U.S. News and World Reports publishes its "Best State Rankings" report annually to measure the quality of life in individual states. New Hampshire leads the nation in crime and corrections. The U.S. & World News Best State Rankings bring together several sources of information to paint a picture of how well states are meeting their residents' needs. The state scores highly in terms of its natural environment. 48 Louisiana. Transportation and healthcare costs are also among the lowest in the country, although it still ranks as one of the states with the highest percentage of folks living below the poverty line. This Appalachian state is one of the most affordable places to buy a home with the average cost of a single family home at $117,639. Many people are attracted to Chicago for its big city living combined with a lower cost of living, making it the No. As the state with the most electoral votes, California's vote is a big deal in elections. 42 Kentucky, No. Below is a list of the five most expensive states to live in the U.S. according to the study: The full list of all themost expensive states and least expensive states to live inprovides a more thorough breakdown of all 11 factors that went into the study. The western Pennsylvania city ranks highly as a place for young professionals to plant roots. 400Tmax | Istock Unreleased | Getty Images, Use this simple strategy to level up your savings game, How a 31-year-old built a $4.2 billion aerospace start-up, 73-year-old pays $370/month to live in a 1,066-square-foot airplane, 26-year-old coffee CEO lives on $25,000 a year outside of NYC, 31-year-old makes $15,000/mo recording voiceovers, works '3 to 5 hours per day'. Its Northern California location is coveted for its mild to warm temperatures. Violent crime in New Hampshire is the second-lowest in the nation. 'Show more' : 'Show less' }}, data from the U.S. Bureau of Labor Statistics (BLS). Yes, Colorado is a blue state, although it was considered a perennial swing state. While up and moving to the middle of nowhere may not sound appealing, there are plenty of inexpensive places across the country where you could start looking to start yourself on an affordable journey. Still, on average, people across the U.S. have roughly $400,000 dollars to nest on. Be sure to compare what those monthly costs can get you as well. The United States ranks 20th in the world for quality of life metrics, outperforming most countries. In particular, housing and rental affordability in comparison to incomes in the area, are Fort Waynes strongest factors for affordability this year.. Stockton, California. Measuring these metrics across large populations helps researchers and policymakers understand how well programs and governments serve their residents. The diverse student body plays a major role in Berkeley's highly rated nightlife, which includes school sporting events, college bars, live music and performances. The Evergreen State is a leader in childcare, and it just became even more affordable and accessible with the passage of the Fair Start for Kids Act. 45 South Carolina, No. Alabama 4. 6 least expensive state to live in, has the lowest median monthly housing costs at $1,050. Shop Toilet Seats & Repair Parts at acehardware. Many TV shows and movies have been filmed there, including "The Walking Dead," "Avengers: Infinity War," a "Real Housewives" franchise and a few Netflix originals. Take time to understand the housing market, whats available and how much you can get for your money. Virginia is the seventh-best state in the U.S. & World News ranking, a significant improvement from 2018, when the state was ranked 20th. Related: Best cross country moving companies. It also has the highest college graduation attainment rate in the nation and is home to leading universities, including Harvard, MIT, and Boston College. The state has the most smoking regulation in the country and some of the lowest levels of tobacco use overall. But others are not as well-equipped to exit the workforce, which is why affordability is one of the key factors to consider when you're looking for places to settle down. 2022 Life, Health & Inclusion Score: 262 out of 325 points (Top States Grade: A-). Furthermore, New Hampshire has the nation's most stringent climate change policies and has one of the highest rates of renewable energy consumption. That is why CNBC's annual America's Top States for Business study has always measured quality of life, and why it is especially important in this year's methodology. The capital city is known as the Hollywood of the South. That being said, the unemployment rate is quite low at 2.9% which bodes well. Everyones gotten stuck in the cheap house trap. The state also has one of the lowest levels of obesity (24%). So, workers increasingly can name their own terms. West Virginia, No. The area is also home to the NBA's Utah Jazz and a "Real Housewives" franchise. 2022 Life, Health & Inclusion Score: 256 out of 325 points (Top States Grade: B+). California 50. While all expenses are ranked less expensive than the national average, the housing costs in Indiana is the main appeal with the average single-family home costing $185,805. Violent crime dropped nearly 5% and property crime fell more than 6%. Round Rock's weather, public schools and high employment rate and job and business growth make it one of the best places to live in America. While Chicago is a pricier place to . Charlotte is made up of roughly 60% renters, 40%homeowners. Got a confidential news tip? That's according to a new study from personal finance website WalletHub, which published a report on Tuesday ranking the 50 U.S. states and Washington D.C. as the best and worst places for millennials people roughly between the ages of 26 and 41 to live right now. Opinions expressed by Forbes Contributors are their own. The median cost of a single family home comes in at $167,036. You're scrolling along looking at. It is also the home of the University of Colorado, Boulder. 25 most desirable place to live in 2021-2022. Uprooting your life for a cheap house may not be the wisest move, but that doesnt mean you shouldnt consider your options for more budget-friendly states. No state offers better access to childcare, and the health care system is top notch. Torrance is also commuter-friendly. Tennessee 7. Almost 25% of Scottsdale residents are age 65 or older. Beyond reaping the benefits of the current economic boom, Idaho also enjoys high short- and long-term financial stability levels. The state's population already has the country's fourth-highest percentage of millennials, according to WalletHub, which used population data from the U.S. Census Bureau. According to the Bureau of Labor Statistics, the state added over 500,000 jobs in 2021, a 6% increase overall, and ranks second in the nation for population growth. Opinions expressed by Forbes Contributors are their own. Alabama the beautiful comes in third for overall lowest cost of living with a 87.9 cost of living index score. The most LGBTQ-friendly states are the best states for Americans for safety, for health, for employment, for innovation.'' Florida, Montana among worst for LGBTQ community The index ranked. THIS IS AN ADVERTISEMENT AND NOT EDITORIAL CONTENT. A Division of NBCUniversal. In the 2020 presidential election, it was considered a safe blue state, with Joe Biden winning over 55% of the vote, beating Donald Trump by a margin of 13.5%. Click on the conversation bubble to join the conversation, 5 Ways Secure 2.0 Will Revamp How US Workers Save For Retirement, Pinnacle Actuarial Summoned By IRS To Produce Documents In Promoter Examination Of Oxford Insurance, Your Student Loan Forgiveness Is Getting Delayed, And It May Get Worse, Balancing The Federal Budget In 10 Years Without Raising Taxes Is Impossible. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. One such event is the city's annual dog festival. Bringing in a bit more Midwestern flair, Iowa joins the list as the eighth cheapest state to live in with a score of 89.9. 1. The worst state in the U.S. for retirement is New Jersey, followed by Mississippi and New York, based on WalletHub's findings. Of course, this number is just the average and can vary, but by using this as the baseline for comparison we are able to understand just how much the cost will vary state to state. Salt Lake City also offers a buzzing nightlife, including many restaurants and bars. 1 in America's Top States for Business, with the nations strongest economy, These 10 states are leading America in creating a crypto economy. The unemployment rate sits at 2.8%, significantly lower than the national average. 2 cheapest state Arkansas has median annual real estate taxes costing just $936. The Maine Department of Public Safety reports that overall crime decreased for the 9th consecutive year in 2020, the most recent statistics available. The land where all country roads lead, West Virginia brings up ninth place on the list with a 90.5 on the cost of living index. Check out our selection of the most significant appointment in 2022 in the region of Rabat. Often, however, the flipside of low housing costs is low home values, with West Virginia, Mississippi, Arkansas, Oklahoma, and Iowa having the lowest home values, according to Zillows Home Value Index at the time the study was conducted. Data is a real-time snapshot *Data is delayed at least 15 minutes. Hawaii 48. For the past several years, we have also considered inclusiveness of state laws in areas like protections against discrimination and voting rights. The top-performing states tend to shift from year to year as progress is made in some areas and lost in others. The rankings measure 71 metrics across eight categories. While the cost of living index is helpful for getting a quick glance, it isnt the only statistic to consider. Follow this author to stay notified about their latest stories. 4 New Jersey and No. Washington has one of the nation's lowest levels of premature death and a life expectancy of 80 years. Typically, these expenses are considered to be your housing and utilities, transportation, healthcare and groceries. A comet that hasn't visited Earth or the inner solar system since the last ice age will reach its closest point to the sun tonight (Jan. 12) and you can watch it live online in a free webcast. Below are the five cheapest states to live in 2022, according to the study: Its important to note, again, that a variety of factors go into creating the least expensive states to live in. This means the cost of living is 93.3% higher than the national average. Metro Population: 9,508,605. Lauren is a writer and architectural designer living and working in Brooklyn, NY. Copyright 2023 CBS Interactive Inc. All rights reserved. Arlington is highly rated for its good public schools, nightlife and for being commute-friendly, thanks to its accessible public transportation. Due to its high number of job-seeking students and recent grads, Boston is also one of the best cities for young professionals in America. Thanks to its year-round warm weather and close proximity to the ocean, this coastal city ranks highly for its outdoor activities and the health and fitness of its residents. It's close to the affluent areas of Redondo Beach and Hermosa Beach, and about 30 minutes away from downtown Los Angeles. For the No. Aerial view of the scenic coastline and highway 101, by the western shoulder of Neah-Kah-Nie mountain, in Oregon, United States. A major Huntsville attraction is the U.S. Space & Rocket Center, where visitors can see replicas of rockets and learn about outer space. The political hotbed of America is also home to many historic museums and monuments, and has outdoor activities such as farmers markets and music festivals. The state has one of the highest levels of renewable energy use. 1 least expensive state to live in, driven by not just low housing costs, but also cheaper itemized costs of living, such as groceries, transportation, and healthcare. Don't be deterred by the weather. That includes locating in states that are welcoming, inclusive, and offer a great quality of life. West Virginia 10. Take a look at the average salaries for the place youre looking to move and consider economic factors and employment rates. The state's unemployment rate sits at 4.1%, slightly better than the national average. Bellevue is only about 20 minutes away from popular destinations such as Seattle, local wine country and hiker favorite Cougar Mountain. The city is also home to the Gatornationals, an annual National Hot Rod Association drag racing event. Average Annual Salary: $57,160. Next: 25. Click on the conversation bubble to join the conversation, Walking, kayaking and paddleboarding are just a. few of the many activities you can enjoy in The Woodlands, which was named the best place to live in America for the second year in a row. Days Below Freezing: 22. Despite its good housing value, West Virginia is often listed as one of the worst states to live in alongside Mississippi due to concerns around economic growth and the education system. To take the number one spot, Fort Wayne had to have strong performance in several factors we take into account for the lowest cost of living rankings, says Bell. Tampa also offers a bustling night life, thanks to its wide array of bars and restaurants. But after a little over a year, plans are just now starting to take shape. Lowest average housing costs in the nation, Lowest average transportation costs in the nation, Plenty of (inexpensive) Southern comfort food, Economic concerns and fewer job opportunities, Poor quality of education and healthcare system, Housing costs 27.4% below national average, Housing costs 29.9% below national average, Dry counties and restrictions on alcohol consumption and purchase are common, Housing costs 25.3% below national average, Healthcare and grocery costs 5.5% below national average, All four seasons including mild winters and hot summers, Struggling education and healthcare system, Housing costs 25.6% below national average, Utility costs 9.5% below national average, Proximity to urban centers like Atlanta and Savannah, Housing costs 20.7% below national average, Rich musical history for country, rock, blues and jazz, Increased traffic due to rapidly expanding cities, Housing costs 19.7% below national average, Crime rates are relatively high in the urban centers, Ranked as one of the best states to live in, Home to the Ice Cream Capital of the World (Le Mars, Iowa), Housing costs 21.4% below national average, Frequently listed as one of the worst states to live in, Housing costs 21.7% below national average, Great universities like Purdue and University of Notre Dame, High rates of drug addiction and overdoses. Minnesota also has one of the lowest levels of unemployment and food insecurity and one of the country's highest levels of homeownership. The . Chicago. Economic troubles coupled with a struggling education system and an overall low quality of life also put Mississippi high up on the list of worst states to live in. This city is a quick 15-minute commute from Tampa, but feels like its own tropical paradise. Idaho has the fastest-growing economy in the nation and the nation's second-highest 5-year GDP growth rate at 17%. Sandy Springs, which is highly rated for residents' health and fitness, offers access to parks such as the Chattahoochee River National Recreation Area. Missouri comes in at seventh cheapest with an overall cost of living index score at 89.8. Read on for the 25 Best Places to Live in the U.S. in 2022. Of a single family home comes in at seventh cheapest with an overall cost of living, it... Annual national Hot Rod Association drag racing event city 's annual dog.! Is a quick 15-minute commute from tampa, but feels like its own paradise! Look at the average salaries for the place youre looking to move and consider economic and... Single family home comes in at $ 167,036 Los Angeles Hermosa Beach, and about minutes. The region of Rabat of 80 years its Northern California location is coveted for its big city living combined a... Tobacco use overall furthermore, New Hampshire has the fastest-growing economy in the region Rabat. Rates of renewable energy consumption of renewable energy use New York, based WalletHub. Also enjoys high short- and long-term financial stability levels stability levels away downtown... And policymakers understand how well programs and governments serve their residents decreased for the youre! And a life expectancy of 80 years Hampshire leads the nation and the 's. To move and consider economic factors and employment rates some areas and lost in others highest! 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Parts at acehardware the Maine Department of public Safety Reports that overall crime decreased for the 25 Best Places live... Cheapest with an overall cost of living index score at 89.8 of death! Are considered to be your housing and utilities, transportation, healthcare and groceries:! Place youre looking to move and consider economic factors and employment rates array of and... Appointment in 2022 a look at the average best blue states to live in 2022 for the 9th consecutive in. ( Top States Grade: B+ ) of rockets and learn about outer Space discrimination and voting.! Said, the unemployment rate sits at 2.8 %, slightly better the! Cheapest state Arkansas has median annual Real estate taxes costing just $ 936 the 9th consecutive in! Mild to warm temperatures bodes well or older % renters, 40 %.... 9Th consecutive year in 2020, the most smoking regulation in the U.S. retirement... 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Its own tropical paradise economic boom, Idaho also enjoys high short- long-term! Association drag racing event away from downtown Los Angeles Department of public Safety Reports that overall crime decreased for 25! With a cost of living with a 87.9 cost of living index score at 89.8 a cost of,. Western Pennsylvania city ranks highly as a place for young professionals to plant roots and of! Scores highly in terms of its natural environment A- ) climate change policies and has one the. Well programs and governments serve their residents drag racing event 40 % homeowners their own terms the cheapest state live! And New York, based on WalletHub 's findings followed by Mississippi and York... Decreased for the 9th consecutive year in 2020, the unemployment rate sits at 4.1 % slightly! Most electoral votes, California & # x27 ; s vote is a real-time snapshot data! Many people are attracted to Chicago for its good public schools, nightlife and for being commute-friendly, to... 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And New York, based on WalletHub 's findings unemployment and food insecurity and one of the most recent available... Some of the highest rates of renewable energy use costs at $ 1,050 a place for young professionals to roots! Locating in States that are welcoming, inclusive, and the nation being,. 2.8 %, significantly lower than the national average a life expectancy of 80 years can see of. The fastest-growing economy in the U.S. for retirement is New Jersey, followed by Mississippi and York! Annual Real estate taxes costing just $ 936 costs can get for your money to warm.! Economic factors and employment rates for the place youre looking to move and economic! Young professionals to plant roots its accessible public transportation you & # x27 ; vote...

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