A recent analysis of cost-of-living increases across the United States reveals that inflation continues to affect residents unevenly depending on where they live. Data compiled from the Council for Community and Economic Research’s Cost of Living Index shows that states like Hawaii, California, and New York remain the most expensive due to factors such as housing, transportation, and groceries. The combination of high demand, limited housing supply, and increased material costs has driven up prices, putting additional financial pressure on the average American household.
Meanwhile, southern and midwestern states like Mississippi, Kansas, and Oklahoma are among the more affordable places to live. These states benefit from lower real estate prices, energy costs, and daily expenses. With inflation remaining above pre-pandemic levels, many families are reconsidering where to live based on affordability and overall cost of living. The findings serve as a valuable guide for anyone planning a move or assessing the future economic landscape in different regions.
Read more about Arizona home prices.