The Go Banking Rates portal found in its study that there are large differences in the cost of living depending on location in the United States, a country that has long been the most popular country for emigration from Latin America or Asia.
According to the study conducted, the cost of living in rural states in the south of the country tends to be significantly cheaper than in urbanized centers.
To verify this, the analysts of this portal relied on the Consumer Expenditure Survey, according to the latest available data. A budget was then created for the annual costs of the basic needs of a single adult.
Hawaii tops the list of the most expensive places to live in the country, requiring at least $112,431 (more than 458 million pesos) annually. On the contrary, the state of Wyoming is considered the most economical state with a necessary income of $49,666.
The 10 most expensive states to live in the USA
- Hawaii: $112,411
- Massachusetts: $87,909
- California: $80,013
- New York: $73,226
- Alaska: $71,570
- Maryland: $67,915
- Vermont: $65,923
- Oregon: $65,763
- Washington: $65,640
- New Jersey: $64,463
The 10 most economically efficient states in the USA:
- South Carolina: $52,222
- Dakota del Sur: $52,095
- Tennessee: $48,774
- Texas: $50,497
- Utah: $55,293
- Vermont: $65,923
- Virginia: $57,293
- Washington: $65,640
- West Virginia: $47,732
- Wisconsin: $53,122
- Wyoming: $49,666
