Updated August 25, 2023

Best States to Live in the USA in 2023

The best states to live in the USA two years after the pandemic on the basis of average wages, cost of living, unemployment rates, and state taxes.

Written by Richard Barrington

Financial Expert

Edited by Kristin Marino

Managing Editor

This annual ranking of the best states to live in has never been conducted after two years of anything as disruptive as the coronavirus pandemic.

That might make this information more important than ever before.

After all, knowing how strong each state is after two years of the crisis in terms of unemployment rates, high median wages, and other favorable job market characteristics provides clues as to which were best positioned to weather this challenge in the first place and which ones would weather the storm if another global situation happened.

With two years of hindsight about the economic impact of widespread lockdowns, we can draw comparisons showing the event’s magnitude.

Here’s how this ranking can help you in thinking about how you would fare if COVID-19 surged again or another global crisis happened.

If your career has been permanently changed since COVID, this information might point you toward one of the top states to live in where residents enjoy high wages.

Even if your career is thriving, the information in this study could help you find places where your earnings and savings could go further.

Best to Worst States: What Is the Range of Economic Conditions?

Washington State was found to be the best state to live in, while Hawaii ranked last.

The chief benefits offered by Washington are an average median income that ranks fourth nationally and the fact that it has no state income tax.

However, Hawaii suffers from the highest cost of living in the nation and compounds that with the second-highest state income tax.

To measure the best states to live in, MoneyRates.com factored in six criteria:

Cost of living
Median annual wage
State income tax
Unemployment rate
Increase in unemployment since the COVID-19 lockdowns began
Workplace safety

Comparing Median Annual Wage

These conditions vary significantly from state to state. For example, the median annual wage in Massachusetts is nearly $20,000 higher than in Mississippi.

Comparing median annual wage in light of purchasing power

Wage comparisons don’t tell the whole story, though. Take New Hampshire and Oregon, for example.

These two states have similar median wages — but Oregon is one of the worst states to live in financially.

While New Hampshire has no state income tax and only a slightly higher-than-average cost of living, Oregon has one of the nation’s highest state income tax rates and one of the highest costs of living.

The result is that the median wage’s purchasing power in Oregon is much lower than that of New Hampshire after you account for state taxes and cost of living.

Comparing the jobless rate

Then there’s the question of getting a job in the first place. One of the best states for jobs was North Dakota, which has the lowest unemployment rate in the nation. Contrast that with the jobless rate in Louisiana, which is more than three times as bad.

Economic Conditions and the Coronavirus Pandemic

Large-scale business shutdowns due to the coronavirus began. By the end of that month, 32 states had already seen their unemployment rate rise. Some businesses survived, but many didn’t.

How conditions for making a living change in each state as the coronavirus situation continues depends both on how conditions were when the crisis began and how rapidly jobs are being lost due to business shutdowns.

Since these job losses are likely to have a growing impact on conditions in each state, MoneyRates included this recent development in its calculation.

As with all the factors in this study, the immediate impact of COVID-19 on the job market varied greatly from state to state.

Obviously, states such as Louisiana and Nevada, where tourism is a huge job creator and revenue generator, were hit particularly hard during the pandemic, but they are starting to welcome tourists back.

Best States to Live in 2023

MoneyRates.com used a proprietary formula to weigh the six factors listed above and produce a rank for all 50 states in terms of conditions for making a living. The following ranked as the ten best states to live in the USA:

1. Washington

In the 10 years MoneyRates.com has been conducting this study, Washington has topped the list five times for the best states to live in the US.

It reclaims the top spot this year after coming in second last year.

Washington is one of eight states with no state income tax. Combine that with the fact that it also has the fourth-highest median income in the nation ($48,140/year), and its underlying strengths are clear.

Washington was hit hard in the early stages of COVID-19, with Seattle one of the first cities in the U.S. to report positive COVID cases. The unemployment rate jumped by 1.3% in the month of March 2020 alone.

Two years later, the employment outlook is looking much better. Unemployment continues to go down in Washington. Steady decreases in the past six months have brought that rate down from 4.6% in October 2021 to 4.2% in March of 2022.

2. North Dakota

This is the third straight year North Dakota has made the top ten in this study and, for 2023, it climbed from ninth place all the way to second.

While it had the lowest rate of unemployment in the early months of COVID, North Dakota still has a low unemployment rate of 2.9%.

One negative should be noted, however: North Dakota ranks third-worst nationally for workplace safety.

3. Minnesota

After finishing fourth in each of the last two years, Minnesota climbed a notch to third place this year.

Its 2.5% unemployment rate is tied for fifth-lowest in the nation.

However, Minnesota’s biggest weakness as a place to make a living is a state-income-tax burden that is higher than that of most states.

4. Michigan

For the fourth consecutive year, Michigan has made the top 10 — and it has improved its rank in each of those years.

Michigan is one of the 10 best states to live in the U.S., and when combined with a median income that is higher than most states, it goes a long way toward making it a good place to make a living.

5. Texas

Though it dropped a couple of slots after two consecutive third-place finishes, Texas remains a strong place to make a living based on a few factors:

No state income tax
More affordable than most states
Workplace safety is better than in most states

6. Illinois

In addition to topping the ranking in the initial year of this study (2011), Illinois has made the top 10 in eight out of 10 years.

This year, a top-ten ranking for workplace safety is its greatest strength, with the most obvious flaw being that it has one of the highest state income tax burdens for median earners.

7. Kansas

This is the third time in 10 years Kansas has made the top ten.

It has the sixth-lowest cost of living and ties with a few other states for the fifth-lowest unemployment rate of 2.5%

8. Tennessee

This is the first time Tennessee has made the top ten since 2011, when it also ranked eighth. It has a decent unemployment rate of 3.2%, which puts it in a respectable 18th position when compared to the rest of the states for unemployment rates.

Tennessee benefits from both a low cost of living and a relatively low state income tax burden.

9. Colorado

This ranking continues a streak of making the top 10 in every year of this study.

This year, Colorado benefited from top-10 rankings for affordability and workplace safety.

Colorado’s unemployment rate took a hit as a result of COVID and currently sits at 3.7%.

10. Oklahoma

This is Oklahoma’s third time making the top 10, and its first time since 2014.

Oklahoma has the third-lowest cost of living and is one of the best states to live in financially. So even though the median income is relatively low, the money goes a long way.

Oklahoma also has one of the ten lowest unemployment rates, so the prospects for getting a job there should be relatively good.

Your Career and Personal Finance Situation

The economic impact of the COVID-19 outbreak impacted most Americans, and some states have managed to find stronger economic footing than others.

If you find yourself in one of the worst states to make a living, you might consider taking a broad view of the job market. Conditions might be much better in another state, so relocation might be helpful in getting your career back on track.

Even though we’ve stopped staying at home and being required to masks, you can still continue to save money as many Americans did during COVID times. Putting a little extra toward an emergency fund or your retirement savings could come in handy in the future. If COVID has taught us anything, it’s to prepare for the unexpected.

>> Compare savings accounts

Best States to Live in 2023 Methodology

The six factors used in calculating the best states to live in the US came from the following sources:

Cost of living by state was based on an average of each state’s metro area costs of living data as reported by the Council for Community and Economic Research.
Median annual wage was based on the state-by-state average for all occupations from the Bureau of Labor Statistics.
State income tax was calculated using state income-tax brackets from the Tax Foundation and applying them to the median income in each state.
Unemployment rate was based on state unemployment data from the Bureau of Labor Statistics.
Increase in unemployment since the COVID-19 lockdowns began was calculated by comparing the March and February 2020 state unemployment data from the Bureau of Labor Statistics. We then looked at unemployment rates from March 2022 to see how it has changed since then.
Workplace safety was based on Bureau of Labor Statistics data on both rates of non-fatal occupational injuries and illnesses and fatal occupational injuries.

Full Listing

Here’s the complete ranking of all 50 best states to live in the U.S.:

Best States to Live in 2023
Rank	State
1	Washington
2	North Dakota
3	Minnesota
4	Michigan
5	Texas
6	Illinois
7	Kansas
8	Tennessee
9	Colorado
10	Oklahoma
11	Virginia
12	Ohio
13	Missouri
14	Nebraska
15	Wyoming
16	Wisconsin
17	Georgia
18	Iowa
19	Indiana
20	New Hampshire
21	New Mexico
22	Massachusetts
23	Arizona
24	Alabama
25	North Carolina
26	Connecticut
27	Utah
28	Idaho
29	Pennsylvania
30	New Jersey
31	Delaware
32	Alaska
33	Rhode Island
34	Florida
35	Arkansas
36	South Carolina
37	Kentucky
38	Maryland
39	Mississippi
40	Vermont
41	Louisiana
42	South Dakota
43	West Virginia
44	Montana
45	New York
46	Maine
47	Nevada
48	California
49	Oregon
50	Hawaii

Previous Best States to Make a Living

Best States to Make A Living 2019 (+)

Full Ranking of All 50 States

Didn’t see your home state among the best and worst states to live in? Here is the full ranking of 50 states:

Rank	State	COL	Median Income	Tax Burden (as a % of Income)	Unemployment Rate	Work-related Injury, Illness, and Fatality Rates
1	Wyoming	90.5	$40,240	0.00%	3.9	11.4
2	Washington	109.4	$46,100	0.00%	4.5	6.7
3	Texas	91.6	$37,100	0.00%	3.8	6.6
4	Minnesota	101.4	$42,630	4.19%	3.1	6.8
5	Michigan	89.2	$37,620	3.75%	4	6.7
6	Missouri	88.8	$36,040	3.07%	3.2	7.2
7	Illinois	96.1	$39,950	4.67%	4.3	5.7
8	Ohio	92.8	$37,360	1.74%	4.6	6
9	North Dakota	98.7	$41,340	0.66%	2.4	13.3
10	Colorado	105.4	$42,310	3.29%	3.7	6
11	Virginia	101.8	$40,820	4.57%	2.9	5.5
12	Tennessee	89.5	$34,890	0.00%	3.2	7.4
13	Iowa	91.7	$37,100	4.34%	2.4	8.3
14	Wisconsin	95.7	$37,970	3.52%	2.9	7.2
15	Nebraska	94.7	$37,130	3.15%	2.8	6.6
16	Kansas	89.6	$35,950	3.38%	3.4	8.4
17	Indiana	90.0	$35,730	3.14%	3.5	8
18	Oklahoma	87.7	$34,560	2.47%	3.3	8.7
19	New Hampshire	109.2	$39,870	0.00%	2.4	4.8
20	Georgia	91.3	$35,950	4.10%	3.9	6.8
21	Kentucky	91.7	$34,650	4.63%	4.1	7.1
22	Pennsylvania	101.1	$38,450	3.07%	4	6.1
23	Delaware	105.9	$39,900	4.11%	3.4	4.9
24	Arizona	98.2	$37,020	2.21%	5.1	6
25	North Carolina	94.2	$35,750	3.78%	3.9	6.4
26	Massachusetts	129.5	$48,680	4.59%	3	5.9
27	Utah	98.1	$36,790	4.95%	3	5.9
28	Alabama	89.4	$33,740	4.29%	3.7	6.7
29	New Jersey	122.3	$43,600	1.98%	4	4.5
30	Florida	98.8	$34,560	0.00%	3.5	6.5
31	New Mexico	92.7	$34,120	2.33%	5.1	7.8
32	Idaho	94.1	$34,260	3.68%	2.9	8
33	Connecticut	133.3	$46,920	2.98%	3.8	5.5
34	Rhode Island	122.3	$42,040	2.60%	3.9	4.8
35	Arkansas	88.3	$31,850	3.38%	3.8	8.8
36	Louisiana	93.6	$33,390	2.71%	4.9	8.5
37	South Carolina	98.2	$33,750	2.79%	3.2	7
38	Mississippi	85.6	$30,580	3.05%	4.8	9.4
39	Maryland	131.1	$44,690	4.05%	3.7	6
40	Alaska	130.4	$48,020	0.00%	6.5	14.1
41	South Dakota	99.9	$33,450	0.00%	2.9	10.5
42	New York	135.5	$44,990	4.47%	3.9	6.3
43	Nevada	111.8	$35,550	0.00%	4.3	6.2
44	West Virginia	94.6	$32,640	3.53%	5.2	10.5
45	Vermont	118.6	$39,720	2.48%	2.4	11.5
46	Montana	103.9	$35,080	3.81%	3.8	11.3
47	Maine	117.1	$37,120	3.21%	3.4	7.5
48	California	142.2	$42,430	2.70%	4.2	5.8
49	Oregon	131.0	$39,580	7.81%	4.4	7
50	Hawaii	189.7	$42,480	5.92%	2.7	5.9

Best and Worst States to Make A Living 2018 (+)

Full Ranking of All 50 States

Didn’t see your home state among the best and worst states to live in? Here is the full ranking of 50 states:

Rank	State	COL	Median Income	Tax Burden (as a % of Income)	Unemployment Rate	Work-related Injury, Illness, and Fatality Rates
1	Washington	107.1	$44,440	0.00%	4.7	6.8
2	Colorado	98.1	$40,880	4.63%	3	6.3
3	Texas	91.2	$36,170	0.00%	4	6.9
4	Minnesota	99.7	$41,260	5.98%	3.2	6.8
5	Ohio	92.3	$36,500	1.93%	4.5	5.8
6	Michigan	89.7	$36,650	3.79%	4.8	6.9
7	North Dakota	99.7	$40,040	1.15%	2.6	10.3
8	Illinois	97.2	$38,870	4.70%	4.7	5.9
9	Missouri	89.9	$35,050	2.91%	3.7	7.1
10	Virginia	102.2	$39,800	4.54%	3.5	6.8
11	Wisconsin	96.2	$37,040	3.58%	2.9	7.4
12	Iowa	91.3	$35,930	4.70%	2.9	8.6
13	Arizona	95.6	$36,270	2.25%	4.9	5.7
14	Kansas	90.2	$35,150	3.33%	3.4	8.6
15	Nebraska	92.9	$36,130	3.21%	2.8	9.7
16	Wyoming	95.6	$39,120	0.00%	4	15.9
17	Georgia	90.8	$35,040	4.60%	4.5	6.8
18	Delaware	102.9	$38,850	4.08%	4.4	5.4
19	Indiana	91.1	$34,590	3.14%	3.2	8.0
20	Utah	95.7	$35,650	5.00%	3.1	6.2
21	Connecticut	125.7	$45,870	2.93%	4.6	5.2
22	Pennsylvania	102.0	$37,540	3.07%	4.8	6.1
23	Oklahoma	89.2	$33,630	3.35%	4.1	8.9
24	North Carolina	94.6	$34,750	4.11%	4.5	6.4
25	Tennessee	96.7	$33,860	0.00%	3.4	7.3
26	New Jersey	121.9	$42,500	1.88%	4.6	5.4
27	Massachusetts	132.9	$47,440	4.63%	3.5	6.2
28	New Hampshire	115.0	$38,900	0.00%	2.6	6.5
29	Idaho	92.2	$33,250	5.22%	3	7.4
30	Alabama	90.3	$32,800	4.88%	3.7	7.8
31	Kentucky	93.7	$33,790	4.83%	4.1	8.4
32	Florida	99.8	$33,420	0.00%	3.9	6.9
33	Arkansas	87.8	$30,810	3.62%	3.8	8.0
34	New Mexico	94.9	$33,450	1.71%	5.8	8.3
35	Louisiana	94.4	$32,490	2.68%	4.5	7.2
36	Mississippi	85.1	$30,070	3.12%	4.5	9.6
37	Maryland	128.7	$43,840	4.07%	4.2	6.5
38	Nevada	104.7	$34,930	0.00%	4.9	8.0
39	Rhode Island	123.6	$40,450	2.59%	4.5	5.1
40	Alaska	131.3	$47,560	0.00%	7.3	14.5
41	New York	132.5	$43,690	4.46%	4.6	5.9
42	South Dakota	99.5	$32,340	0.00%	3.4	10.8
43	Vermont	120.7	$38,640	2.45%	2.8	7.9
44	Maine	113.6	$36,210	3.99%	2.9	7.2
45	Montana	100.4	$33,840	3.78%	4.1	12.1
46	West Virginia	95.9	$31,540	3.50%	5.4	10.0
47	South Carolina	99.5	$32,780	2.90%	4.4	7.2
48	California	141.0	$40,980	2.15%	4.3	5.9
49	Oregon	129.3	$38,840	7.85%	4.1	7.9
50	Hawaii	188.3	$41,650	5.88%	2.1	6.0

Best and Worst States to Make A Living 2017 (+)

Full Ranking of All 50 States

Didn’t see your home state in the best or worst lists? Here is the full ranking of 50 states:

Rank	State	Cost of Living Index	Median Income	Tax Rate on Average Income	Unemployment Rate	Incidents/100 Workers
1	Washington	107.0	43,400	0.00%	4.7	6.6
2	Minnesota	99.8	40,100	4.15%	3.8	6.2
3	Illinois	95.2	38,270	3.54%	4.9	6.1
4	Texas	90.8	35,480	0.00%	5	7.1
5	Colorado	101.0	39,710	4.63%	2.6	6.3**
6	Wyoming	91.6	38,710	0.00%	4.5	15.5
7	Virginia	100.1	39,070	4.51%	3.8	5.4
8	Ohio	92.9	35,760	1.91%	5.1	6.8
9	Michigan	93.5	36,030	3.78%	5.1	6.5
10	Kansas	90.3	34,460	3.07%	3.8	7.6
11	Nebraska	91.2	34,890	3.19%	3.1	8.8
12	Indiana	88.8	33,790	3.13%	3.9	7.7
13	Utah	92.6	35,010	4.57%	3.1	6.7
14	Wisconsin	96.8	36,250	3.52%	3.4	7.2
15	Delaware	102.5	37,960	4.04%	4.5	4.6
16	North Dakota	94.0	39,160	0.81%	2.8	15.9**
17	Iowa	91.6	34,790	4.66%	3.1	7.8
18	Tennessee	89.7	32,800	0.00%	5.1	6.9
19	Missouri	90.7	34,230	3.86%	3.9	7.4
20	Massachusetts	127.4	46,690	4.62%	3.6	5.1
21	Arizona	98.6	35,470	2.25%	5	5.5
22	Oklahoma	88.5	33,140	3.32%	4.3	8.9**
23	Georgia	91.5	34,330	4.57%	5.1	7.4
24	Idaho	89.6	32,800	4.29%	3.5	8.2**
25	New Jersey	120.8	41,950	1.84%	4.2	5.3
26	North Carolina	94.0	33,920	4.08%	4.9	6.2
27	Alaska	131.5	47,170	0.00%	6.4	8.1
28	Pennsylvania	102.7	36,680	3.07%	4.8	6.6
29	Kentucky	90.7	33,190	4.81%	5	9.2
30	Connecticut	130.5	45,090	2.89%	4.8	6.1
31	Maryland	124.8	43,010	4.05%	4.3	5.6
32	Alabama	90.2	32,100	4.88%	5.8	6.7
33	Florida	98.3	32,790	0.00%	4.8	6.5**
34	New Hampshire	119.1	38,270	0.00%	2.8	6.1**
35	Nevada	104.4	34,510	0.00%	4.8	7.4
36	Rhode Island	122.0	39,730	2.59%	4.3	4.6**
37	Arkansas	88.4	30,130	3.56%	3.6	8.6
38	New Mexico	95.6	32,900	2.50%	6.7	7.6
39	Louisiana	94.3	32,080	2.66%	5.7	7.9
40	South Dakota	98.2	31,590	0.00%	2.8	8.3**
41	Mississippi	85.9	29,590	3.09%	5	10.2**
42	New York	130.1	42,760	4.45%	4.3	5.7
43	Maine	111.9	35,380	3.23%	3	7.4
44	South Carolina	99.4	32,140	3.19%	4.4	8.5
45	Oregon	115.3	37,990	7.82%	3.8	6.4
46	Vermont	122.3	37,920	2.58%	3	7.5
47	West Virginia	95.6	30,760	3.48%	4.9	8.4
48	Montana	100.7	32,750	3.73%	3.8	11.9
49	California	143.5	40,920	2.19%	4.9	6.0
50	Hawaii	167.1	40,030	5.80%	2.7	6.1

Best and Worst States to Make A Living 2016 (+)

Full Ranking of 50 States

Didn’t see your state in the Best or Worst States to Make a Living? Find your state in the full ranking of all 50 states below:

Rank	State	Cost of Living Index	Median Income	State Tax on Median Income	Unemployment Rate	Incidents/100 Workers
1	Wyoming	92.8	$38,280	$0.00	5.2	3.7
2	Washington	106.0	$42,190	$0.00	5.8	4.7
3	Virginia	94.5	$38,180	$1,937.85	4	3.0
4	North Dakota	101.2	$38,170	$426.64	3.1	3.6**
5	Texas	92.6	$34,550	$0.00	4.3	2.6
6	Ohio	92.5	$35,030	$731.29	5.1	2.9
7	Michigan	91.2	$35,400	$1,504.50	4.8	3.7
8	Colorado	101.9	$38,800	$1,796.44	2.9	3.6**
9	Illinois	96.5	$37,320	$1,399.50	6.5	3.2
10	Minnesota	101.5	$38,870	$2,312.28	3.7	3.7
11	Kansas	90.9	$33,700	$1,265.20	3.9	3.7
12	Indiana	88.0	$32,910	$1,086.03	5	4.0
13	Nebraska	92.3	$33,840	$1,465.48	3	3.6
14	Utah	92.4	$33,990	$1,699.50	3.5	3.3
15	Delaware	102.8	$37,750	$1,708.63	4.4	2.8
16	Tennessee	90.3	$31,820	$0.00	4.5	3.3
17	Missouri	91.5	$33,380	$1,777.80	4.2	3.3
18	Iowa	92.0	$33,650	$1,690.00	3.8	4.4
19	Oklahoma	89.7	$32,430	$1,433.00	4.4	3.6**
20	Georgia	91.7	$33,430	$1,815.80	5.5	3.2
21	Idaho	88.2	$31,860	$2,106.99	3.8	3.6**
22	Arizona	98.8	$34,680	$911.08	5.4	3.2
23	Pennsylvania	103.0	$36,150	$1,109.81	4.9	3.6
24	Alaska	133.5	$46,420	$0.00	6.6	3.0
25	Wisconsin	98.1	$35,110	$1,900.65	4.5	4.0
26	Kentucky	90.0	$32,340	$1,691.72	5.6	3.8
27	Massachusetts	130.4	$45,580	$2,324.58	4.4	3.3
28	Louisiana	93.4	$31,980	$1,029.20	6.1	2.3
29	Maryland	121.1	$41,860	$1,935.85	4.7	3.5
30	Alabama	90.2	$31,550	$1,537.50	6.2	3.0
31	Mississippi	83.5	$29,000	$1,300.00	6.3	3.6**
32	North Carolina	95.8	$33,100	$1,903.25	5.5	2.9
33	New Jersey	125.6	$41,320	$790.43	4.4	3.3
34	New Hampshire	118.2	$37,280	$0.00	2.6	3.6**
35	Florida	100.5	$31,810	$0.00	4.9	3.7**
36	Connecticut	131.8	$43,830	$1,991.50	5.7	3.7
37	Arkansas	91.4	$29,420	$1,299.25	4	2.7
38	Nevada	106.5	$33,700	$0.00	5.8	4.1
39	South Dakota	102.5	$30,780	$0.00	2.5	3.6**
40	New Mexico	100*	$32,320	$1,304.18	6.2	3.6
41	Rhode Island	123.3	$39,050	$1,464.38	5.4	3.6**
42	South Carolina	97.5	$31,280	$1,693.20	5.7	3.0
43	Montana	102.7	$31,970	$1,651.33	4.3	4.6
44	New York	135.6	$41,600	$2,346.40	4.8	3.1
45	Vermont	123.8	$37,040	$1,314.92	3.3	5.1
46	California	134.3	$39,830	$1,351.66	5.4	3.8
47	Maine	114.7	$34,710	$2,142.96	3.4	5.3
48	West Virginia	103.7	$30,240	$1,135.80	6.5	4.1
49	Oregon	129.5	$37,080	$3,102.20	4.5	4.0
50	Hawaii	168.6	$38,750	$2,482.85	3.1	3.8

Best and Worst States to Make A Living 2015 (+)

Full Ranking of 50 States

Didn’t see your state named one of the Best or the Worst? Here’s the full list.

Ranking is based on performance across all featured metrics:

Rank	State	COL Index	Average Income	State Tax on Average Income	Unemployment Rate	Work Incidents/100 Workers
1	Texas	92.4	$45,330	$0.00	4.2	2.7
2	Washington	104.1	$52,540	$0.00	5.5	4.9
3	Wyoming	92.7	$44,930	$0.00	4.1	3.5
4	Virginia	99.7	$50,750	$2,660.63	4.8	2.9
5	Illinois	96.3	$48,780	$1,749.56	6	3.5
6	Michigan	90.9	$45,140	$1,918.45	5.4	3.8
7	Colorado	102.2	$49,860	$2,308.52	4.2	3.7
8	Delaware	103.1	$49,520	$2,361.86	4.5	3
9	Ohio	93.0	$43,900	$1,072.57	5.2	3
10	Utah	91.2	$43,550	$2,177.50	3.4	3.4
11	Georgia	91.5	$44,670	$2,490.20	6.3	3
12	Minnesota	100.9	$48,310	$2,979.67	3.7	3.9
13	Tennessee	90.4	$40,650	$0.00	6	3.4
14	Arizona	96.3	$44,580	$1,224.90	6	3.5
15	Indiana	89.6	$41,470	$1,335.51	5.4	3.8
16	North Dakota	100.1	$44,100	$613.62	3.1	3.7
17	Kansas	91.88	$42,020	$1,647.92	4.3	3.7
18	Missouri	91.5	$42,790	$2,342.40	5.7	3.3
19	Oklahoma	89.1	$40,850	$1,934.38	4.1	3.8
20	Massachusetts	126.2	$57,610	$2,966.92	4.7	3
21	Nebraska	93.3	$41,080	$1,977.67	2.5	3.9
22	Alabama	90.7	$40,890	$2,004.50	5.8	3.2
23	Idaho	88.2	$39,770	$2,696.53	3.8	3.7
24	North Carolina	96.3	$43,280	$2,488.60	5.5	2.9
25	Maryland	120.2	$53,470	$2,487.33	5.3	3.4
26	Pennsylvania	104.2	$45,750	$1,404.53	5.3	3.9
27	Iowa	92.5	$41,120	$2,204.57	3.8	4.8
28	Kentucky	90.0	$40,040	$2,138.32	5	4.1
29	New Jersey	124.2	$53,920	$1,486.58	6.5	3.4
30	Wisconsin	97.8	$42,880	$2,394.01	4.4	4
31	Mississippi	83.7	$36,750	$1,687.50	6.6	3.7
32	Louisiana	93.8	$40,190	$1,357.60	6.6	2.6
33	Florida	101.2	$41,820	$0.00	5.6	3.7
34	New Hampshire	117.4	$47,060	$0.00	3.8	3.7
35	New Mexico	100.0	$42,230	$1,789.77	6.2	3.5
36	Arkansas	91.3	$37,940	$1,880.97	5.7	3.2
37	Nevada	105.4	$42,310	$0.00	7.1	4.1
38	Alaska	137.0	$54,040	$0.00	6.7	4.2
39	South Carolina	95.5	$39,570	$2,280.30	6.7	3.2
40	New York	136.1	$55,630	$3,253.44	5.7	3
41	Connecticut	134.7	$55,060	$2,578.30	6.3	4.1
42	Rhode Island	123.3	$49,570	$1,858.88	6.1	3.7
43	South Dakota	101.3	$37,300	$0.00	3.6	3.7
44	Montana	102.1	$39,880	$2,208.72	4	4.8
45	California	138.2	$53,890	$2,523.00	6.3	4
46	Vermont	123.6	$44,540	$1,829.47	3.6	5.3
47	West Virginia	104.8	$37,880	$1,479.60	7	3.8
48	Maine	115.8	$42,140	$2,709.16	4.7	5.3
49	Oregon	128.5	$46,850	$3,981.50	5.2	4.1
50	Hawaii	170.8	$46,230	$3,073.77	4.1	3.8

About Author

Richard Barrington

Richard Barrington has been a Senior Financial Analyst for MoneyRates. He has appeared on Fox Business News and NPR, and has been quoted by the Wall Street Journal, the New York Times, USA Today, CNBC and many other publications. Richard has over 30 years of experience in financial services. He has earned the Chartered Financial Analyst (CFA) designation from the Association of Investment Management and Research (now the “CFA Institute”).