The Most Expensive US States to Live in
by Scott Cohn, CNBC Senior Correspondent | CNBC – Mon, Jul 15, 2013 (excerpt)
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
read ... The Most Expensive States
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