15 most expensive states to live in USA

Want to get the most out of your income? If you live in one of the most expensive states of America, it is quite possible that you should think about moving for this purpose. Here are 15 states where saving will not be easy.

15. Nevada

Moving to Nevada can be an expensive pleasure even before you visit the first casino. Despite the lack of income tax, the state took 15 place in the list of the most expensive for life in the US according to CNBC, writes Reader's Digest. This is due to the fact that the hottest state also occupies 5 place in the ranking of states with the highest housing prices. .

14. New Hampshire

The state has improved slightly in cost of living for the year, dropping two places in the CNBC ranking. Despite this, its 5 percent income tax helps keep New Hampshire in the ranks of expensive places to stay.

13. Washington

Seattle and its giant companies (like Amazon, Microsoft, and Starbucks) are to blame for raising the cost of living in Washington. It is currently the fourth most expensive state in the United States in terms of cost of living.

12. Maine

This New England state charges its residents a pretty hefty price to live in, with a state income tax rate of 7,15%, which contributes to its strong position as one of the worst tax states in the United States. Health care costs here are significantly higher than the United States average, according to the Missouri Economic Research and Information Center (MERIC).

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11. Vermont

According to CNBC, Vermont ranks among the best states in the country for quality of life—number two in the entire country. But this happiness comes at a price - an 8,75 percent state income tax rate and a high gas tax of almost 31 cents per gallon.

10. Rhode Island

Like its northeastern neighbors, Rhode Island has a high cost of living due to a gas tax of 34 cents per gallon, and a housing market with an average home price of 282 600 dollars, according to Zillow.

9. New Jersey

The Garden State is considered one of the most expensive to live due to its proximity to New York City and Philadelphia, with a median home price of $327. It also has a colossally high personal income tax rate of 700% and a 10,75-cent gas tax.

8. Connecticut

According to MERIC, like its New England neighbors, Connecticut has a high cost of living, including housing and food expenses. With taxes, it’s not easier: property taxes are 2%, and the maximum tax rate is close to 7%, Kiplinger reports.

7. Alaska

Spectacular scenery and nature may draw you in, but life in the north is expensive—the cost of all basic goods, including food, utilities, housing and healthcare, is well above average, according to MERIC. But there is no state income tax or sales tax.

6. Oregon

Oregon joins its West Coast neighbors on the list of most expensive states thanks to high home prices—the average home costs about $350, according to Zillow. But Oregon's economy is doing well right now, making expensive accommodations a little easier for its residents.

5. Maryland

This bustling state serves as a suburb of the US capital and is home to several major cities, meaning housing costs are rising across the state. According to MERIC, the cost of living in Maryland is significantly higher than the average for all standard living expenses—except healthcare.

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4. Massachusetts

Massachusetts boasts some of the smartest residents thanks to a top-notch educational system and some of the best schools in the country. But the cost of living here is much higher than average on everything from housing to health care. The state's income tax is 5,05% and the gas tax is almost 27 cents. Visiting the state can also be expensive - Boston is considered the most expensive city in the US to book a hotel room.

3. New York

Real estate in the New York City area definitely helps raise the average home price for the entire state, with the median home price being $301. New Yorkers also spend more money than the average American on other expenses, including food and transportation.

2. California

Living on the West Coast is expensive, with housing and transportation costs well above the national average. Income taxes and gasoline taxes are also high here. The Golden State is also home to some of the most expensive cities in the United States.

1. Hawaii

Living in paradise will cost you dearly. Due to the high cost of housing and the delivery of almost everything else, Hawaii is invariably considered one of the most expensive places to live on earth, also consider the 11 percent income tax and the almost 47 cent gasoline tax.

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