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TwitterWest 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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TwitterIn 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.
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TwitterThe 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.
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"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."
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TwitterOf 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.
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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.
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The United States senior living market, valued at $112.93 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 5.86% from 2025 to 2033. This expansion is fueled by several key drivers. The aging population, particularly the baby boomer generation, is a significant factor, creating an increasing demand for assisted living, independent living, memory care, and nursing care facilities. Furthermore, rising disposable incomes and increasing awareness of the benefits of senior living communities contribute to market growth. Technological advancements in senior care, such as telehealth and remote monitoring, are also enhancing the quality of life for residents and boosting market appeal. However, the market faces some restraints, including the rising costs of healthcare and senior care services, potentially limiting accessibility for some segments of the population. Furthermore, staffing shortages within the industry represent a significant challenge. The market is segmented by property type, with assisted living, independent living, and memory care facilities representing the largest segments. Key states driving market growth include New York, Illinois, California, North Carolina, and Washington, reflecting higher concentrations of the senior population and higher disposable incomes. Major players in the market such as Ensign Group Inc, Sunrise Senior Living, Brookdale Senior Living Inc, and Atria Senior Living Inc, compete fiercely, driving innovation and service improvements. The forecast period (2025-2033) anticipates continued growth, driven by the ongoing demographic shifts and increased demand for high-quality senior care options. Strategic partnerships, acquisitions, and investments in technology are likely to shape the competitive landscape in the coming years. The industry will continue to adapt to meet the evolving needs of the aging population, focusing on personalized care, innovative technologies, and cost-effective solutions. This comprehensive report provides an in-depth analysis of the booming United States senior living market, covering the period from 2019 to 2033. With a base year of 2025 and a forecast period spanning 2025-2033, this report is an invaluable resource for investors, industry professionals, and anyone seeking to understand the dynamics of this rapidly evolving sector. The report leverages extensive data analysis to provide insightful projections and uncover key trends shaping the future of senior care in the US. Expect detailed breakdowns of key segments, including assisted living, independent living, memory care, and nursing care, across major states like California, New York, Illinois, North Carolina, and Washington. Recent developments include: July 2023: Spring Cypress senior living site expansion is set to open at the end of 2024 and will consist of three phases. The first phase of the expansion will include 19 independent-living, two-bedroom cottages. The second phase will include 24 townhomes. The third phase will feature 95 apartments. The final phase will feature a resort with several luxury amenities., Apr 2023: For seniors looking for innovative, high-quality care, Avista Senior Living is transitioning away from its SafelyYou partnership to empower safer, more personalized dementia care with real-time, AI video and remote clinical experts 24/7.. Key drivers for this market are: 4., Increase in Aging Population Driving the Market4.; Healthcare and Long-term Care Needs Driving the Market. Potential restraints include: 4., High Affordability and Cost of Care Affecting the Market4.; Staffing and Workforce Challenges Affecting the Market. Notable trends are: Senior Housing Witnessing Increased Demand.
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Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q2 2025 about sales, median, housing, and USA.
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We use a dataset with prices and spending on consumer packaged goods matched at the barcode-level across the US and Mexico to measure the price index in Mexico relative to the US. Mexican prices relative to the US are 23% lower compared to the International Comparisons Project's (ICP) price index. We decompose the 23% gap into the biases from imputation, sampling, quality, and variety. Quality bias increases Mexican prices by 48%. Imputation, sampling, and variety bias lowers Mexican prices by 11%, 13%, and 33%, respectively.
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Cost of food in the United States increased 3.10 percent in September of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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US Senior Living Market Size 2025-2029
The senior living market in US size is forecast to increase by USD 30.58 billion at a CAGR of 5.9% between 2024 and 2029.
The senior living market is experiencing significant growth due to various driving factors. One of the primary factors is the aging population, as the number of seniors continues to increase, the demand for services is also rising. Another key trend is the integration of technology into senior living facilities, which enhances the quality of care and improves the overall living experience for seniors. Innovations in artificial intelligence, data analytics, predictive modeling, and personalized care plans are disrupting traditional care models and improving overall financial sustainability through cost containment and value-based care. However, affordability remains a challenge for many seniors and their families, as the cost of services can be prohibitive. This report provides a comprehensive analysis of these factors and more, offering insights into the current state and future direction of the market.
What will be the Size of the Market During the Forecast Period?
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The market encompasses a range of services designed to address the unique needs of an aging population, including long-term care, end-of-life care, palliative care, hospice care, respite care, adult day care, home health services, geriatric care, and various forms of cognitive and behavioral health support. This market is driven by demographic trends, with the global population of individuals aged 65 and above projected to reach 1.5 billion by 2050.
Key challenges in this market include addressing cognitive decline, social isolation, fall prevention, medication management, nutritional support, mobility assistance, personal care assistance, continence management, and other aspects of daily living. Additionally, there is a growing focus on quality of life, resident satisfaction, staffing ratios, caregiver training, technology adoption, and regulatory compliance. The aging services network is evolving to provide a continuum of care, from independent living to palliative care, with a focus on evidence-based practices, industry best practices, and regulatory compliance.
How is this market segmented, and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. Service TypeAssisted livingIndependent livingCCRCAge GroupAge 85 and olderAge 66-84Age 65 and underBy TypeMedical ServicesNon-Medical ServicesDistribution ChannelDirect SalesAgency ReferralsOnline PlatformsEnd-UserBaby BoomersSilent GenerationGen XGeographyUS
By Service Type Insights
The assisted living segment is estimated to witness significant growth during the forecast period. Assisted living communities cater to seniors who require assistance with daily activities but do not necessitate full-time nursing care. These residences offer a combination of personalized care, social engagement, and medical support in a secure and comfortable setting. The market is experiencing growth due to the expanding aging population, rising life expectancy, and a preference for home-like environments over traditional nursing homes. Personalized care services are a defining feature of assisted living. Residents receive aid with activities of daily living, such as bathing, dressing, grooming, medication management, and mobility assistance, based on their individual needs.
Trained staff members are available 24/7 to ensure the safety and well-being of residents. Memory care communities are a specialized segment within assisted living, designed for seniors with Alzheimer's disease and other forms of dementia. These facilities provide secure environments and specialized care techniques to address the unique needs of these residents. Independent living communities offer seniors the opportunity to live in a social, active environment while maintaining their independence. These communities provide housing solutions with minimal support services, such as meal preparation and housekeeping. Nursing care homes and skilled nursing facilities offer comprehensive care for seniors with chronic health conditions and complex care needs.
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Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in adoption of US Senior Living Market?
An aging population is the key driver of the market. The market in the US is experiencing significant growth due
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TwitterIn 2024, assisted living facilities in the U.S. cost a median of 70,800 U.S. dollars per year, an increase of 10 percent compared to the previous year. Meanwhile, a semi-private room and private room in a nursing home increased 7 and 9 percent respectively compared to last year. Long-term care can be provided in various environments. Assisted living facilities (ALF) are for those who may need assistance with daily living and provide both personal care and health services. Nursing home facilities provide more extensive services than ALFs, including medical care.
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Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Charleston County, SC (MWACL45019) from 2009 to 2023 about Charleston County, SC; Charleston; adjusted; SC; average; wages; real; and USA.
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Consumer Price Index CPI in the United States increased to 324.80 points in September from 323.98 points in August of 2025. This dataset provides the latest reported value for - United States Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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TwitterQuality 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.
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Discover the booming US senior living market! This in-depth analysis reveals a $112.93B market (2025) projected to grow at a 5.86% CAGR through 2033, driven by aging demographics and increasing demand for assisted living, independent living, and memory care. Learn about key players, regional trends, and growth opportunities. Recent developments include: July 2023: Spring Cypress senior living site expansion is set to open at the end of 2024 and will consist of three phases. The first phase of the expansion will include 19 independent-living, two-bedroom cottages. The second phase will include 24 townhomes. The third phase will feature 95 apartments. The final phase will feature a resort with several luxury amenities., Apr 2023: For seniors looking for innovative, high-quality care, Avista Senior Living is transitioning away from its SafelyYou partnership to empower safer, more personalized dementia care with real-time, AI video and remote clinical experts 24/7.. Key drivers for this market are: 4., Increase in Aging Population Driving the Market4.; Healthcare and Long-term Care Needs Driving the Market. Potential restraints include: 4., Increase in Aging Population Driving the Market4.; Healthcare and Long-term Care Needs Driving the Market. Notable trends are: Senior Housing Witnessing Increased Demand.
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Single Family Home Prices in the United States increased to 415200 USD in October from 412300 USD in September of 2025. This dataset provides - United States Existing Single Family Home Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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This dataset provides an extensive look into the financial health of software developers in major cities and metropolitan areas around the United States. We explore disparities between states and cities in terms of mean software developer salaries, median home prices, cost of living avgs, rent avgs, cost of living plus rent avgs and local purchasing power averages. Through this data set we can gain insights on how to better understand which areas are more financially viable than others when seeking employment within the software development field. Our data allow us to uncover patterns among certain geographic locations in order to identify other compelling financial opportunities that software developers may benefit from
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This dataset contains valuable information about software developer salaries across states and cities in the United States. It is important for recruiters and professionals alike to understand what kind of compensation software developers are likely to receive, as it may be beneficial when considering job opportunities or applying for a promotion. This guide will provide an overview of what you can learn from this dataset.
The data is organized by metropolitan areas, which encompass multiple cities within the same geographical region (e.g., “New York-Northern New Jersey” covers both New York City and Newark). From there, each metro can be broken down further into a number of different factors that may affect software developer salaries in the area:
- Mean Software Developer Salary (adjusted): The average salary of software developers in that particular metro area after accounting for cost of living differences within the region.
- Mean Software Developer Salary (unadjusted): The average salary of software developers in that particular metro area before adjusting for cost-of-living discrepancies between locales.
- Number of Software Developer Jobs: This column lists how many total jobs are available to software developers in this particular metropolitan area.
- Median Home Price: A metric which shows median value of all homes currently on the market within this partcular city or state. It helps gauge how expensive housing costs might be to potential residents who already have an idea about their income/salary range expectations when considering a move/relocation into another location or potentially looking at mortgage/rental options etc.. 5) Cost Of Living Avg: A metric designed to measure affordability using local prices paid on common consumer goods like food , transportation , health care , housing & other services etc.. Also prominent here along with rent avg ,cost od living plus rent avg helping compare relative cost structures between different locations while assessing potential remunerations & risk associated with them . 6)Local Purchasing Power Avg : A measure reflecting expected difference in discretionary spending ability among households regardless their income level upon relocation due to price discrepancies across locations allows individual assessment critical during job search particularly regarding relocation as well as comparison based decision making across prospective candidates during any hiring process . 7 ) Rent Avg : Average rental costs for homes / apartments dealbreakers even among prime job prospects particularly medium income earners.(basis family size & other constraints ) 8 ) Cost Of Living Plus Rent Avg : Used here as one sized fits perspective towards measuring overall cost structure including items
- Comparing salaries of software developers in different cities to determine which city provides the best compensation package.
- Estimating the cost of relocating to a new city by looking at average costs such as rent and cost of living.
- Predicting job growth for software developers by analyzing factors like local purchasing power, median home price and number of jobs available
If you use this dataset in your research, please credit the original authors. Data Source
License: CC0 1.0 Universal (CC0 1.0) - Public Domain Dedication No Copyright - You can copy, modify, distribute and perform the work, even for commercial purposes, all without asking perm...
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The purpose of this dataset is to provide updated data on the Zillow Observed Rent Index (ZORI). Most of the Zillow datasets on Kaggle have not been updated in four years, and no other dataset except one contains information related to rent. Providing updated data on this will also allow the community to analyze the effects of COVID-19 on rent prices, which could not be done with previous available data sets.
Zillow Observed Rent Index (ZORI): A smoothed measure of the typical observed market rate rent across a given region. ZORI is a repeat-rent index that is weighted to the rental housing stock to ensure representativeness across the entire market, not just those homes currently listed for-rent. The index is dollar-denominated by computing the mean of listed rents that fall into the 40th to 60th percentile range for all homes and apartments in a given region, which is once again weighted to reflect the rental housing stock. Details available in ZORI methodology. https://www.zillow.com/research/methodology-zori-repeat-rent-27092/
This dataset contains two files. The Metro dataset looks at the median rent prices for large US cities. The ZIP code dataset breaks the US cities down by their ZIP codes. Note that the region IDs in both datasets are only used for tracking purposes. Also, some of the ZIP codes under the Region Name are less than the standard five-digit zip code and unreliable. Even if you add zeros in accounting for possible formatting mistakes. It is recommended to remove these entries since there is no way to identify which ZIP code the entry actually represents. These entries are left in here in case some analyst can solve the issue.
Zillow provides many useful open source datasets that relate to housing, which can be found at Zillow Research Data. https://www.zillow.com/research/data/ This dataset was also prompted by an older dataset I came across that only lacked updated data. https://www.kaggle.com/zillow/rent-index Thumbnail and banner picture is from this pixabay artist https://pixabay.com/users/pexels-2286921/
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Diverse service offerings and strategic consolidation efforts drive revenue growth. Various products cater to different age demographics, with younger buyers under 55 often securing policies early to lock in lower premiums and those between 55 and 65 contributing significantly because of optimal pricing. While adults over 65 have shown growth, high premiums and elevated risks limit their contribution. Through mergers, companies can pool resources, streamline administration and offer competitive premiums, reinforcing market concentration despite the competition from government substitutes like Medicaid. Industry revenue has been growing at a CAGR of 2.4% to a total of $25.6 billion in 2025 when revenue will jump by an estimated 4.0% in 2025 alone. Healthcare costs and consumer awareness are critical for sustaining growth, especially amid increased competition from substitute programs. Rising medical and facility care expenses lead insurers to adjust premiums to maintain revenue, potentially decreasing market demand. As wages for healthcare professionals climb, insurers are challenged to balance affordability with coverage options, mindful of claim denial rates and costs of appeals. Consumer education on the variety of policies available and the pricing implications is essential, as misunderstandings can deter purchases. By enhancing transparency and educating consumers about preventative care's significance, insurers can foster a committed customer base, thereby boosting long-term demand. Technological advancements and diverse policy offerings will drive demand and reduce costs, supporting profit. Larger insurers leverage their size to provide varied products, from hybrid plans to specialized coverage, appealing to consumer preferences. Medical and technological progress, such as AI-driven data analytics, promotes lower health payouts, better risk assessment and pricing precision. Also, advancements in preventive care and wellness programs can mitigate the need for expensive long-term care, reducing claim frequency and cost-balancing the increased duration of claims. These innovations, in concert, enable insurers to maintain competitive pricing, extend market reach and enhance profitability by attracting a broader customer base while managing changes in healthcare costs. Looking forward, industry revenue will climb at a CAGR of 3.1% through 2030 to total $29.8 billion, with profit to climb marginally during the outlook period.
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TwitterWest 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.