Boston has one of
the highest average cost of living in the entire U.S.. However, the city has so much to offer, from its beautiful parks to its many colleges and universities, that is often listed as one of the best places in the country to live.
Not exact matches
The
cost of living is
higher than
average, but you get what you pay for.
Housing - related
costs for renters and homeowners are 94 %
higher than the U.S.
average, according to the
Cost of Living Index, and they're only going up.
The state is also surprisingly expensive; Alaska ranked fourth - worst on the
cost -
of -
living index, and its home values are
higher than
average.
The only category for which Delaware took a hit in our study was
living expenses, with
higher - than -
average home prices and
cost -
of -
living scores.
What doesn't play in the state's favor is its
high cost of living, bolstered by
higher - than -
average home prices and middling deposit account rates — and the second -
highest median property tax in the country.
Montana has a
cost of living higher than the national
average, as well as a relatively low
average savings APY
of 0.27 %, so it ranks toward the bottom
of the list.
The
average savings APY in Wisconsin is relatively
high at 0.81 %, and the
cost of living is below the national
average.
Like Vermont, Maine has a
higher cost of living than the U.S.
average.
Vermont has a
higher - than -
average cost of living, but a lower - than -
average median income.
Even though the
cost of living is slightly
higher in Massachusetts, the state has a
higher median income and a
higher average savings APY
of 1.16 %, so savings will grow at a
higher rate in Massachusetts, making the $ 1 million last longer.
Even though the
cost of living is relatively
high in Delaware, the state also has an above -
average median income
of $ 61,017 and a
higher average savings APY
of 0.73 %.
It actually
costs more to
live in Texas than Georgia, but $ 1 million in savings lasts longer in Texas thanks to a
higher median income and its
high average savings APY
of 1.17 %.
The Big Sky State has an overall
cost of living that's
higher than the national
average — but only by 0.4 percent.
However, the small town vibe and peace
of mind doesn't come cheap — the AreaVibes
cost of living index is 26 percent
higher than the rest
of the state and 40 percent
higher than the national
average.
The
average Nebraska resident can have more than 47 percent
of their paychecks left over after expenses thanks to a low
cost of living and a relatively
high median household income.
Your
cost of living would increase 14 % on
average if you were a single - income earning household making $ 60,000 a year due to
higher taxes, housing and food
costs.
A move from Chicago, Illinois to Cambridge, Massachusetts would see an
average 12 % increase in
cost of living due to all three factors, with housing almost 25 %
higher.
However, in specific counties where the
cost of living is
higher than typical, and the typical home sale price is well above the national
average, the FHFA assigns 2016 conforming mortgage loan limits to be a little
higher.
Those areas have a mix
of high costs of living,
higher than
average salaries and hefty property taxes.
This reminds Queens residents
of why New York City is already faced with above
average unemployment,
high taxes and a huge
cost of living along with ever - increasing tolls and subway fares.
That this House expresses deep concern at the impact
of the UK Government's policies on Wales; notes the UK Government's real - terms reduction
of the Welsh Budget by # 1.5 bn; notes that Wales currently suffers from the lowest
average rates
of pay in Britain and has the
highest proportion
of individuals affected by cuts to social security including the Bedroom Tax; further notes that Wales suffers the
highest energy bills in the UK and that these, along with low pay, have compounded the
cost of living crisis in Wales; and calls on the Government to immediately scrap the Bedroom Tax, freeze energy bills and undertake measures to increase pay rates in Wales.
Cuomo says it also
costs money, because time spent in prison early in
life leads to a
higher recidivism rate, and more years in state custody, at an
average price
of $ 50,000 a year per inmate.
People typically earn more one
average than those who reside in most other states, but comes with the
high cost of living as well with a lavish lifestyle.
Overall, the
cost of living - adjusted disposable income per capita for Right to Work states in 2011 was more than $ 36,800, or roughly $ 2200
higher than the
average for forced - unionism states.
Republican supporters note this year's
average topped $ 50,000 for the first time and say the national ranking would be
higher if
cost of living were factored in.
GOP supporters note this year's
average is expected to top $ 50,000 for the first time and say the national ranking would be
higher if
cost of living were factored in.
Bottom Line: The quality
of its aluminum chassis, crisp IPS display, and better - than -
average battery
life make the T - Mobile Springboard 4G a solid small - screen tablet choice for those looking for cellular internet, but it is hard to justify the
cost when compared with
higher - end or budget tablets.
The quality
of its aluminum chassis, crisp IPS display, and better - than -
average battery
life make the T - Mobile Springboard 4G a solid small - screen tablet choice for those looking for cellular internet, but it is hard to justify the
cost when compared with
higher - end or budget tablets.
In addition, their term
life policies have a maximum term length
of 5 years, so if you know that you want coverage for a longer period
of time, you'll pay
higher premiums on
average since the
cost increases each time you renew coverage.
The
cost of living in Long Beach is about 30 %
higher than the national
average.
States with a
high cost of living and above
average taxes such as California or New York cause the true value
of $ 100 to be less than expected.
And while the median income for college graduates isn't particularly
high, that's balanced by a below -
average cost of living and super-low taxes.
Home prices tend to register at the
higher end
of the scale but the overall
cost of living is still well below the national
average.
Some college graduates earn almost $ 50,000 at their first jobs, but the relatively
high average salary does not account for the state's above
average cost of living.
In
higher cost of living cities Like San Francisco, New York, or Chicago, housing consumes 50 % or more
of the
average monthly budget.
However, residents
of Los Angeles spend an
average of 32.5 %
of their income on rent — something to think about for those who don't want to stress over a
higher cost of living.
Lincoln's income is one
of the lowest on this list and its credit score is in the middle
of the pack, but it's one
of only three cities (Cambridge and Alexandria being the other two) to have a relative median income
higher than its relative
cost of living as compared to national
averages.
The Garden State's child care tends to be a bit more expensive than
average, which isn't surprising for a state with relatively
high wages and
high cost of living.
This part
of New York offers good - paying jobs and a
cost of living that's not too much
higher than the national
average.
Combine the many leisure activities with Arlington Heights relatively
high cost of living — 10 % above the U.S.
average in 2009 — and you realize that the more ways you can save money on fixed expenses the better.
The
average cost of return
of premium
life insurance is usually about 30 %
higher than basic term
life insurance.
CPA was inspired to address the emotional and financial burden
of student loan debt after an internal staff survey revealed that CPA's 64 employees carry an above -
average amount
of student loan debt (SLD), with approximately half reporting that SLD adds «
high» to «very
high» amounts
of stress to their daily
lives, has prevented or delayed homeownership, and has caused them to consider relocating to a lower
cost area
of the country.
The unemployment rate is
high both relative to the other cities on this list and the national
average, and the
cost of living is a staggering +116 % (more than double!)
Unfortunately, it has the second
highest cost of living as well — 64 % above the national
average.
The
cost of living in Minneapolis is a bit
high for a Midwestern city, though, at 11 % above the national
average.
The
cost of living is a bit
high though, at more than 50 % above the national
average.
Cost of living expenses for housing are 80 percent
higher in Maryland compared to the U.S.
average.
The state has
living costs that are 10.6 percent
higher than the national
average and incomes that fall $ 5,450 short
of the national
average.
But their steep
cost of living is 13.8 percent
higher than the national
average.