The cost of living is absolutely crazy everywhere, but some states are faring better than others.
How much you make is tracked by the minimum wage in each state, while how much you pay for housing is measured by the
, which tracks data on housing prices based on the prices of single-family homes. A state's score moves up or down from the starting point of 100.Here are the states ranked from most affordable to least based on those two factors.Mississippi is a state that doesn't have minimum wage, but is subject to federal minimum wage guidelines of $7.25/hr. It scores a 66.3 on the housing price index .
Wisconsin's minimum wage may match the federal minimum wage at $7.25/hr., but its HPI is a jump from Nebraska's to 88.4.North Carolina is another state with minimum wage of $7.25/hr. Its HPI is 88.6.Minnesota's minimum wage is peculiarly set at $10.59/hr. Its HPI breaks into the 90s at 90.2.North Dakota also has a minimum wage of $7.25/hr. The HPI is 95.4.Pennsylvania also matches the federal minimum wage at $7.25/hr. The HPI is 98.
Idaho has set their minimum wage to match the federal rate, $7.25/hr. The HPI goes up considerably from New Hampshire's, coming in at 110.4.Grace Cary / Getty ImagesColorado's minimum wage and HPI are both higher than the average, with the minimum wage rate at $13.65/hr. and the HPI at 116.4.
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