Allison

Allison

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Think ND Is Expensive? Think Again!

  • A new report by Best Life reveals the Most Expensive States In The U.S.
  • They determined their list based on factors like average home value, property tax rate, average state and local tax rate, and average median annual household income in each state.
  • Based on all of this, California is the most expensive state in America.
  • While the annual median household income is over $80,000, average homes cost almost $580,000, with a property tax rate of .72 and state and local taxes at around 8.66%. 

Top Ten Most Expensive States In The U.S.

  1. California
  2. Washington
  3. Hawaii
  4. New Jersey
  5. Massachusetts
  6. New York
  7. Colorado
  8. Illinois
  9. Maryland
  10. Utah
  • On the other end of the spectrum, Montana is the least expensive state in the U.S., where the average home is a little over $290,000 and the average household income is over $57,000.

Wondering where North Dakota falls on this list? We come in at #23 with the following:

Average home value: $236,405

Average property tax rate: 0.95 percent

Average state and local sales tax rate: 6.86 percent

Estimated hourly living wage: $29.55

Annual median household income: $64,577

Expensive State Index Score:35.68


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