What is the best state to live in to make the most money? (2024)

What is the best state to live in to make the most money?

But the state where workers earn the highest median annual wage is actually Massachusetts, where the median income as of 2023 is about $60,690, according to the Bureau of Labor Statistics. Workers in the District of Columbia have a higher annual median wage at $84,450, but Massachusetts is the highest-earning state.

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What state is financially best to live in?

Top 5 Best States for Families To Live on the Average Salary
  1. Connecticut: The Best State Financially for Families. Among all states, Connecticut provides the most optimal conditions for a comfortable lifestyle, with the average two-earner household earning $144,146 a year. ...
  2. New Hampshire. ...
  3. Maryland. ...
  4. New Jersey. ...
  5. Virginia.
Feb 20, 2024

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What state has highest salary?

2024 Average Salary by State Rankings
RankStateAverage Annual Salary
1Massachusetts$76,600
2New York$74,870
3California$73,220
4Washington$72,350
46 more rows
Apr 12, 2024

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What is richest state in USA?

New Jersey topped a U.S. News & World Report ranking of the richest states in the U.S. The ranking, published in November, used the U.S. Census Bureau's American Community Survey estimates from 2022 to identify states with the highest median household income.

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What state has highest income?

  • Maryland. #1 in Household Income. #22 in Best States Overall. ...
  • Massachusetts. #2 in Household Income. ...
  • New Jersey. #3 in Household Income. ...
  • New Hampshire. #4 in Household Income. ...
  • California. #5 in Household Income. ...
  • Hawaii. #6 in Household Income. ...
  • Washington. #7 in Household Income. ...
  • Connecticut. #8 in Household Income.

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What is the #1 cheapest state to live in?

The cheapest states to live in are Mississippi, Oklahoma, Kansas, Alabama, Georgia, Missouri, Iowa, Indiana, West Virginia, and Tennessee. Mississippi is the cheapest state to live in in the US, with a cost of living index of 85. The second cheapest state to live in is Oklahoma, with a cost of living index of 85.8.

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What is the #1 best state to live in?

Researchers at the personal finance publication ranked the 50 states based on scores in five categories: affordability, economy, education and health, quality of life, and safety. Massachusetts topped 2023's list, scoring 61 out of 100. New Jersey came in second.

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What state has the lowest cost of living and highest pay?

South Dakota is among the states with the highest minimum wage and low cost of living, with housing and utilities costing an estimated 15% less than the national average in the US.

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What city has the best paying jobs?

The 10 Highest Paying Cities In The World To Get Rich
  • San Francisco, U.S. Monthly salary: $6,526.
  • Zurich, Switzerland. Monthly salary: $5,896.
  • New York, U.S. Monthly salary: $4,612.
  • Boston, U.S. Monthly salary: $4,288.
  • Chicago, U.S. Monthly salary: $4,062.
  • Sydney, Australia. ...
  • Oslo, Norway. ...
  • Copenhagen, Denmark.

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Which state in US has more job opportunities?

Georgia. Georgia has an unemployment rate of 3.4% and a job growth rate of 2%, as of December 2023. With an average salary of $58,000, Georgia is one of the best states to search for a job.

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What is the 2 richest state?

In 2020, California led the American states with the highest ratio of millionaire households per capita, at 8.51%. Following closely behind were New Hampshire, with 8.47%, Virginia with 8.31%, and Alaska with 8.18%.

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Where do the most millionaires live in the USA?

1. New York City. Of all the cities in the US, it's little surprise that the Big Apple has the most millionaires. New York City had 349,500 as of December, a jump of 48% compared to 2013, the Henley and Partners' report said.

What is the best state to live in to make the most money? (2024)
What state has the lowest income?

Mississippi is the poorest state in the US, with a poverty rate of 18.7%.

What is considered a good salary?

As a rule of thumb, a good salary in Los Angeles is between $100k and $200k gross per year. Based on the cost of living in Los Angeles, this should come down to a minimum of $76,710 yearly after taxes.

Which U.S. state should I move to?

If you want to live in a small town surrounded by people who are very friendly and welcoming Virginia, Tennessee, or Kansas is your best bet. If you want to live in a state with a great mix of history and excellent city(s) try Pennsylvania or Massachusetts.

What state is everything cheap?

1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.

What are the 3 best states?

  • #1. Utah.
  • #2. Washington.
  • #3. Idaho.

What is the safest state to live in?

WalletHub released a 2023 report listing the safest states in the US. States were ranked based on 52 safety indicators, including work safety and emergency preparedness. Vermont scored the highest, followed by Maine.

Which state has the best future?

Top 10 States, Future Livability
  • Utah.
  • Minnesota.
  • Colorado.
  • Nebraska.
  • North Dakota.
  • Virginia.
  • Iowa.
  • Hawaii.

What is the 3 cheapest state to live in?

Most Economical States to Live In the US
  1. Mississippi. Emerging as the most economical state, Mississippi boasts a cost of living index score of 86. ...
  2. Kansas. With a score of 86.9, Kansas secures the second spot as one of the most affordable states to live in. ...
  3. Alabama. ...
  4. Oklahoma. ...
  5. Georgia. ...
  6. Tennessee. ...
  7. Missouri. ...
  8. Iowa.
Dec 1, 2023

What are the top 3 most expensive state to live in?

Planning a Fresh Start? This Study Reveals the 10 Most Expensive States To Live in the US
  1. Hawaii. Households in Hawaii pay $3,070 in monthly bills or $36,844 each year. ...
  2. 2. California. Households in California pay $2,838 in monthly bills or $34,055 annually. ...
  3. New Jersey. ...
  4. Massachusetts. ...
  5. Maryland. ...
  6. Connecticut. ...
  7. New York. ...
  8. Washington.
Jan 11, 2024

What state is the hardest to make a living?

These are the ten states deemed to be the worst for making a living.
  • Montana. ...
  • West Virginia. ...
  • Vermont. ...
  • Oregon. ...
  • South Carolina. ...
  • Maine. ...
  • New York. ...
  • Mississippi. Mississippi's affordable cost of living is unfortunately counteracted by its low median wage and dismal workplace safety ratings.

What is the number 1 best job in America?

Get Matched!
  • Nurse Practitioner. #1 in 100 Best Jobs. ...
  • Financial Manager. #2 in 100 Best Jobs. ...
  • Software Developer. #3 in 100 Best Jobs. ...
  • IT Manager. #4 in 100 Best Jobs. ...
  • Physician Assistant. #5 in 100 Best Jobs. ...
  • Medical and Health Services Manager. #6 in 100 Best Jobs. ...
  • Information Security Analyst. #7 in 100 Best Jobs. ...
  • Data Scientist.

What state is it easiest to find a good paying job?

The top 10 states for high-paying entry-level jobs—New York and California aren't on the list
  • South Dakota: 76.1% Median salary: $19.17 per hour.
  • Montana: 75.2% Median salary: $20.29 per hour.
  • Idaho: 72.7% Median salary: $19.26 per hour.
  • Iowa: 70.5% ...
  • New Mexico: 69% ...
  • Indiana: 68.2% ...
  • Wyoming: 68.1% ...
  • Nebraska: 67.6%
Aug 29, 2023

What job has the highest paycheck?

Here are the highest paying jobs of 2024:
  • Anesthesiologist: $239,200.
  • Obstetrician and Gynecologist: $239,200.
  • Oral and Maxillofacial Surgeon: $239,200.
  • Psychiatrist: $226,880.
  • Nurse Anesthetist: $203,090.
  • Pediatrician: $190,350.
  • Orthodontist: $174,360.

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