975. This trend also means that, unless homeowners invest in energy savings measures, they will have to pay more for their utility costs. Which are the most affordable states to live in? According to the cost of living index, the three most affordable states to live in are Mississippi, Kansas, and Oklahoma. At the other end of the scale are Hawaii, District of Columbia, and New York. The index is based on housing, utilities, grocery items, transportation, health care, and miscellaneous goods and services. To buy a median priced home in Kansas City, a prospective home buyer will have to earn an annual salary of about ****** U.S. dollars.

  7. Housing Cost Burden

    • healthdata.gov
    • data.chhs.ca.gov
    • +4more
    application/rdfxml +5
    Updated Apr 8, 2025
    + more versions
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    chhs.data.ca.gov (2025). Housing Cost Burden [Dataset]. https://healthdata.gov/State/Housing-Cost-Burden/8ma4-c4rx
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    csv, tsv, xml, application/rssxml, json, application/rdfxmlAvailable download formats
    Dataset updated
    Apr 8, 2025
    Dataset provided by
    chhs.data.ca.gov
    Description

    This table contains data on the percent of households paying more than 30% (or 50%) of monthly household income towards housing costs for California, its regions, counties, cities/towns, and census tracts. Data is from the U.S. Department of Housing and Urban Development (HUD), Consolidated Planning Comprehensive Housing Affordability Strategy (CHAS) and the U.S. Census Bureau, American Community Survey (ACS). The table is part of a series of indicators in the [Healthy Communities Data and Indicators Project of the Office of Health Equity] Affordable, quality housing is central to health, conferring protection from the environment and supporting family life. Housing costs—typically the largest, single expense in a family's budget—also impact decisions that affect health. As housing consumes larger proportions of household income, families have less income for nutrition, health care, transportation, education, etc. Severe cost burdens may induce poverty—which is associated with developmental and behavioral problems in children and accelerated cognitive and physical decline in adults. Low-income families and minority communities are disproportionately affected by the lack of affordable, quality housing. More information about the data table and a data dictionary can be found in the Attachments.

  8. F

    Median Sales Price of Houses Sold for the United States

    • fred.stlouisfed.org
    json
    Updated Apr 23, 2025
    + more versions
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    (2025). Median Sales Price of Houses Sold for the United States [Dataset]. https://fred.stlouisfed.org/series/MSPUS
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    jsonAvailable download formats
    Dataset updated
    Apr 23, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

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

  9. l

    Comparing the Cost of Living-Copyv A#3-Copy

    • visionzero.geohub.lacity.org
    Updated Nov 4, 2022
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    anthonykie (2022). Comparing the Cost of Living-Copyv A#3-Copy [Dataset]. https://visionzero.geohub.lacity.org/maps/29c8c2b5f8b7483581b0bad01a91e3b4
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    Dataset updated
    Nov 4, 2022
    Dataset authored and provided by
    anthonykie
    Area covered
    Description

    This map shows how expensive an area is based on a score determined by education, healthcare, housing, food, and transportation spending. A higher score means more is spent on living expenses. Areas in orange-red are more expensive while areas in yellow-blue are less expensive. Data is available from state to tract level from Esri's updated demographics.

  10. Annual cost of living in top 10 largest U.S. cities in 2024

    • statista.com
    Updated Jun 25, 2025
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    Statista (2025). Annual cost of living in top 10 largest U.S. cities in 2024 [Dataset]. https://www.statista.com/statistics/643471/cost-of-living-in-10-largest-cities-us/
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    Dataset updated
    Jun 25, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 29, 2024
    Area covered
    United States
    Description

    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.

  11. l

    How expensive are living costs in your area?-Copy

    • visionzero.geohub.lacity.org
    Updated Jan 1, 2021
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    cwongyap (2021). How expensive are living costs in your area?-Copy [Dataset]. https://visionzero.geohub.lacity.org/maps/4fed5f603a9947e0b6c8e673a7b22948
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    Dataset updated
    Jan 1, 2021
    Dataset authored and provided by
    cwongyap
    Area covered
    Description

    This map shows how expensive an area is based on a score determined by education, healthcare, housing, food, and transportation spending. A higher score means more is spent on living expenses. Areas in orange-red are more expensive while areas in yellow-blue are less expensive. Data is available from state to tract level from Esri's updated demographics.

  12. l

    AK Cost of Living 2

    • visionzero.geohub.lacity.org
    Updated Nov 9, 2022
    + more versions
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    michelem (2022). AK Cost of Living 2 [Dataset]. https://visionzero.geohub.lacity.org/maps/e75ff91bdbac44b2b519eddb747802bc
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    Dataset updated
    Nov 9, 2022
    Dataset authored and provided by
    michelem
    Area covered
    Description

    This map shows how expensive an area is based on a score determined by education, healthcare, housing, food, and transportation spending. A higher score means more is spent on living expenses. Areas in orange-red are more expensive while areas in yellow-blue are less expensive. Data is available from state to tract level from Esri's updated demographics.

  13. Best states to make a living in the U.S. 2019

    • statista.com
    Updated Jul 10, 2025
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    Statista (2025). Best states to make a living in the U.S. 2019 [Dataset]. https://www.statista.com/statistics/226377/most-affordable-states-in-the-us/
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    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2019
    Area covered
    United States
    Description

    This statistic shows the best states to make living in the United States in 2019. In 2019, Wyoming was ranked as the best state to make a living in the United States, with the cost of living index at **** value and the median income of ****** U.S. dollars.

  14. Manufactured Housing Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Dec 3, 2024
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    Dataintelo (2024). Manufactured Housing Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/manufactured-housing-market
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    pdf, pptx, csvAvailable download formats
    Dataset updated
    Dec 3, 2024
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Manufactured Housing Market Outlook



    The global manufactured housing market size was valued at approximately USD 30 billion in 2023, and it is projected to reach an estimated USD 45 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.7% during the forecast period. The growth of the manufactured housing market can be attributed to the rising demand for affordable housing solutions worldwide, driven by increasing urbanization and population growth, along with technological advancements in manufacturing processes that enhance the quality and design of prefabricated homes.



    One of the primary growth drivers for the manufactured housing market is the affordability factor. In a world where housing prices are steadily climbing, manufactured homes offer a cost-effective alternative without compromising on quality and comfort. As more people seek economical housing solutions, particularly in regions where real estate costs are prohibitively high, the demand for manufactured homes is expected to rise. Furthermore, manufactured homes provide flexibility in terms of location and customization, which appeals to a broad demographic, including millennials and retirees who are looking for both cost savings and modern conveniences.



    Another significant growth factor is the evolution of construction technologies and materials used in manufactured housing. Advances in materials science and engineering have led to the development of new, durable, and sustainable building materials. These materials not only improve the longevity and resilience of manufactured homes but also enhance their energy efficiency, making them more environmentally friendly. This shift towards sustainable living is further fueled by government incentives and policies advocating for green building practices, making manufactured homes an attractive option for eco-conscious consumers.



    The changing regulatory landscape also plays a crucial role in the growth of the manufactured housing market. Governments across various regions are recognizing the importance of manufactured housing in addressing housing shortages and are implementing supportive regulations to facilitate their development. For instance, zoning laws are being updated to accommodate manufactured homes in more areas, and financial products such as favorable loan conditions are being tailored to support buyers of manufactured housing. These regulatory changes are instrumental in legitimizing and expanding the market, offering new opportunities for both consumers and manufacturers.



    Regionally, North America is a key market for manufactured housing, driven by the high demand for affordable housing solutions in the United States. The Asia Pacific region is expected to witness significant growth due to rapid urbanization and population growth in countries such as China and India. Europe presents opportunities for market expansion, supported by increasing interest in sustainable living solutions. However, the market faces challenges in the Middle East & Africa, where cultural and climatic conditions may limit the adoption of manufactured housing. Despite these challenges, the overall regional outlook for manufactured housing remains positive, fueled by global trends towards affordable and sustainable housing solutions.



    Type Analysis



    The manufactured housing market is segmented into single-section and multi-section types, each offering unique benefits that cater to different consumer needs. Single-section manufactured homes are typically smaller and more affordable, making them an ideal choice for individuals or small families seeking cost-effective housing solutions. These homes are often chosen by first-time homebuyers and retirees who prioritize affordability and simplicity. The compact design of single-section homes allows for easy transportation and installation, which further reduces costs and time associated with home setup. Their popularity is especially notable in regions where land prices are high, and consumers look for budget-friendly housing options without compromising on essential amenities.



    On the other hand, multi-section manufactured homes offer more space and customization options, appealing to larger families or those seeking more luxurious living arrangements. These homes can be configured to include multiple bedrooms, spacious living areas, and additional features such as porches or garages. The flexibility in design and layout makes multi-section homes attractive to consumers who wish to personalize their homes to suit individual preferences and lifestyle needs. As consumer expectations for home quality and aesthetics

  15. e

    Electricity Rates by State

    • electricchoice.com
    Updated Jul 11, 2025
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    (2025). Electricity Rates by State [Dataset]. https://www.electricchoice.com/electricity-prices-by-state/
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    Dataset updated
    Jul 11, 2025
    Time period covered
    Jun 1, 2025 - Jun 30, 2025
    Area covered
    United States
    Description

    A table listing the average electricity rates (kWh) of all 50 U.S. states as of March 2025.

  16. e

    Average Electricity Rates by U.S. State (July 2025)

    • electricchoice.com
    Updated Jul 11, 2025
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    ElectricChoice.com (2025). Average Electricity Rates by U.S. State (July 2025) [Dataset]. https://www.electricchoice.com/electricity-prices-by-state/
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    Dataset updated
    Jul 11, 2025
    Dataset provided by
    ElectricChoice.com
    License

    Attribution-ShareAlike 4.0 (CC BY-SA 4.0)https://creativecommons.org/licenses/by-sa/4.0/
    License information was derived automatically

    Time period covered
    Jul 1, 2025 - Jul 31, 2025
    Area covered
    United States
    Description

    A comprehensive dataset of average residential, commercial, and combined electricity rates in cents per kWh for all 50 U.S. states.

  17. Manufactured Homes Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Oct 3, 2024
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    Dataintelo (2024). Manufactured Homes Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/manufactured-homes-market
    Explore at:
    pptx, pdf, csvAvailable download formats
    Dataset updated
    Oct 3, 2024
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Manufactured Homes Market Outlook



    The global manufactured homes market is projected to grow significantly over the forecast period, with a market size estimated at USD 28.5 billion in 2023 and expected to reach USD 47.1 billion by 2032, registering a compound annual growth rate (CAGR) of 5.6%. The growth factor is driven primarily by the increasing demand for affordable housing solutions, coupled with advancements in manufacturing technologies that make these homes more durable and aesthetically pleasing.



    One of the primary growth factors for the manufactured homes market is affordability. Manufactured homes offer a cost-effective alternative to traditional site-built homes. The average cost of a manufactured home is significantly lower due to streamlined production processes and bulk purchasing of materials. This affordability makes them an attractive option for first-time homebuyers, retirees, and low-income families who may find it challenging to purchase traditional homes. Additionally, the cost of land and property taxes are often lower for manufactured homes, further enhancing their appeal.



    Innovations in construction technologies and materials have also been pivotal in driving the market. Modern manufactured homes are built using high-quality materials and advanced construction techniques, making them more energy-efficient and resilient. Improvements in insulation, roofing, and HVAC systems have made these homes more sustainable and comfortable. Moreover, smart home integrations are becoming more common in manufactured homes, appealing to tech-savvy buyers looking for modern amenities at a fraction of the cost of traditional homes.



    The growing trend toward sustainable living is another critical growth driver. As consumers become more environmentally conscious, the demand for eco-friendly housing solutions is rising. Manufactured homes can be designed with sustainable materials and energy-efficient systems, reducing their environmental footprint. Furthermore, the manufacturing process itself tends to generate less waste compared to traditional construction methods. This sustainable aspect aligns well with global efforts to combat climate change and reduce carbon emissions.



    Regionally, North America dominates the manufactured homes market, driven by high demand in the United States, where manufactured housing is a popular option for affordable living. The market in Europe is also expanding, particularly in countries with stringent housing regulations and high real estate prices, such as the UK and Germany. The Asia Pacific region is anticipated to witness the highest growth rate, owing to urbanization and the need for affordable housing solutions in countries like India and China.



    Product Type Analysis



    The manufactured homes market can be segmented by product type into single-section and multi-section homes. Single-section homes, often referred to as "single-wides," are more compact and typically cover less than 1,000 square feet. These homes are easier to transport and set up, making them a popular choice for individuals or small families. Single-section homes tend to be more affordable due to their smaller size and simpler design, which makes them an attractive option for budget-conscious buyers.



    Multi-section homes, also known as "double-wides" or "triple-wides," offer more space and can cover up to 3,000 square feet or more. These homes are designed with multiple sections that are assembled on-site. The extra space in multi-section homes allows for more customization and the inclusion of additional amenities such as larger kitchens, multiple bathrooms, and extra bedrooms. This makes them suitable for larger families or individuals looking for more spacious living accommodations.



    The market for multi-section homes is growing faster than single-section homes due to their resemblance to traditional site-built homes. They offer a higher level of comfort and luxury while still being more affordable than conventional housing. The flexibility in design and increased living space make multi-section homes an appealing option for a broader range of consumers. Additionally, advancements in construction technology have made it easier to manufacture and assemble these larger units, further boosting their popularity.



    In terms of market share, multi-section homes hold a larger portion due to the high demand for more spacious living solutions. However, single-section homes continue to maintain a significant presence, particularly in rural areas where land is

  18. Housing Affordability Data System (HADS)

    • catalog.data.gov
    • datadiscoverystudio.org
    • +2more
    Updated Mar 1, 2024
    + more versions
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    U.S. Department of Housing and Urban Development (2024). Housing Affordability Data System (HADS) [Dataset]. https://catalog.data.gov/dataset/housing-affordability-data-system-hads
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    Dataset updated
    Mar 1, 2024
    Dataset provided by
    United States Department of Housing and Urban Developmenthttp://www.hud.gov/
    Description

    The Housing Affordability Data System (HADS) is a set of files derived from the 1985 and later national American Housing Survey (AHS) and the 2002 and later Metro AHS. This system categorizes housing units by affordability and households by income, with respect to the Adjusted Median Income, Fair Market Rent (FMR), and poverty income. It also includes housing cost burden for owner and renter households. These files have been the basis for the worst case needs tables since 2001. The data files are available for public use, since they were derived from AHS public use files and the published income limits and FMRs. These dataset give the community of housing analysts the opportunity to use a consistent set of affordability measures. The most recent year HADS is available as a Public Use File (PUF) is 2013. For 2015 and beyond, HADS is only available as an IUF and can no longer be released on a PUF. Those seeking access to more recent data should reach to the listed point of contact.

  19. Annual costs of long-term care services in the U.S. in 2024, by type

    • statista.com
    • ai-chatbox.pro
    Updated Jun 27, 2025
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    Statista (2025). Annual costs of long-term care services in the U.S. in 2024, by type [Dataset]. https://www.statista.com/statistics/310446/annual-median-rate-of-long-term-care-services-in-the-us/
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    Dataset updated
    Jun 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jul 2024 - Dec 2024
    Area covered
    United States
    Description

    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.

  20. Manufactured Homes Modular Homes and Mobile Homes Sales Market Report |...

    • dataintelo.com
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    Updated Jan 7, 2025
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    Dataintelo (2025). Manufactured Homes Modular Homes and Mobile Homes Sales Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-manufactured-homes-modular-homes-and-mobile-homes-sales-market
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    csv, pptx, pdfAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
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    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Manufactured Homes, Modular Homes, and Mobile Homes Sales Market Outlook



    The manufactured homes, modular homes, and mobile homes sales market size is projected to witness robust growth, with a compound annual growth rate (CAGR) of 6.2% from 2024 to 2032. In 2023, the global market size was valued at approximately USD 25 billion and is anticipated to reach around USD 41.5 billion by 2032. This growth is driven by several factors including increasing demand for affordable housing solutions, advancements in construction technology, and rising awareness about the benefits of modular and manufactured homes.



    One of the primary growth factors for the market is the escalating demand for affordable housing. With urbanization on the rise and more people moving to cities, the need for cost-effective housing solutions has never been higher. Manufactured homes, modular homes, and mobile homes offer a lower-cost alternative to traditional housing, making them highly attractive to first-time homebuyers, retirees, and those looking to downsize. In addition, the quicker build times associated with these types of homes make them a viable solution to housing shortages prevalent in many urban areas.



    Technological advancements in construction methods have significantly contributed to the market's growth. Innovations such as improved materials, automation in manufacturing processes, and advanced design software have made it possible to produce high-quality manufactured and modular homes that meet stringent building codes and customer expectations. These advancements also contribute to reducing construction time and cost, thereby enhancing market attractiveness. Moreover, the ability to customize homes according to individual preferences and local building codes further fuels market demand.



    Environmental concerns and the push for sustainable living have also played a critical role in market expansion. Manufactured and modular homes are often more energy-efficient than traditional homes due to better insulation and the use of sustainable materials. These homes can be built to meet or exceed energy efficiency standards, which not only helps in reducing the carbon footprint but also significantly lowers utility bills for homeowners. This environmental advantage appeals to a growing segment of environmentally conscious consumers.



    The Single-family Detached Home Business is an emerging trend within the broader housing market, offering unique opportunities for entrepreneurs and investors. This segment focuses on standalone homes that are not attached to any other dwelling, providing privacy and space that many homeowners desire. As urban areas continue to expand, the demand for single-family detached homes is expected to rise, driven by families seeking more personal space and a connection to nature. This business model allows for customization and personalization, catering to the specific needs and preferences of individual buyers. Additionally, the flexibility in design and construction methods makes it possible to incorporate sustainable practices, appealing to environmentally conscious consumers. The growth of this sector is further supported by favorable government policies and incentives aimed at promoting homeownership and sustainable development.



    From a regional perspective, North America holds a significant share of the market, primarily due to the high rate of adoption of these housing types in the United States and Canada. The Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, driven by rapid urbanization, government initiatives promoting affordable housing, and increasing disposable incomes. Europe, Latin America, and the Middle East & Africa also present substantial growth opportunities, although the market dynamics vary significantly across these regions due to differences in economic conditions, regulatory frameworks, and consumer preferences.



    Product Type Analysis



    The product type segment of the manufactured homes, modular homes, and mobile homes sales market is categorized into single-wide homes, double-wide homes, and triple-wide homes. Single-wide homes are a popular choice among budget-conscious buyers due to their affordability and compact size. These homes are typically narrower and can be transported in one piece, making them an ideal option for individuals and small families looking for economical living solutions without compromising on essential amenities.

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Statista (2025). Cost of living index in the U.S. 2024, by state [Dataset]. https://www.statista.com/statistics/1240947/cost-of-living-index-usa-by-state/
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Cost of living index in the U.S. 2024, by state

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2 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
May 27, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2024
Area covered
United States
Description

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.

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