States With No Income Tax 2022

When it comes to affordability and living costs, taxes are one of the most important factors. And now, when we are facing one of the biggest economic crises in history, this factor is becoming more important than ever.  If your living costs are becoming unbearable and you are looking for a more affordable place to live, Best Long Distance Movers prepared a list of states with no income tax. Take a look and see whether you can imagine yourself living in one of these states.

States with the highest income tax in the country

Every state has its own policy regarding taxes. Therefore, we can see large disparities regarding taxes. Some states, for example, have income taxes higher than 10%, like California, Hawaii, and New Jersey. On the other hand, there are states with no income taxes at all. Here are the states with the highest income taxes in the country:

• Wisconsin 7.65%
• Arizona 00%
• Iowa 8.53%
• Vermont 8.75%
• New York 8.82%
• Minnesota 9.85%
• Oregon 90%
• New Jersey 10.75%
• Hawaii 11.00%
• California 13.30%

9 states with no income tax in 2022

If you are living in one of these states, surely you are feeling overburdened. On the other hand, there are 9 states in America that do not impose this tax burden on their citizens. Here is the list:

• Alaska 0.00%
• Florida 0.00%
• Nevada 00%
• New Hampshire 00%
• South Dakota 0.00%
• Tennessee 0.00%
• Texas 0.00%
• Washington 0.00%
• Wyoming 0.00%

Alaska

Even though Alaska has never been a popular moving destination, according to some of the best long distance moving companies in Alaska, this is starting to change. And the lack of state income tax is one of the reasons for this. Nevertheless, the state of Alaska is not so highly rated when it comes to affordability. Actually, Alaska is one of the most expensive states in the country when it comes to the cost of living. Only Massachusetts, Oregon, New York, California, and Hawaii have a higher cost of living than Alaska. So you better do your calculations right before you decide to move here because of the living costs.

For example, a basic meal in an inexpensive restaurant will cost you $17.50 in Alaska. A bottle of Coca-Cola (0.33l) will cost you $2.33. 1 Loaf of bread is $3.80. And an internet connection of 50/Mbps or faster is somewhere around $131.38. Clothing is also very expensive in Alaska. Especially when you consider weather conditions and the fact that because of them you will have to buy warm and quality clothing. When it comes to housing, the median home value in Alaska is $270,400 with an average rent of $1,244. The average property tax in Alaska is $3,231. As you can see, even though Alaska doesn’t have an income tax installed, living here is not actually affordable.

Florida

The next on our list of states with no income tax in 2022 is Florida. The complete opposite compared to Alaska. Especially when it comes to weather conditions, nature, and lifestyle. The state of Florida also doesn’t impose an income tax on its residents. And because this state is situated somewhere in the middle when it comes to living costs, Florida is a much better destination if you are moving because of affordability.  For example, for a basic meal with a drink at an inexpensive restaurant, in Florida, you will pay around $14.35. A bottle of Coca-Cola (0.33l)will cost you $1.90. A loaf of bread is $2.84 on average. And for an internet connection 50/Mbps or faster, you will have to pay half of what people in Alaska are paying – $67.23.

Clothing is also, pretty affordable in Florida. Especially when you consider the weather conditions and the fact that you often do not need anything more than a t-shirt and a pair of trousers to go outside. The median home value in Florida is way below the national average as well with a median home value of $215,300 and rents that are around $1,175. Still, regardless of the state’s affordability, Florida remains one of the most popular moving destinations in the country. And as some of the best long distance moving companies in Florida report, the number of people moving to the Sunshine State is increasing every year.

Nevada

Nevada is another state with no income tax that doesn’t really count as an affordable place to live in. Actually, it is the 15^th most expensive state to live in the country.  And according to some of the best long distance movers in Nevada, there are many people leaving this state in the search of a lower cost of living. When we take a look at grocery and other expenses we see that living in Nevada is becoming increasingly difficult. At least from a financial standpoint.

For example, a basic meal with a drink at an inexpensive Nevada restaurant will cost you around $14.40. Not too much, however, when we take a look at other prices like a loaf of bread, which is $3.15, a bottle of Coca-Cola, which is  $1.98, or a pack of cigarettes (Marlboro or similar), which is around $8.48, we see that living in Nevada is not so easy. When it comes to housing, Nevada is not so expensive. The median home value here is $267,900 with an average rent of $1,107. As you can see there are certain benefits of moving to Nevada. However, when we take a look at it in general, despite the fact that its residents don’t have to pay an income tax, life in Nevada is costly.

New Hampshire

On the list of the most expensive US states, immediately below Nevada, we find another state with no income tax – New Hampshire. New Hampshire is the 14^th most expensive US state according to the cost of living index. And according to some of the best long distance movers in New Hampshire, this state is experiencing a sort of an exodus thanks to the fact that the cost of living is so high. For example, a basic meal with a drink at an inexpensive restaurant in New Hampshire is somewhere around $15.33. A bottle of Coca-Cola is $1.76 and you will have to pay $2.71 for one loaf of bread.

When it comes to utilities, for an internet connection of 50/Mbps or faster, you will have to pay $80.15 on average.  A pack of cigarettes is around $8.03 and you will have to pay $42.74 for regular jeans (Levi’s brand).  When it comes to housing, the state of New Hampshire is rated pretty high. It is the 16^th most expensive state when it comes to property prices. The median home value in New Hampshire is $261,700 with an average rent of $1,111. Pretty high, considering other living costs.

South Dakota

The next place on our list of the states with no income tax in 2022 is reserved for South Dakota. And this state is situated somewhere in the middle of the list of states with the highest cost of living. So if the income tax is one of the things that is really bothering you, moving to South Dakota could be a good solution. And cording to some of the best long distance moving companies in South Dakota, many people are moving to this state because of this fact. When it comes to general affordability, for a basic meal with a drink at an inexpensive restaurant in South Dakota, you will pay only around $13.63.

A bottle of Coca-Cola (0.33 liter) is somewhere around $1.59 and you will have to pay $2.40 for a loaf of bread. When it comes to utilities, for an internet connection 50/Mbps or faster you will pay around $69.93. If you are a smoker, South Dakota may not be the best destination for you as a pack of cigarettes, Marlboro or similar, is around  $7.56. As far as real estate prices are concerned, the median home value is among the lowest in the country – $167,100 with rents averaging around $747. As you can see there are many benefits of moving to South Dakota because of affordability. However, it all depends on your preferences and needs.

Tennessee

There are 9 states with no income tax, however, not all of them are affordable to live in. One of the states with no income tax that is affordable is Tennessee.  In fact, Tennessee is the 6^th most affordable state in the country. And according to some of the best long distance movers in Tennessee, this state is becoming a popular move-to destination despite the fact that it has many infrastructure and other problems. Still, when it comes to affordability, there are only 5 states that can compete with Tennessee – New Mexico, Missouri, Oklahoma, Arkansas, and Mississippi. This means that this is the most affordable state that has no income tax.

For example, in Tennessee, you will pay $13.86 for a basic meal with a drink at an inexpensive restaurant. A bottle of Coca-Cola is $1.70, a pack of cigarettes is $6.10, and a loaf of bread is $2.25. When it comes to utilities, an internet connection of 50/Mbps or faster is not that affordable on the other hand and it is around $70.25. As far as real estate prices are concerned, the median home value in Tennessee is $167,200 with rents that average around $869.

Texas

Another state that has no income tax and is currently one of the most popular moving destinations is the state of Texas. This state, besides the fact that it has no income tax, is also among the 20 most affordable states in the country. And according to some of the best long distance movers in Texas, there are many people moving to this state in the last couple of years. Especially from California.

For example, the basic meal in an inexpensive restaurant is among the cheapest in the country – $12.27. For a loaf of bread, in Texas, you will have to pay around $2.28. And a bottle of Coca-Cola is $1.81. Of course, depending on the city. A pack of cigarettes in Texas is around $6.85. And an internet connection of /Mbps or faster is $65.33. When it comes to home prices, Texas is also rated pretty high on the list of states with the lowest property prices. The median home value in Texas is $172,500 with rents that are around $1,045. A big difference compared to California, which is why there are so many people migrating from California to Texas.

Washington

Washington is another state with no income tax that is not really affordable to live in. According to some of the best long distance moving companies in Washington, there are many people moving out of the state, migrating to more affordable states like Texas and Arizona. For example, a basic meal with a drink in an average restaurant is $15.02. A loaf of bread costs $2.78 and a bottle of Coca-Cola is $1.88.

When it comes to utilities an internet connection of 50/Mbps or faster is $64.36 on average. And if you are a smoker, the average cost of a pack of cigarettes of $9.51 will certainly make you think about moving. When it comes to home prices, again, the state of Washington is not among the most affordable. Actually, this state has some of the highest home prices in the country. The median home value in Washington is $339,000 with an average rent of $1,258 –significantly above the national average.

Wyoming

The last place on our list is reserved for Wyoming. This is another state with no income tax and the 10^th cheapest state to live in the country. This fact, according to some of the best long distance movers in Wyoming is one of the main reasons why so many people chose to move here in the last couple of years. For example, a basic meal with a drink in an average restaurant in Wyoming is only around $8.62.

A bottle of Coca-Cola is $1.92 and a loaf of bread is $2.21. For an internet connection of 50/Mbps or faster you will need to pay only $57.14. Still, when it comes to home prices, Wyoming is still better than half of the states in the country. The median home value in Wyoming is $220,500 with rents that are around $855.

The lack of income tax doesn’t mean that you are living in an affordable state

Those are the states with no income tax in 2022. As you can see, even though the lack of income tax is good for your budget, that doesn’t mean that you are living in an affordable place. Still, some states on our list are really affordable. And you can have many financial benefits if you move to the state of Tennessee, Wyoming, or Texas, for example.