10 Most Expensive States To Live In America: There is no doubt a country like the Unites States of America holds together different States, each one with diverse educational levels, career opportunities and, of course, costs of living. Have you ever felt curious whether the state you live in is one of the most expensive ones to live in America? It might sound obvious, but it is important, when choosing a place to live, to take into account the kind of life you’ll be developing there. For Expats choosing their place in the world is a big financial move, and should always take into account the cost index, that’s why we made a list of the top 10 most expensive cities in the world.
And for those who would rather stay in their homeland, we have compiled a list of the 10 most expensive States to live in the US. The States where ranked according to the average price data based on Council for Community and Economic Research C2ER Cost of Living Index, 2013. This index measures relative price levels for consumer goods and services in participating areas, taking into account relative costs, based on government survey data on expenditure patterns. The average price reported for each item compares three previous pricing periods, and gives perspective when evaluating each State’s evolution.
Okay so let’s check out this countdown that might just change your living plans for the future!
No. 10 Most Expensive State to Live in America: Maryland
Maryland, considered one of the smallest states in terms of area, and most densely populated, is starting to witness some movements. Over the course of 2014, Maryland has finally decided to make its estate tax less onerous, being the last state to do so. Still, a pound of ground beef is $3.39, and month of heating or cooling is more than $200.
No. 9, Rhode Island
The “Ocean State”, once known for its organized crime activity, between 1950 and 1990, is now a pretty nice place to live in, despite its cost of living is high. Housing for a single person in this state might cost $762.00 per month.
No. 8 New Hampshire
New Hampshire’s famous motto, Live Free or Die, is said to be still expressed in the state’s culture. Nevertheless, the state has a goods and services index of 129, 29 points above the National average of 100. As free as you might try to be living in New Hampshire, your budget might have to increase.
No. 7 New Jersey
The state that gave birth to impressive inventions such as FM radio, the light bulb, the ice cream cone and the zipper is a very exciting place to live. Yet, New Jersey has the highest tax rate of all states: residents pay approximately $68 billion in state and local taxes annually.
No. 6 Massachusetts
Hometown of Nathaniel Hawthorne, Emily Dickinson, and Theodor Seuss Geisel, -Dr. Seuss-, the Bay State is an important cultural place. So if you are interested in these characters and would like to live nearby, you should check out Boston’s cost of living first: Boston has a cost of living 21.2% above the National Average.
No. 5 Alaska
Alaska is a boreal paradise. Of course, moving by car is almost the only mean of transport given the harsh climatically conditions. So it might be important to take into account that the Price per gallon is $3.84, before moving to this Artic spot.
No. 4 California
California, State of fame, success, movies and glamour, is of course an expensive place to live in. Average price of houses is $820,479.
No. 3 Connecticut
Connecticut, known as the “Constitution State”, has one of the most expensive educational rates. University of Connecticut tuition is $9,256 per year for in-state residents. This is 48% more expensive than the national average public four year tuition of $6,256.
No. 2 Hawaii
This paradise is of course not cheap to visit nor to live in. A whole milk, of 1 gallon, is about $4.99 and a dozen eggs costs an average price of $1.74. Beer is also expensive; a 12 pack of cans Budweiser might cost $13.09.
No. 1 Most Expensive State to Live In America: New York
Of course New York is still the most expensive state in the US. The dreams of this concrete jungle have always attracted people from all around the globe. But yes, New Yorkers are always complaining about the expensive cost of life, and indeed, of rent. A one bedroom apartment in downtown Manhattan costs an average price of $3000 per month.