Which are the most expensive states in the US
Are you feeling like you are struggling financially? Maybe you are living in an expensive state. Unfortunately, no matter where you are residing, since the pandemic, the whole country has seen an increase in living costs. However, some states do stand out when it comes to living expenses. Therefore, if you are living in one of these states, moving might be a solution to your financial troubles. In the following article, Best Long Distance Movers will reveal the 10 most expensive states in the US. And if you happen to decide on relocation, we will help you find good movers as well.
The list of the 10 most expensive states in the US
The cost of living has hit historical heights since the pandemic has begun. Food costs, utility costs, gas, real estate prices, taxes, everything has gone through the roof. Add in also additional labor shortages and supply chain disruptions to the mix it’s no wonder why people all around the country are having troubles. However, there are still major differences between particular states and if you are currently living in one of the most expensive states in the country, you have an option of relocating to a cheaper place. Of course, it is not that easy to decide to move from a place you lived your whole life. Still, maybe after reading this article, you will change your mind. Here are the 10 most expensive states in the US in 2021:
- New York
- New Jersey
- Rhode Island
In 2021, the most expensive US state was Hawaii. Unfortunately, it has been so for a while now. And maybe there is some logic to it. It is such an attractive place to live and there aren’t many places like Hawaii in the world. Also, the added cost of shipping goods to the islands also plays a major role in the overall cost of living. Therefore, if you live here, you have to pay more for groceries, utilities, and taxes than the rest of the country. When it comes to property prices, Hawaii is also on the top of the list. The median home value in Hawaii is $593,000 with rents that are averaging $2,413. A big difference compared to the rest of the country.
However, maybe that is something that you can take advantage of. That is if you own a property in Hawaii. Selling a home in Hawaii will buy you a fantastic home anywhere you choose. And in most cases, you will probably be able to double your square footage. Of course, you have to bear in mind that Hawaii also has one of the highest median incomes in the country – $81,275, which makes dealing with high living costs much more bearable. Nevertheless, if you decide to move from the island make sure that you find the best long distance movers in Hawaii, because it is not an easy task to complete without professional help.
“If you can make it here you can make it anywhere” is the old saying that properly describes the second place on the list of the most expensive states in the US. You would imagine that the state of New York is highly ranked on the list of this sort solely because of The Big Apple. And that might be true to some degree. Especially when you need to count in the astronomical prices in places like Manhattan where, currently, the median home value is $2,227,806. Still, with or without Manhattan the state of New York is ranked pretty high on our list.
The median home value in the state of New York is $313,700, so it is also a thing that you can take advantage of if you own a property in New York. Moreover, since New York is not that highly ranked when it comes to median income, if you decide to move, you won’t miss your paycheck too much. The median income in the state of New York for example is $68,486. And if you contact us, we can help you find some affordable NY long distance movers as well.
The third place on the list of the most expensive states in the US is reserved for California. Also one of the most attractive places to live in the country. With its perfect weather, sandy beaches, picturesque nature, and desirable cities, it is not strange why we see California so high on this list. It is a state that offers a lot of educational, business, and cultural opportunities and is one of the places that are also worth visiting as a tourist. Unfortunately, most such places have high living expenses. And California is no exception. Naturally, a number of big costly cities like LA, San Francisco, and San Diego also have an effect on the median cost of living.
Nevertheless, like in New York, smaller places are not much cheaper. So when we take a look at the median home value in California we see that with $505,000 it is the second most expensive place after Hawaii. Also, a good thing if you are planning to move elsewhere. Still bear in mind that with the median household income of $75,235, California is one best in the country. So make sure that you find a well-paid job if you want to feel the financial benefits of moving from California. Of course, we will be here to help you find some good long distance moving companies in California that will provide you with a proper service at an affordable price.
The state of Oregon is also highly ranked on our list of the most expensive US states. It is one of the fastest-growing states in the country and it has been so since the beginning of the 21 century. Of course, where there is a swift development, a higher cost of living will eventually follow. And that is exactly what is happening in the state of Oregon. Naturally, the fact that half of the state’s population lives in Portland also plays a major role in why this state is so highly ranked on our list.
Big urban areas are always more expensive than rural parts of the state. For example, the median home value in Portland is $412,000, which is much higher than the national average. And, when you count in the median household income of $62,818, it is understandable why the state of Oregon is among the most expensive states in the country. Luckily, on our webpage, you can find some of the best long distance movers Oregon has to offer. They provide professional service at fair prices.
Further down the list of the most expensive states in the US, we find Massachusetts. If you are living in the state of Massachusetts, surely you are feeling the quality of living diminishing, mostly because of ever-rising living costs. It is enough just to take a look at monthly energy bills for example. In the state of Massachusetts, the monthly energy bill is $236.62. Also, when you compare the median home value of $535,000 with the rest of the country, it is easy to see why this state is one of the most expensive to live.
Fortunately, thanks to the highly educated population, Massachusetts also has some of the highest median household income in the country – $81,215, which is pretty high compared to the rest of the country. Therefore, if you decide to move to some other state, make sure that you find good employment if you want to feel the advantages of this decision. And we will be here to help you find some of the best long distance moving companies Massachusetts has to offer – movers that will help you get wherever you like in the country.
The sixth place on our list of the most expensive states in the US is reserved for Alaska. And you might be surprised to find this stated on this list, solely because it doesn’t appear as one of the most desirable places to live in the world. Still, because of its distance, harsh weather conditions, and many other reasons, Alaska made it on our list. The cost of shipping goods to this state, like in Hawaii, is the reason for increased food costs and the costs of other merchandise.
And because of the difficult and cold climate, the energy bills are much higher than in the rest of the US. The median home value, even though significantly, lower than in Massachusetts, for example, is still among the highest in the country. Luckily, at least the median household income is high at $77,640. Of course, if you decide to move we will be able to find you reliable long distance movers in Alaska to help you out.
Maryland is the seventh most expensive state in the US. And that is mainly because of its proximity to Washington D.C. Still, even though this state is so highly rated on the list of most expensive, it has some of the lowest poverty rates in the country, of course, thanks to high employment rates. Still, the median home value of $361,900 makes it pretty hard for people to buy a property, even with the highest median household income in the country of $84,805. If you are ready to move to some other state now, contact us. We will make sure that you hire some of the best long distance movers in Maryland to help you move.
Connecticut also made it to our list of the most expensive states in the US. This state is known for the high costs of housing, utilities, food, and particularly alcohol. Yes, if you live in Connecticut, you are paying your alcohol twice as high compared to the rest of the United States. The monthly energy bill here is around $215 for example. Connecticut also has costly properties with the median home value of $275,400 even though it stands well with median household income, which is among the highest in the country – $78,444. Nevertheless, living in Connecticut is getting harder every day. So if you decide to move contact us and let us connect you with some good and reliable long distance movers Connecticut has to offer.
Another state that, roughly said, suffers because of its proximity to New York City is New Jersey. Of course, the proximity of NYC doesn’t have a direct effect on the high living costs in New Jersey. It only makes the state more appealing which, of course, increases the demand, especially in the real estate market. The median home value in New Jersey is $335,600. And the food and utility costs are also higher than in the rest of the country. Still, the high median household income of $82,545 makes things a little bit more bearable. Still, there are many people that are looking to move out of New Jersey because of the costs. If you are among them, contact us and let us find you some good long distance movers in New Jersey to help you out.
Finally, we come to the last place on the list of the 10 most expensive states in the US. Rhode Island has the honor of being the 10th most expensive state in the country. It is known for high utility and food costs. And the median home value of $261,900 doesn’t make things easier. The big problem here is the median household income, which is not high enough. So Rhode Island made it to our list because of the large disparity between prices and income. If you are enough of it, and you are ready to spend your dollar elsewhere, contact us and let us find you some affordable long distance movers Rhode Island has to offer.
Contact us to find you quality relocation assistance
And that concludes our list of the most expensive states in the US. If you are currently living in one of these states, consider moving. There are still many great places in the country that will value your dollar more. And that is one of the best ways to improve the quality of your life. Just, don’t forget to contact us to help you find good movers to ensure a safe move.