List Of Most Expensive States To Live In 2024 List . Transportation and housing are the key contributors to. Cost of living as a baseline of 100, making it easier to visualize and comprehend the relative costs across different states.
Cost of living index (coli) compiles the six subcategories (housing, utilities, grocery items, transportation, health care, and miscellaneous goods and services) into a single value. Our analysis of the annual living expenses across all 50 states, as per the 2021 consumer expenditure survey, revealed that the most expensive states to live in were hawaii, massachusetts, california, new york, and alaska, primarily due to exceedingly high housing and healthcare costs.
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