10 MOST AFFORDable US State and 10 Least Affordable – ryan
From Groceres to Housing, Living is Getting More Expensive, But Some States Are Feeling the Effects of Rising Prices more than Others.
Quilets Like Hawaii and California Are Seing Increasses in Housing Costs, Like Florida Are Experiencing Falling Real-Astate Prices thanks to Rising Inventory and Insurance Costs.
US News & World Report Recently racked All 50 US State by Affordability, Using US Bureau of Economic Analysis Data to Determine Each State’s Housing AFFORDABILITY and Cost of Living.
The list is just one part of US News & World Report’s Comparison of US States, Which It Ranks by Categories Including Opportunity, Education, Healthcare, and Fiscal Stability, Among Others. These catgodies ultimately control to its best states overall ranking. For the Full Report and Ranings, see here.
Here are the 10 Most Affordable States in the US, followed by the 10 Least Affordable, for US News & World Report.
The Below List Also Indicates Where Each State Landed on the Report’s Best State Overall Ranking, and Includes the Median Incoming in Each State, Using the Most Recent Data from the US Census Bureau‘S American Community Survey, Which estimated median incomes in 2024.
1. Arkansas
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COST OF LIVING RANKING: 1
Housing Affordability Ranking: 3
Median Household Income: $ 62,106
In us news & world Report’s Ranking of Best States Overall – of which Affordability is One Consider – Arkansas Comes 44th.
2. Mississippi
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COST OF LIVING RANKING: 2
Housing Affordability Ranking: 1
Median Household Income: $ 59,127
In the best states over Overall Ranking, Mississippi Seading Less Well, Ranking 48th.
3. West Virginia
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COST OF LIVING RANKING: 8
Housing Affordability Ranking: 2
Median Household Income: $ 60,798
West Virginia was racked 46th in the best states overgly ranking.
4. South Dakota
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COST OF LIVING RANKING: 3
Housing Affordability Ranking: 6
Median Household Income: $ 76,881
South Dakota Came 8th in the Overall Best State Ranking.
5. Oklahoma
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COST OF LIVING RANKING: 4
Housing Affordability Ranking: 7
Median Household Income: $ 66,148
The Report Ranked Oklahoma The 42nd Best State Overall.
6. Louisiana
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COST OF LIVING RANKING: 5
Housing Affordability Ranking: 8
Median Household Income: $ 60,986
The State was ranked last on the best states over List.
7. Iowa
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COST OF LIVING RANKING: 7
Housing Affordability Ranking: 9
Median Household Income: $ 75,501
Iowa is the 14th Best State Overall, for US News & World Report.
8. Alabama
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COST OF LIVING RANKING: 10
Housing Affordability Ranking: 4
Median Household Income: $ 66,659
Howver, Alabama COMES 45TH IN THE BEST STATES OVERALL RANKING.
9. North Dakota
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COST OF LIVING RANKING: 6
Housing Affordability Ranking: 11
Median Household Income: $ 77,871
Oregon is the 12th best state over, we have consider all metrics, for the Report.
10. Kentucky
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COST OF LIVING RANKING: 14
Housing Affordability Ranking: 5
Median Household Income: $ 64,526
Kentucky is the 39th best state over.
41. Maryland
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COST OF LIVING RANKING: 42
Housing Affordability Ranking: 42
Median Household Income: $ 102,905
Maryland was named the 20th best state in the Report’s Overall Rankings.
42. New Hampshire
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COST OF LIVING RANKING: 44
Housing Affordability Ranking: 40
Median Household Income: $ 99,782
The State was Also racked as the Second-Best State Overall by US News & World Report.
43. Colorado
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COST OF LIVING RANKING: 37
Housing Affordability Ranking: 48
Median Household Income: $ 97,113
Colorado was named the 11th best states over by the Report.
44. Florida
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COST OF LIVING RANKING: 40
Housing Affordability Ranking: 44
Median Household Income: $ 77,735
Florida Ranked 6th Best State Overall Well Considering AFFORDABILITY AND OTHER FACTORS.
45. New York
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COST OF LIVING RANKING: 45
Housing Affordability Ranking: 43
Median Household Income: $ 85,820
New York was named the 22nd Best State Overall.
46. Washington
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COST OF LIVING RANKING: 47
Housing Affordability Ranking: 45
Median Household Income: $ 99,389
Washington came 10th in the best states over Overall Ranking.
47. Massachusetts
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COST OF LIVING RANKING: 46
Housing Affordability Ranking: 47
Median Household Income: $ 104,828
US News & World Report Named Massachusetts the 9th Best State In Its Overall Ranking.
48. Hawaii
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COST OF LIVING RANKING: 48
Housing Affordability Ranking: 46
Median Household Income: $ 100,745
The State Ranked 28th in the Overall Ranking.
49. New Jersey
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COST OF LIVING RANKING: 49
Housing Affordability Ranking: 49
Median Household Income: $ 104,294
New Jersey Came 19th in US News & World Report’s Best States Overall Ranking.
50. California
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COST OF LIVING RANKING: 50
Housing Affordability Ranking: 50
Median Household Income: $ 100,149
In the best states over Overall Ranking, California is racked No. 37.