36 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. V

    Quality-of-life-by-state

    • data.virginia.gov
    csv
    Updated Apr 17, 2024
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    Datathon 2024 (2024). Quality-of-life-by-state [Dataset]. https://data.virginia.gov/dataset/quality-of-life-by-state
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    csv(1738)Available download formats
    Dataset updated
    Apr 17, 2024
    Dataset authored and provided by
    Datathon 2024
    Description

    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.

  3. 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.

  4. 10 most expensive U.S. states for a room in an assisted living facility 2024...

    • statista.com
    Updated Jul 10, 2025
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    Statista (2025). 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 updated
    Jul 10, 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 ****** 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.

  5. Cost of living crisis: Most relevant social networks for Millennials in the...

    • statista.com
    Updated Jun 5, 2023
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    Statista (2023). Cost of living crisis: Most relevant social networks for Millennials in the U.S. 2023 [Dataset]. https://www.statista.com/statistics/1383882/cost-of-living-crisis-most-relevant-social-networks-for-millennials-in-the-us/
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    Dataset updated
    Jun 5, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 19, 2023 - Apr 24, 2023
    Area covered
    United States
    Description

    This statistic illustrates the most popular social networks among Millennials for finding the most relevant content on the cost of living crisis in the United States in 2023. According to a survey by We Are Social and Statista Q, 61 percent of Millennials who use TikTok find the most relevant content over there, followed by another 59 percent of the consumers who use YouTube.

  6. 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.

  7. State

    • atlas-connecteddmv.hub.arcgis.com
    Updated Aug 29, 2022
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    Esri (2022). State [Dataset]. https://atlas-connecteddmv.hub.arcgis.com/datasets/esri::state-136
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    Dataset updated
    Aug 29, 2022
    Dataset authored and provided by
    Esrihttp://esri.com/
    Area covered
    Description

    The County Health Rankings, a collaboration between the Robert Wood Johnson Foundation and the University of Wisconsin Population Health Institute, measure the health of nearly all counties in the nation and rank them within states. This feature layer contains 2022 County Health Rankings data for nation, state, and county levels. The Rankings are compiled using county-level measures from a variety of national and state data sources. Some example measures are:adult smokingphysical inactivityflu vaccinationschild povertydriving alone to workTo see a full list of variables, as well as their definitions and descriptions, explore the Fields information by clicking the Data tab here in the Item Details. These measures are standardized and combined using scientifically-informed weights."By ranking the health of nearly every county in the nation, County Health Rankings & Roadmaps (CHR&R) illustrates how where we live affects how well and how long we live. CHR&R also shows what each of us can do to create healthier places to live, learn, work, and play – for everyone."Counties are ranked within their state on both health outcomes and health factors. Counties with a lower (better) health outcomes ranking than health factors ranking may see the health of their county decline in the future, as factors today can result in outcomes later. Conversely, counties with a lower (better) factors ranking than outcomes ranking may see the health of their county improve in the future.Some new variables in the 2022 Rankings data compared to previous versions:COVID-19 age-adjusted mortalitySchool segregationSchool funding adequacyGender pay gapChildcare cost burdenChildcare centersLiving wage (while the Living wage measure was introduced to the CHRR dataset in 2022 from the Living Wage Calculator, it is not available in the Living Atlas dataset and user’s interested in the most up to date living wage data can look that up on the Living Wage Calculator website).Data Processing Notes:Data downloaded April 2022Slight modifications made to the source data are as follows:The string " raw value" was removed from field labels/aliases so that auto-generated legends and pop-ups would only have the measure's name, not "(measure's name) raw value" and strings such as "(%)", "rate", or "per 100,000" were added depending on the type of measure.Percentage and Prevalence fields were multiplied by 100 to make them easier to work with in the map.Ratios were set to null if negative to make them easier to work with in the map.For demographic variables, the word "numerator" was removed and the word "population" was added where appropriate.Fields dropped from analytic data file: yearall fields ending in "_cihigh" and "_cilow"and any variables that are not listed in the sources and years documentation.Analytic data file was then merged with state-specific ranking files so that all county rankings and subrankings are included in this layer.2010 US boundaries were used as the data contain 2010 US census geographies, for a total of 3,142 counties.

  8. U.S. state ranking of least-affordable child care for a school-aged child...

    • statista.com
    Updated Jul 5, 2024
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    Statista (2024). U.S. state ranking of least-affordable child care for a school-aged child 2019 [Dataset]. https://www.statista.com/statistics/254025/us-state-ranking-of-least-affordable-child-care-for-a-school-aged-child-in-a-center/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2019
    Area covered
    United States
    Description

    In 2019, the state of California had the least affordable child care for school-aged children. The cost of care is presented as a percentage of state median income for a two-parent family. A two-parent family, living in the state, spent 19 percent of their median income for full-time care of a school-aged child in a child care center.

  9. m

    Brookdale Senior Living Inc - Other-Operating-Expenses

    • macro-rankings.com
    csv, excel
    Updated Aug 10, 2025
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    macro-rankings (2025). Brookdale Senior Living Inc - Other-Operating-Expenses [Dataset]. https://www.macro-rankings.com/markets/stocks/bkd-nyse/income-statement/other-operating-expenses
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    excel, csvAvailable download formats
    Dataset updated
    Aug 10, 2025
    Dataset authored and provided by
    macro-rankings
    License

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

    Area covered
    united states
    Description

    Other-Operating-Expenses Time Series for Brookdale Senior Living Inc. Brookdale Senior Living Inc. owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors. The Assisted Living and Memory Care segment owns or leases communities consisting of freestanding, multi-story communities and freestanding, single-story communities, which offer housing and 24-hour assistance with activities of daily living for the Company's residents. This segment operates memory care communities for residents with Alzheimer's and other dementias. The CCRCs segment owns or leases communities that provides various living arrangements, such as independent and assisted living, memory care, and skilled nursing; and services to accommodate various levels of physical ability and healthcare needs. It manages communities on behalf of others. The company was incorporated in 2005 and is headquartered in Brentwood, Tennessee.

  10. Cost of living index in India 2024, by city

    • statista.com
    Updated Jun 23, 2025
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    Statista (2025). Cost of living index in India 2024, by city [Dataset]. https://www.statista.com/statistics/1399330/india-cost-of-living-index-by-city/
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    As of September 2024, Mumbai had the highest cost of living among other cities in the country, with an index value of ****. Gurgaon, a satellite city of Delhi and part of the National Capital Region (NCR) followed it with an index value of ****.  What is cost of living? The cost of living varies depending on geographical regions and factors that affect the cost of living in an area include housing, food, utilities, clothing, childcare, and fuel among others. The cost of living is calculated based on different measures such as the consumer price index (CPI), living cost indexes, and wage price index. CPI refers to the change in the value of consumer goods and services. The wage price index, on the other hand, measures the change in labor services prices due to market pressures. Lastly, the living cost indexes calculate the impact of changing costs on different households. The relationship between wages and costs determines affordability and shifts in the cost of living. Mumbai tops the list Mumbai usually tops the list of most expensive cities in India. As the financial and entertainment hub of the country, Mumbai offers wide opportunities and attracts talent from all over the country. It is the second-largest city in India and has one of the most expensive real estates in the world.

  11. 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.

  12. U.S. median household income 2023, by state

    • statista.com
    Updated Sep 16, 2024
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    Statista (2024). U.S. median household income 2023, by state [Dataset]. https://www.statista.com/statistics/233170/median-household-income-in-the-united-states-by-state/
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    Dataset updated
    Sep 16, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    United States
    Description

    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.

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

    • statista.com
    Updated Aug 11, 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
    Aug 11, 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.

  14. U.S. Consumer Price Index for selected U.S. cities 2024

    • statista.com
    Updated Mar 5, 2025
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    Statista (2025). U.S. Consumer Price Index for selected U.S. cities 2024 [Dataset]. https://www.statista.com/statistics/245014/consumer-price-index-for-selected-us-cities/
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    Dataset updated
    Mar 5, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    United States
    Description

    In 2024, the CPI in U.S. cities averaged at 313.7. However, the CPI for the New York-Newark-Jersey City metropolitan area amounted to about 334.21. Prices in New York City were significantly higher than the U.S. average. Nonetheless, the San Diego-Carlsbad area ranked first with a CPI of 373.32.The monthly inflation rate for the United States can be found here.

  15. U.S. real per capita GDP 2024, by state

    • statista.com
    Updated Jul 31, 2025
    + more versions
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    Statista (2025). U.S. real per capita GDP 2024, by state [Dataset]. https://www.statista.com/statistics/248063/per-capita-us-real-gross-domestic-product-gdp-by-state/
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    Dataset updated
    Jul 31, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    United States
    Description

    Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

  16. Average price per square meter of an apartment in Europe 2025, by city

    • statista.com
    Updated Jun 25, 2025
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    Statista (2025). Average price per square meter of an apartment in Europe 2025, by city [Dataset]. https://www.statista.com/statistics/1052000/cost-of-apartments-in-europe-by-city/
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    Dataset updated
    Jun 25, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Europe
    Description

    Geneva stands out as Europe's most expensive city for apartment purchases in early 2025, with prices reaching a staggering 15,720 euros per square meter. This Swiss city's real estate market dwarfs even high-cost locations like Zurich and London, highlighting the extreme disparities in housing affordability across the continent. The stark contrast between Geneva and more affordable cities like Nantes, France, where the price was 3,700 euros per square meter, underscores the complex factors influencing urban property markets in Europe. Rental market dynamics and affordability challenges While purchase prices vary widely, rental markets across Europe also show significant differences. London maintained its position as the continent's priciest city for apartment rentals in 2023, with the average monthly costs for a rental apartment amounting to 36.1 euros per square meter. This figure is double the rent in Lisbon, Portugal or Madrid, Spain, and substantially higher than in other major capitals like Paris and Berlin. The disparity in rental costs reflects broader economic trends, housing policies, and the intricate balance of supply and demand in urban centers. Economic factors influencing housing costs The European housing market is influenced by various economic factors, including inflation and energy costs. As of April 2025, the European Union's inflation rate stood at 2.4 percent, with significant variations among member states. Romania experienced the highest inflation at 4.9 percent, while France and Cyprus maintained lower rates. These economic pressures, coupled with rising energy costs, contribute to the overall cost of living and housing affordability across Europe. The volatility in electricity prices, particularly in countries like Italy where rates are projected to reach 153.83 euros per megawatt hour by February 2025, further impacts housing-related expenses for both homeowners and renters.

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

    • statista.com
    Updated May 6, 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
    May 6, 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.

  18. Average monthly costs for senior housing in the U.S. 2019-2024, by type

    • statista.com
    Updated Jul 9, 2025
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    Statista (2025). Average monthly costs for senior housing in the U.S. 2019-2024, by type [Dataset]. https://www.statista.com/statistics/894292/monthly-rent-senior-housing-by-state-usa/
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    Dataset updated
    Jul 9, 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 2024 was the highest for memory care and the lowest for independent living facilities. In the fourth quarter of the year, the average monthly cost for independent living housing was ***** U.S. dollars. That nearly *** U.S. dollars (** percent) higher than in the first quarter of 2019. Senior housing costs also vary vastly across different states.

  19. Quality of life index: score by category in Europe 2025

    • statista.com
    Updated Jan 8, 2025
    + more versions
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    Statista (2025). Quality of life index: score by category in Europe 2025 [Dataset]. https://www.statista.com/statistics/1541464/europe-quality-life-index-by-category/
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    Dataset updated
    Jan 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2025
    Area covered
    Europe
    Description

    Luxembourg stands out as the European leader in quality of life for 2025, achieving a score of 220 on the Quality of Life Index. The Netherlands follows closely behind with 211 points, while Albania and Ukraine rank at the bottom with scores of 104 and 115 respectively. This index provides a thorough assessment of living conditions across Europe, reflecting various factors that shape the overall well-being of populations and extending beyond purely economic metrics. Understanding the quality of life index The quality of life index is a multifaceted measure that incorporates factors such as purchasing power, pollution levels, housing affordability, cost of living, safety, healthcare quality, traffic conditions, and climate, to measure the overall quality of life of a Country. Higher overall index scores indicate better living conditions. However, in subindexes such as pollution, cost of living, and traffic commute time, lower values correspond to improved quality of life. Challenges affecting life satisfaction Despite the fact that European countries register high levels of life quality by for example leading the ranking of happiest countries in the world, life satisfaction across the European Union has been on a downward trend since 2018. The EU's overall life satisfaction score dropped from 7.3 out of 10 in 2018 to 7.1 in 2022. This decline can be attributed to various factors, including the COVID-19 pandemic and economic challenges such as high inflation. Rising housing costs, in particular, have emerged as a critical concern, significantly affecting quality of life. This issue has played a central role in shaping voter priorities for the European Parliamentary Elections in 2024 and becoming one of the most pressing challenges for Europeans, profoundly influencing both daily experiences and long-term well-being.

  20. Number of mobile homes in the U.S. 2023, by state

    • statista.com
    Updated Jun 23, 2025
    + more versions
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    Statista (2025). Number of mobile homes in the U.S. 2023, by state [Dataset]. https://www.statista.com/statistics/1038637/states-with-most-mobile-homes-usa/
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Sep 2023
    Area covered
    United States
    Description

    Texas, North Carolina, and Florida were the states with the highest number of mobile homes in the U.S. as of September 2023. Since 1994, the cumulative number of manufactured housing units shipped to Texas amounted to approximately *******. Texas was also home to the largest number of manufactured home production plants, with over ** facilities operating in the state. What is the price of a mobile home? Because they are factory manufactured, mobile homes are considerably less expensive than regular homes. In 2022, a double-width mobile home cost about ******* U.S. dollars. While this may be more affordable than buying a new home, there are drawbacks to owning a mobile home. For example, unless the home buyer also owns the land, the mobile home is likely to depreciate over time. In contrast, regular homeowners can expect that if home prices and land prices grow, their property will go up in value. The need for affordable housing With house prices and mortgage rates rising, while housing inventory remains limited, it has become increasingly difficult for prospective homebuyers to buy a home. To address this issue, the Biden-Harris administration released a housing supply action plan aiming to close the housing supply gap in the next five years. Within the scope of the plan are policies that encourage state and local zoning and land-use laws, piloting new financing for housing production and preservation, and preserving the availability of affordable housing for owner-occupants.

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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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