Friday, July 27, 2012

The Top 10 Most Expensive States To Live In | Clear Finance and ...

How does your state rank in the most expensive states to live in? Let?s find out.

According to CNBC, there is a direct correlation between the most expensive states to live in and states with highest quality of life; so, if you?re living well, you?re probably paying a lot for it.

Although many states are struggling to stay above water, the costs associated with building state funds back to where they should theoretically be trickles down to the shoulders of the taxpayers, according to the experts.

What that means is that if you?re living in one of the states listed below, the state itself is most likely in financial turmoil (as many states are) and you?re most likely paying higher taxes, according to the experts.

But despite the high costs in each of these states, there are tactics and tips to live frugally whether you?re living in one of these states or not.

Experts suggest many tips but the most popular tip is to clip coupons and buy items online if offered free shipping.

Some of the states that are listed in the report are struggling mightily, some even having cities filing for bankruptcy. Although these numbers seem few and far between, it?s important to know that many states are in the same boat, just to different degrees, according to the experts.

The CNBC study focused on 6 items that are universal to all states: a single family home, a movie ticket, rent, doctor visit, gallon of gas, and a T-bone steak.

Let?s take a look at the top 10 most expensive states to live in within the United States.

1. Hawaii

House: $659,530
Movie ticket: $10.31
Rent: $2,658
Doctor visit: $129.13
Gallon of gas: $3.987
T-bone steak: $7.80

2. Alaska

House: $493,167
Movie ticket: $10.50
Rent: $1,437
Doctor visit: $156.42
Gallon of gas: $3.941
T-bone steak: $10.64

3. Connecticut

House: $568,945
Movie ticket: $10.38
Rent: $1,993
Doctor visit: $116.74
Gallon of gas: $3.845
T-bone steak: $10.82

4. New York

House: $1,215,129
Movie ticket: $13.06
Rent: $3,378
Doctor visit: $140.40
Gallon of gas: $3.884
T-bone steak: $14.25

5. California

House: $799,988
Movie ticket: $10.81
Rent: $2,524
Doctor visit: $121.27
Gallon of gas: $3.741
T-bone steak: $10.25

6. New Jersey

House: $497,759
Movie ticket: $10.86
Rent: $1,631
Doctor visit: $83.24
Gallon of gas: $3.449
T-bone steak: $9.91

7. Rhode Island

House: $359,282
Movie ticket: $10.85
Rent: $1,375
Doctor visit: $149.00
Gallon of gas: $3.606
T-bone steak: $10.51

8. Maryland

House: $534,832
Movie ticket: $10.86
Rent: $1,577
Doctor visit: $87.98
Gallon of gas: $3.625
T-bone steak: $10.28

9. Vermont

House: $394,512
Movie ticket: $9.19
Rent: $1,354
Doctor visit: $102.50
Gallon of gas: $3.494
T-bone steak: $8.75

10. Massachusetts

House: $534,420
Movie ticket: $10.77
Rent: $1,450
Doctor visit: $145.33
Gallon of gas: $3.503
T-bone steak: $9.61

Source: http://www.clearbankruptcy.com/blog/the-top-10-most-expensive-states-to-live-in/

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