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.
- 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. ...
- New Hampshire. ...
- Maryland. ...
- New Jersey. ...
- Virginia.
Rank | State | Average Annual Salary |
---|---|---|
1 | Massachusetts | $76,600 |
2 | New York | $74,870 |
3 | California | $73,220 |
4 | Washington | $72,350 |
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.
- 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.
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.
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.
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.
- 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.
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.
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%.
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.
Mississippi is the poorest state in the US, with a poverty rate of 18.7%.
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.
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.
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.
- #1. Utah.
- #2. Washington.
- #3. Idaho.
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.
- Utah.
- Minnesota.
- Colorado.
- Nebraska.
- North Dakota.
- Virginia.
- Iowa.
- Hawaii.
- Mississippi. Emerging as the most economical state, Mississippi boasts a cost of living index score of 86. ...
- Kansas. With a score of 86.9, Kansas secures the second spot as one of the most affordable states to live in. ...
- Alabama. ...
- Oklahoma. ...
- Georgia. ...
- Tennessee. ...
- Missouri. ...
- Iowa.
What are the top 3 most expensive state to live in?
- Hawaii. Households in Hawaii pay $3,070 in monthly bills or $36,844 each year. ...
- 2. California. Households in California pay $2,838 in monthly bills or $34,055 annually. ...
- New Jersey. ...
- Massachusetts. ...
- Maryland. ...
- Connecticut. ...
- New York. ...
- Washington.
- 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.
- 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.
- 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%
- 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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