34 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. Cost of living by State in USA - MERIC

    • kaggle.com
    zip
    Updated Jun 25, 2023
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    Karol Łukaszczyk (2023). Cost of living by State in USA - MERIC [Dataset]. https://www.kaggle.com/datasets/lukkardata/cost-of-living-missouri-economic-research
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    zip(1423 bytes)Available download formats
    Dataset updated
    Jun 25, 2023
    Authors
    Karol Łukaszczyk
    License

    https://www.usa.gov/government-works/https://www.usa.gov/government-works/

    Area covered
    United States
    Description

    Thumbnail Image by macrovector_official on Freepik

    Missouri Economic Research and Information Center (MERIC) derives the cost of living index for each state by averaging the indices of participating cities and metropolitan areas in that state.

    In general, the most expensive areas to live were Hawaii, Alaska, the Northeast, and the West Coast. The least expensive areas were the Midwest and Southern states.

    Cities across the nation participate in the Council for Community & Economic Research (C2ER) survey on a volunteer basis. Price information in the survey is governed by C2ER collection guidelines which strive for uniformity.

    The entries for Ontario, British Columbia, and Remote were added manually for my use case.

  3. 10 most expensive U.S. states for a room in an assisted living facility 2024...

    • statista.com
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    Statista, 10 most expensive U.S. states for a room in an assisted living facility 2024 [Dataset]. https://www.statista.com/statistics/310434/most-expensive-annual-cost-private-room-community-assisted-living-facility-by-state/
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    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 ****** 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.

  4. Consumer Sentiment Index in the U.S. 2012-2025

    • statista.com
    Updated Mar 13, 2025
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    Statista Research Department (2025). Consumer Sentiment Index in the U.S. 2012-2025 [Dataset]. https://www.statista.com/topics/768/cost-of-living/
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    Dataset updated
    Mar 13, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Statista Research Department
    Area covered
    United States
    Description

    The Consumer Sentiment Index in the United States stood at 51 in November 2025. This reflected a drop of 2.6 point from the previous survey. Furthermore, this was its lowest level measured since June 2022. The index is normalized to a value of 100 in December 1964 and based on a monthly survey of consumers, conducted in the continental United States. It consists of about 50 core questions which cover consumers' assessments of their personal financial situation, their buying attitudes and overall economic conditions.

  5. Comparison of Worldwide Cost of Living 2020

    • kaggle.com
    zip
    Updated Nov 3, 2021
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    serdar altan (2021). Comparison of Worldwide Cost of Living 2020 [Dataset]. https://www.kaggle.com/datasets/hserdaraltan/comparison-of-worldwide-cost-of-living-2020
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    zip(17638 bytes)Available download formats
    Dataset updated
    Nov 3, 2021
    Authors
    serdar altan
    License

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

    Description

    "Cost of living and purchasing power related to average income

    We adjusted the average cost of living inside the USA (based on 2021 and 2022) to an index of 100. All other countries are related to this index. Therefore with an index of e.g. 80, the usual expenses in another country are 20% less then in the United States.

    The monthly income (please do not confuse this with a wage or salary) is calculated from the gross national income per capita.

    The calculated purchasing power index is again based on a value of 100 for the United States. If it is higher, people can afford more based on the cost of living in relation to income. If it is lower, the population is less wealthy.

    The example of Switzerland: With a cost of living index of 142 all goods are on average about 42% more expensive than in the USA. But the average income in Switzerland of 7,550 USD is also 28% higher, which means that citizens can also afford more goods. Now you calculate the 42% higher costs against the 28% higher income. In the result, people in Switzerland can afford about 10 percent less than a US citizen."

    Source: https://www.worlddata.info/cost-of-living.php

  6. U.S. consumer price index: medical professional and hospital services...

    • statista.com
    Updated Mar 13, 2025
    + more versions
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    Statista Research Department (2025). U.S. consumer price index: medical professional and hospital services 1970-2025 [Dataset]. https://www.statista.com/topics/768/cost-of-living/
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    Dataset updated
    Mar 13, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Statista Research Department
    Area covered
    United States
    Description

    In 2025, the Consumer Price Index (CPI) for medical professional services in the United States was at 432.46, compared to the period from 1982 to 1984 (=100). The CPI for hospital services was at 1,102.12.

  7. G

    Cost of living by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated May 22, 2021
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    Globalen LLC (2021). Cost of living by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/cost_of_living_wb/
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    csv, xml, excelAvailable download formats
    Dataset updated
    May 22, 2021
    Dataset authored and provided by
    Globalen LLC
    License

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

    Time period covered
    Dec 31, 2017 - Dec 31, 2021
    Area covered
    World
    Description

    The average for 2021 based on 165 countries was 79.81 index points. The highest value was in Bermuda: 212.7 index points and the lowest value was in Syria: 33.25 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

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

    • statista.com
    Updated Apr 16, 2022
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    Statista (2022). 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
    Apr 16, 2022
    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.

  9. Statewise Quality of Life Index 2024

    • kaggle.com
    zip
    Updated Jun 6, 2024
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    Hassan (2024). Statewise Quality of Life Index 2024 [Dataset]. https://www.kaggle.com/datasets/msjahid/statewise-quality-of-life-index-2024
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    zip(1100 bytes)Available download formats
    Dataset updated
    Jun 6, 2024
    Authors
    Hassan
    License

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

    Description

    Quality of Life by State 2024

    https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F1937611%2F82267b1a15f8669ec2a072972bebccb5%2Fquality-of-life-by-us-state.png?generation=1717697280376438&alt=media" alt="">

    This dataset provides insights into the quality of life across different states in the United States for the year 2024. Quality of life, encompassing aspects like comfort, health, and happiness, is evaluated through various metrics including affordability, economy, education, and safety. Dive into this dataset to understand how different states fare in terms of overall quality of life and its individual components.

    Columns Description

    • State: The name of the U.S. state.
    • QualityOfLifeTotalScore: The total score representing the overall quality of life for the respective state. This score is calculated based on various quality of life metrics.
    • QualityOfLifeQualityOfLife: The score representing the quality of life aspect for the respective state. This aspect may include subjective factors related to happiness, satisfaction, and overall well-being. Higher scores may indicate a higher level of subjective well-being, happiness, or overall satisfaction among residents. Lower scores could suggest lower levels of subjective well-being.
    • QualityOfLifeAffordability: The score representing the affordability aspect of the quality of life for the respective state. This aspect evaluates factors such as cost of living, housing affordability, and income levels. Higher scores typically indicate greater affordability of housing, cost of living, and basic necessities. Lower scores may suggest that these essentials are less accessible or more expensive for residents.
    • QualityOfLifeEconomy: The score representing the economic aspect of the quality of life for the respective state. This aspect assesses factors such as employment opportunities, economic growth, and income distribution. Higher scores may reflect a stronger economy with more job opportunities, higher incomes, and lower levels of poverty. Lower scores might indicate economic challenges such as unemployment or income inequality.
    • QualityOfLifeEducationAndHealth: The score representing the education and health aspect of the quality of life for the respective state. This aspect considers factors such as access to quality education, healthcare facilities, and overall public health indicators. Higher scores generally signify better access to quality education, healthcare services, and overall public health. Lower scores may indicate deficiencies in these areas, such as limited access to healthcare or lower educational attainment levels.
    • QualityOfLifeSafety: The score representing the safety aspect of the quality of life for the respective state. This aspect evaluates factors such as crime rates, public safety measures, and community well-being initiatives. Higher scores suggest lower crime rates, better community safety, and a higher sense of security among residents. Lower scores may indicate higher crime rates or concerns about safety.

    These descriptions provide an overview of what each column represents and the specific aspects of quality of life they assess for each U.S. state.

  10. Cost of Living Index 2022

    • kaggle.com
    Updated May 28, 2022
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    Ankan Hore (2022). Cost of Living Index 2022 [Dataset]. https://www.kaggle.com/datasets/ankanhore545/cost-of-living-index-2022
    Explore at:
    CroissantCroissant is a format for machine-learning datasets. Learn more about this at mlcommons.org/croissant.
    Dataset updated
    May 28, 2022
    Dataset provided by
    Kaggle
    Authors
    Ankan Hore
    Description

    Cost of Living Index (Excl. Rent) is a relative indicator of consumer goods prices, including groceries, restaurants, transportation and utilities. Cost of Living Index does not include accommodation expenses such as rent or mortgage. If a city has a Cost of Living Index of 120, it means Numbeo has estimated it is 20% more expensive than New York (excluding rent).

    Please refer further to: https://www.numbeo.com/cost-of-living/cpi_explained.jsp for motivation and methodology.

    All credits to https://www.numbeo.com .

    This dataset would surely help socio-economic researchers to analyse and get deeper insights regarding the life of people country-wise.

    Thanks to @andradaolteanu for the motivation! Upwards and onwards...

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

    • statista.com
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    Statista, 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 authored and provided by
    Statistahttp://statista.com/
    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.

  12. f

    Alabama cost of living for the counties with the lowest and highest MHI in...

    • plos.figshare.com
    xls
    Updated Sep 24, 2025
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    Rebecca G. Etter; Jillian Maxcy-Brown; Mark O. Barnett (2025). Alabama cost of living for the counties with the lowest and highest MHI in Alabama (2022 U.S. Dollars). [Dataset]. http://doi.org/10.1371/journal.pwat.0000423.t003
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    xlsAvailable download formats
    Dataset updated
    Sep 24, 2025
    Dataset provided by
    PLOS Water
    Authors
    Rebecca G. Etter; Jillian Maxcy-Brown; Mark O. Barnett
    License

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

    Area covered
    Alabama, United States
    Description

    Alabama cost of living for the counties with the lowest and highest MHI in Alabama (2022 U.S. Dollars).

  13. T

    Vital Signs: Poverty - by county (2022)

    • data.bayareametro.gov
    csv, xlsx, xml
    Updated Jan 3, 2023
    + more versions
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    (2023). Vital Signs: Poverty - by county (2022) [Dataset]. https://data.bayareametro.gov/dataset/Vital-Signs-Poverty-by-county-2022-/ft5b-u25x
    Explore at:
    xlsx, csv, xmlAvailable download formats
    Dataset updated
    Jan 3, 2023
    Description

    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
    January 2023

    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
    1980-2000

    U.S. Census Bureau: American Community Survey - https://data.census.gov/
    2007-2021
    Form C17002

    CONTACT INFORMATION
    vitalsigns.info@mtc.ca.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. 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 non-cash benefits (such as public housing, Medicaid and food stamps).

    For the national poverty level definitions by year, see: US Census Bureau Poverty Thresholds - https://www.census.gov/data/tables/time-series/demo/income-poverty/historical-poverty-thresholds.html.

    For an explanation on how the Census Bureau measures poverty, see: How the Census Bureau Measures Poverty - https://www.census.gov/topics/income-poverty/poverty/guidance/poverty-measures.html.

    American Community Survey (ACS) 1-year data is used for larger geographies – Bay counties and most metropolitan area counties – while smaller geographies rely upon 5-year rolling average data due to their smaller sample sizes. Note that 2020 data uses the 5-year estimates because the ACS did not collect 1-year data for 2020.

    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.

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

    • statista.com
    Updated Nov 29, 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
    Nov 29, 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.

  15. House-price-to-income ratio in selected countries worldwide 2024

    • statista.com
    Updated Nov 29, 2025
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    Statista (2025). House-price-to-income ratio in selected countries worldwide 2024 [Dataset]. https://www.statista.com/statistics/237529/price-to-income-ratio-of-housing-worldwide/
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    Dataset updated
    Nov 29, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Worldwide
    Description

    Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

  16. U.S. median household income 2024, by state

    • statista.com
    Updated Aug 15, 2025
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    Statista (2025). U.S. median household income 2024, by state [Dataset]. https://www.statista.com/statistics/233170/median-household-income-in-the-united-states-by-state/
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    Dataset updated
    Aug 15, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    United States
    Description

    In 2024, Massachusetts recorded the highest median household income in the United States, at 113,900 U.S. dollars. On the other hand, Mississippi, recorded the lowest, at 55,980 U.S. dollars. Overall, the median income for households in the U.S. was at 83,730 U.S. dollars that year.

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

    • statista.com
    Updated Nov 24, 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
    Nov 24, 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.

  18. Median monthly rent for senior housing in the U.S. 2024, by state

    • statista.com
    Updated Jun 27, 2025
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    Statista (2025). Median monthly rent for senior housing in the U.S. 2024, by state [Dataset]. https://www.statista.com/statistics/1440192/monthly-rent-senior-housing-by-state-usa/
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    Dataset updated
    Jun 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    United States
    Description

    In 2024, the median monthly cost for senior housing in the U.S. was the highest in Washington, D.C. where it exceeded the national median by about ***** U.S. dollars. The prices refer to independent living facilities, which are targeted toward older adults. These facilities provide a range of amenities, including housekeeping, social activities, and meals, but usually exclude help with personal care. North Dakota was the most affordable state, where the median monthly cost was approximately ***** U.S. dollars. Senior housing is a growing segment of the rental housing market. Despite a slight fluctuation during the COVID-19 pandemic, the average cost of senior housing has increased notably over the past years.

  19. Average monthly costs for senior housing in the U.S. 2019-2025, by type

    • statista.com
    Updated Oct 6, 2025
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    Statista (2025). Average monthly costs for senior housing in the U.S. 2019-2025, by type [Dataset]. https://www.statista.com/statistics/894292/monthly-rent-senior-housing-by-state-usa/
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    Dataset updated
    Oct 6, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The average monthly cost for senior housing in the U.S. in 2025 was the highest for memory care and the lowest for independent living facilities. In the second quarter of the year, the average monthly cost for independent living housing was ***** U.S. dollars. Senior housing costs also vary vastly across different states.

  20. Year-on-year apartment rent change in the U.S. 2025, by state

    • statista.com
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    Statista, Year-on-year apartment rent change in the U.S. 2025, by state [Dataset]. https://www.statista.com/statistics/1219347/average-annual-apartment-rent-change-usa-by-state/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2025
    Area covered
    United States
    Description

    In January 2025, apartment rents recorded an annual growth in most U.S. states. Nevertheless, the national average rent declined by about *** percent. West Virginia was the state with the largest rental increase, while Colorado measured the largest decline. California, one of the most expensive states to rent an apartment, such as California, saw an increase of about *** percent from the previous year. How much should you earn to afford to rent an apartment in different states in the U.S.? Both employment opportunities and the living costs vary widely across the country. In California, which is among the most competitive housing markets in the U.S., the hourly wage needed to afford a two-bedroom apartment rental was roughly ** U.S. dollars, more than twice higher than in North Carolina, Louisiana, or Michigan in 2024. When it comes to the median household income, on the other hand, California does not even make it in the top ten states. How much should you earn to afford a home in some of U.S. largest metros? In 2022, the annual salary needed to buy a median-priced home in the U.S. was ****** U.S. dollars. However, in some of the largest metropolitan areas in the United States, where housing prices are up to two or three times higher, homebuyers would have to earn more than 100,000 U.S. dollars to afford a home. In San Jose, which was the most expensive metro, the annual salary needed for a median-priced home was approximately ******* U.S. dollars.

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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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