The Most Expensive US States to Live in
By Scott Cohn, CNBC Senior Correspondent | CNBC – 17 hours ago
@cnbc on Twitter
Businesses don't
just look at their own costs when deciding where to set up shop. They
also look at the costs for their employees and executives. After all,
wages go further when the cost of living is low. That's why Cost of Living is one of the categories we measure as we rank America's Top States for Business.
The higher the cost of living, the lower the score. Here are our
rankings of America's most expensive states to live in, plus a sampling
of the prices you'll pay for some basics in the most expensive area of
the state. (Average price data based on Council for Community and Economic Research C2ER Cost of Living Index, Q1 2013.)
1. HAWAII
Avg. Home Price (Honolulu Metro): $742,166
Half Gallon of Milk: $3.41
Pound of Ground Beef: $3.99
Monthly Energy Bill: $333.51
Doctor Visit: $101.80
2013 Cost of Living Rank: #50 (Most Expensive)
2013 Cost of Living Score: 1 (out of 50)
2012 Cost of Living Rank: #50
Avg. Home Price (Honolulu Metro): $742,166Half Gallon of Milk: $3.41
Pound of Ground Beef: $3.99
Monthly Energy Bill: $333.51
Doctor Visit: $101.80
2013 Cost of Living Rank: #50 (Most Expensive)
2013 Cost of Living Score: 1 (out of 50)
2012 Cost of Living Rank: #50
2. ALASKA
Avg. Home Price (Anchorage Metro): $467,553
Half Gallon of Milk: $2.41
Pound of Ground Beef: $4.08
Monthly Energy Bill: $169.84
Doctor Visit: $159.20
2013 Cost of Living Rank: #49 (2nd Most Expensive)
2013 Cost of Living Score: 2 (out of 50)
2012 Cost of Living Rank: #49
Avg. Home Price (Anchorage Metro): $467,553Half Gallon of Milk: $2.41
Pound of Ground Beef: $4.08
Monthly Energy Bill: $169.84
Doctor Visit: $159.20
2013 Cost of Living Rank: #49 (2nd Most Expensive)
2013 Cost of Living Score: 2 (out of 50)
2012 Cost of Living Rank: #49
3. CONNECTICUT
Avg. Home Price (Stamford Metro): $585,000
Half Gallon of Milk: $2.77
Pound of Ground Beef: $4.07
Monthly Energy Bill: $236.01
Doctor Visit: $114.55
2013 Cost of Living Rank: #48 (3rd Most Expensive)
2013 Cost of Living Score: 3 (out of 50)
2012 Cost of Living Rank: #48
Avg. Home Price (Stamford Metro): $585,000Half Gallon of Milk: $2.77
Pound of Ground Beef: $4.07
Monthly Energy Bill: $236.01
Doctor Visit: $114.55
2013 Cost of Living Rank: #48 (3rd Most Expensive)
2013 Cost of Living Score: 3 (out of 50)
2012 Cost of Living Rank: #48
4. NEW YORK
Avg. Home Price (Manhattan): $1,351,400
Half Gallon of Milk: $2.42
Pound of Ground Beef: $4.71
Monthly Energy Bill: $237.01
Doctor Visit: $96.00
2013 Cost of Living Rank: #47 (4th Most Expensive)
2013 Cost of Living Score: 4 (out of 50)
2012 Cost of Living Rank: #47
Avg. Home Price (Manhattan): $1,351,400Half Gallon of Milk: $2.42
Pound of Ground Beef: $4.71
Monthly Energy Bill: $237.01
Doctor Visit: $96.00
2013 Cost of Living Rank: #47 (4th Most Expensive)
2013 Cost of Living Score: 4 (out of 50)
2012 Cost of Living Rank: #47
5. NEW JERSEY
Avg. Home Price (Bergen-Passaic Metro): $557,145
Half Gallon of Milk: $3.79
Pound of Ground Beef: $3.43
Monthly Energy Bill: $252.39
Doctor Visit: $103.20
2013 Cost of Living Rank: #46 (5th Most Expensive)
2013 Cost of Living Score: 5 (out of 50)
2012 Cost of Living Rank: #45
Avg. Home Price (Bergen-Passaic Metro): $557,145Half Gallon of Milk: $3.79
Pound of Ground Beef: $3.43
Monthly Energy Bill: $252.39
Doctor Visit: $103.20
2013 Cost of Living Rank: #46 (5th Most Expensive)
2013 Cost of Living Score: 5 (out of 50)
2012 Cost of Living Rank: #45
Want to see the rest of America's Most Expensive States to Live? Check it out here.
Related links:
America's Least Expensive Places to Live
The Most Beautiful Convertibles
Top-ten States with the Best Quality of Life
http://www.cnbc.com/id/100876442/page/11
also, California is number 6 on this list.
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