Facts

Top 50 Best States to Live In Based on Affordability

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The United States is a very big country. Depending on where you are located, the price of living can vary wildly. In fact, the prices for services, food, and housing vary wildly across the US. To help better understand which are the best states to live in, we use the value of a dollar and real income metrics.

The value of a dollar means the equivalent amount of stuff you can buy with $1 in that state.

The real income metric is similar and takes into consideration the effects of purchasing power and inflation.

With that in mind, check out below the top 50 best states to live in based on affordability.

#50 – 40. Best States to Live In

50. Hawaii

Value of a dollar: $0.84

Real income: $61,857

49. New York

Value of a dollar: $0.87

Real income: $52,775

48. California

Value of a dollar: $0.88

Real income: $56,878

47. New Jersey

Value of a dollar: $0.88

Real income: $63,688

46. Maryland

Value of a dollar: $0.91

Real income: $69,203

45. Connecticut

Value of a dollar: $0.92

Real income: $65,636

44. Massachusetts

Value of a dollar: $0.94

Real income: $66,069

43. Alaska

Value of a dollar: $0.95

Real income: $69,465

42. New Hampshire

Value of a dollar: $0.95

Real income: $66,955

41. Washington

Value of a dollar: $0.95

Real income: $61,192

40. Colorado

Value of a dollar: $0.97

Real income: $61,927

#39 – 30. Best States to Live In

39. Vermont

Value of a dollar: $0.98

Real income: $56,093

38. Virginia

Value of a dollar: $0.98

Real income: $64,646

37. Delaware

Value of a dollar: $1.00

Real income: $61,011

36. Illinois

Value of a dollar: $1.00

Real income: $59,767

35. Florida

Value of a dollar: $1.01

Real income: $49,674

34. Oregon

Value of a dollar: $1.01

Real income: $54,585

33. Rhode Island

Value of a dollar: $1.01

Real income: $58,838

32. Maine

Value of a dollar: $1.02

Real income: $52,545

31. Nevada

Value of a dollar: $1.02

Real income: $53,501

30. Pennsylvania

Value of a dollar: $1.02

Real income: $56,897

#29 – 20. Best States to Live In

29. Minnesota

Value of a dollar: $1.03

Real income: $65,183

28. Texas

Value of a dollar: $1.03

Real income: $57,493

27. Utah

Value of a dollar: $1.03

Real income: $64,858

26. Arizona

Value of a dollar: $1.04

Real income: $53,526

25. Wyoming

Value of a dollar: $1.04

Real income: $62,593

24. Montana

Value of a dollar: $1.05

Real income: $52,225

23. New Mexico

Value of a dollar: $1.06

Real income: $48,074

22. Idaho

Value of a dollar: $1.07

Real income: $51,686

21. Michigan

Value of a dollar: $1.07

Real income: $54,635

20. Wisconsin

Value of a dollar: $1.07

Real income: $59,762

#19 – 10. Best States to Live In

19. Georgia

Value of a dollar: $1.08

Real income: $55,339

18. North Dakota

Value of a dollar: $1.08

Real income: $65,609

17. Indiana

Value of a dollar: $1.10

Real income: $55,713

16. Louisiana

Value of a dollar: $1.10

Real income: $50,471

15. Nebraska

Value of a dollar: $1.10

Real income: $60,702

14. North Carolina

Value of a dollar: $1.10

Real income: $52,445

13. Iowa

Value of a dollar: $1.11

Real income: $60,616

12. Kansas

Value of a dollar: $1.11

Real income: $59,631

11. Oklahoma

Value of a dollar: $1.11

Real income: $54,024

10. South Carolina

Value of a dollar: $1.11

Real income: $52,312

#9 – 1. Best States to Live In

9. Tennessee

Value of a dollar: $1.11

Real income: $52,586

8. Missouri

Value of a dollar: $1.12

Real income: $56,258

7. Ohio

Value of a dollar: $1.12

Real income: $57,259

6. West Virginia

Value of a dollar: $1.12

Real income: $47,265

5. Kentucky

Value of a dollar: $1.13

Real income: $51,033

4. South Dakota

Value of a dollar: $1.13

Real income: $60,110

3. Arkansas

Value of a dollar: $1.14

Real income: $48,049

2. Alabama

Value of a dollar: $1.15

Real income: $51,573

1. Mississippi

Value of a dollar: $1.16

Real income: $47,092

Ideas for the top 50 best states to live in were taken from the following sources.[1]USA Today – Cost of living: The purchasing power of a dollar in every state[2]Time – This Map Shows the Average Income in Every State—and What It’s Really Worth[3]Investopedia – Real Income

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