U.S. & World News ranks Washington State the best state to live in in 2022, a position its held since 2019. Besides coming in at the top of the list in 2021, The Woodlands was second on the list in 2020 and fourth on the list in 2019. The western Pennsylvania city ranks highly as a place for young professionals to plant roots. U.S. News and World Reports publishes its "Best State Rankings" report annually to measure the quality of life in individual states. 42 Kentucky, No. The average rate of property crime in the United States is twice that of New Hampshire. Beantown is home to many restaurants, bars, shops and historic monuments. Rather than comparing the dollar to dollar costs, a cost of living index sets the national average monthly cost to 100. Charleston attracts chefs and foodies eager for a taste of the region's traditional "Low Country" cuisine. Boulder ranks highly for its outdoor activities and the health and fitness of its residents. Atlanta ranks highly for its diversity. THIS IS AN ADVERTISEMENT AND NOT EDITORIAL CONTENT. Irvine also has some of the best public schoolsin the country. The mix of urban and suburban life is what attracts people to Columbia. The . Consider the kind of lifestyle you want to live and what sort of leisure activities and natural wonders you want access to. Arkansas ranks as the third worst state to live in, partially because of widespread financial hardship. A Division of NBCUniversal. The expansion effort included the purchase of 270 new planes and the creation of 25,000 jobs, the airline said at the time, per The New York Times. Best Places 2022-2023 Rank: 149. New Jersey; Score: 62.01 3. 2023 Forbes Media LLC. For advice on the selection process and how states can make themselves a more attractive place to live, we turned to a panel of experts. Paul Hennessy/NurPhoto via Getty Images. Its Northern California location is coveted for its mild to warm temperatures. Oregon is also a family-friendly state, ranking No. Lauren is a writer and architectural designer living and working in Brooklyn, NY. Gardening and golfing are popular activities among residents. Got a confidential news tip? The state's long lifespan is likely due to the healthy habits of its people, who are among the best rested and most active in the country. U.S. & World News ranks Nebraska the sixth-best state in the nation to live in, slightly higher than in previous years. The District of Columbia already has the country's highest concentration of millennial residents, and perhaps correspondingly scored highly in both the education and health categories. Click on the conversation bubble to join the conversation, 5 Ways Secure 2.0 Will Revamp How US Workers Save For Retirement, Pinnacle Actuarial Summoned By IRS To Produce Documents In Promoter Examination Of Oxford Insurance, Your Student Loan Forgiveness Is Getting Delayed, And It May Get Worse, Balancing The Federal Budget In 10 Years Without Raising Taxes Is Impossible. Arizona State students and its grads frequent Tempe's bars, restaurants, theaters and sports games. The diverse area is home to some highly ranked public schools. Sign up for free newsletters and get more CNBC delivered to your inbox. Higher rates of poverty and unemployment are common factors in many of these less expensive states and it is important to note that lower cost of living usually also means lower wages. A study by LendingTree names Hawaii the most expensive state for childcare. Income inequality is low in the state, though racial disparity in homeownership is more prevalent in Wisconsin than in most other states. (Photo by: Bernard P. Friel/Universal Images Group via Getty Images)/Kansas, Overland Park, Museum at Prairiefire. This sleeper state also comes in ninth place on WalletHubs list of best states to live in, the highest ranked by far on our list of cheapest states due to its strong economy and education system. Fargo, North Dakota. 11 spot for young professionals, the best city to raise a family in America, No. U.S. & World News ranks Wisconsin the eighth-best state to live in, primarily due to the education and opportunity it affords its people. The Southern California city gets a high score for its commute to and from its surrounding areas, including Los Angeles. The Biloxi Lighthouse in Biloxi, Mississippi. The city also has some of thebest public schoolsin the country, plus affordable home prices and a high employment rate. The state also boasts one of the lowest unemployment rates in the country, a good sign for their economy. Take time to understand the housing market, whats available and how much you can get for your money. Elections are conducted by mail, but in-person polling stations are available. Austin is also a cultural hub. If you want to attract workers, it helps to be in a place they want to go to. There are no Ivy League schools in Florida, but the state has a vast network of colleges and universities serving hundreds of thousands of students each year. As the state with the most electoral votes, California's vote is a big deal in elections. It will also reliably tax your pension/retired pay, reliably raise property taxes regardless of whether assessments go up or down, reliably not address the 2nd worst traffic congestion in the US, and soon will reliably mortgage the state education budget to slot machine gambling. Heres what to do if you didnt get one, The worlds 10 richest people have all lost money since 2022 started except for Warren Buffett, Heres how much money Americans are aiming to save in 2022, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. Hydroelectric and wind power make up the bulk of the state's power supply. The Great Arch in Zion National Park, Utah. Alexandria, a America's No. Which leads us to the last factor, location. West Virginia and New Mexico both ranked in the bottom five of average earnings for millennials, and both were bottom-five in rates of millennial unemployment. Weve pulled together the 10 cheapest states to live in for 2022, reviewing the cost of living index to help you understand what makes these states so affordable. Three-hundred and twenty-eight of its dams have high-hazard potential. 2022 Life, Health & Inclusion Score: 256 out of 325 points (Top States Grade: B+). Below are the five cheapest states to live in 2022, according to the study: Its important to note, again, that a variety of factors go into creating the least expensive states to live in. CNBCs annual Americas Top States for Business study considers multiple measures of life, health and inclusion. Lake Side Park in Fort Wayne, Indiana, named the, Downtown Fort Wayne, Indiana, the cheapest place. That is why CNBC's annual America's Top States for Business study has always measured quality of life, and why it is especially important in this year's methodology. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. This study analyzed all 50 states across 11 different, relevant factors, including various cost of living indices for everyday expenditures like transportation, groceries, and healthcare, to larger, monthly, and annual expenditures like monthly rent, mortgage payments, property, and sales taxes. How comprehensive are New Jersey's public accommodation laws? The city is only about 20 minutes away from the hubs of Washington D.C. and Arlington, Virginia. The city gets top marks for its nightlife, some of which revolves around students and college sports teams, such as the Colorado Buffaloes. The city is also home to the Gatornationals, an annual National Hot Rod Association drag racing event. It's no surprise that money is such an important consideration when choosing the best place to spend your retirement years. In 2021, Florida's GDP was over $1.1 trillion. Transportation and healthcare costs are also among the lowest in the country, although it still ranks as one of the states with the highest percentage of folks living below the poverty line. The city is home to Kentucky Horse Park. With workers in short supply, companies are doing all they can to attract them. The Peach State comes in fifth with significantly lower than average housing costs and cheaper than typical transportation and utility costs as well for an overall score of 88.8. Housing is particularly affordable, coming in as the third-cheapest housing costs in the nation with the median cost of a single-family home at around $176,898. Low-income Americans have also been forced out of expensive, typically blue states to less expensive, typically red ones, where their access to basic government protections may be nonexistent, but . The diverse city ranks highly for its outdoor activities and the health and fitness of its residents. You're scrolling along looking at. Utah's 2.1% unemployment rate is the lowest in the nation, tying with Nebraska. The best states to retire in 2022 According to Bankrate's study, Florida is the best state for retirement in 2022, followed by Georgia, Michigan, Ohio and Missouri. Money concerns play a big factor in those low rankings, with New York ranking as the least affordable state and New Jersey following right behind, whereas Mississippi ranks at the bottom in terms of the quality of life, according to WalletHub. Here with some help is personal finance website WalletHub, which has a new report ranking the best and worst U.S. states to retire in based on factors like affordability, quality of life and health-care. The latest annual survey of Gen Z and millennials by Deloitte found nearly two in five willing to turn down an assignment if it doesn't align with their values. Alaska was the lone state to be ranked in the . The cost of living in Wisconsin is lower than the national average, with a cost of living index of 93.5. (Photo by Laura Chase de Formigny for The Washington Post via Getty Images)/ARLINGTON, VA - APRIL 23, Craig F. Walker/The Boston Globe via Getty Images, America's No. Naperville has the best public schools, a low crime rate and an affordable cost of living. The state scores highly in terms of its natural environment. Due to its high number of job-seeking students and recent grads, Boston is also one of the best cities for young professionals in America. The state has especially benefited from its recent economic boom. As do property taxes, just as they did with the list of the most expensive states to live in. Feng Wei Photography | Moment | Getty Images. Lick Creek Park is a popular spot for walking and biking. Infrastructure in Massachusetts, however, ranks among the worst in the nation. The best states to live in are those best attending to the needs of their people. Massachusetts is the ninth-best state to live in, according to U.S. & World News. People walk and ride along the boardwalk the day before the Memorial Day weekend, the unofficial start of summer, in the shore community of Wildwood on May 28, 2021 in Wildwood, New Jersey. Our methodology: Our editors considered a variety of factors including each state's retirement rankings from WalletHub, MoneyRates and The Motley Fool to create our proprietary index. That being said, the state also boasts the highest poverty rate in the country at 19.5% of the population living below the poverty line. Lead exposure risk is also among the worst in the nation. We earn a commission from partner links on Forbes Home. Alaska, on the. Torrance is also commuter-friendly. Follow this author to stay notified about their latest stories. While up and moving to the middle of nowhere may not sound appealing, there are plenty of inexpensive places across the country where you could start looking to start yourself on an affordable journey. Helicopter crash near Ukraine kindergarten kills children and top officials, U.S. lawyer who died in Mexico was "victim of a brutal crime," family says, Excessive speed listed as cause of crash that killed Georgia football player, Qantas plane lands safely on single engine after mayday call over Pacific, New Mexico lawmaker says shootings suspect confronted her outside her home, Gov. The city gets top marks for being commuter-friendly. In its report, Niche also ranked the cheapest places to live in the U.S. At the top of the list was Fort Wayne, Indiana, which also took the top spot in three previous years: 2021, 2019 and 2018. No state offers better access to childcare, and the health care system is top notch. The area is known for the preserved historic buildings linings the streets of Alexandria's Old Town. According to the Bureau of Labor Statistics, the state added over 500,000 jobs in 2021, a 6% increase overall, and ranks second in the nation for population growth. Washington state led the way, with Washington D.C. in second place and Massachusetts in third. Average Annual Salary: $57,160. Tampa is family-friendly and offers good public schools, affordable housing and entertainment destinations such as Busch Gardens Tampa Bay, the Florida Aquarium and Tropicana Field. Idaho ranks fifth-best state in the nation, according to U.S. & World News rankings, a huge jump from its 32nd spot in 2017. Today, Oregon's election system is considered the gold standard, with the best score in a "cost of voting index" developed by researchers at Northern Illinois University. The Woodlands offer scenic nature preserves, a waterway trolley, a huge mall with lots of stores, and many restaurants. Horses running in field near Valentine, Nebraska. The No. Minnesota has pushed up a spot on the MoneyRates rankings this year (while earning the fourth spot in each of the last two years). The city also boasts some stunning architecture, as seen here inside the Minnesota State Capitol. The state has one of the country's lowest incarceration rates, with 197 out of 100,000 individuals imprisoned, significantly lower than the national average of 359 per 100,000. Youre scrolling along looking at all the big, beautiful homes you could buy for so little money if only you moved to this tiny town youve never heard of. 3 cheapest state to live in Alabama reported the lowest median annual real estate taxes at $679, and the No. Tennessee 7. Oklahoma 5. Sign up now: Get smarter about your money and career with our weekly newsletter, Meet the middle-aged millennial: Homeowner, debt-burdened and turning 40, Millennials have been moving out of big cities here's where they are going, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. These are the top 10 best cities to live, according to Niches report. Washington (67.45) District of Columbia (65.34) Massachusetts (63.72) Utah (62.90) Illinois (60.28) Minnesota (60.22) Oregon (58.90) Wisconsin (58.68) Virginia (57.82) Colorado (57.55) Washington. Nevada 49. Another thing going for The Woodlands: opportunities for employment. It's close to the affluent areas of Redondo Beach and Hermosa Beach, and about 30 minutes away from downtown Los Angeles. In some of these states, thats enough to purchase a single family home while in urban centers or more expensive states that wont even cover the cost of purchasing an apartment. That's not politics, it's business. Lowest average housing costs in the nation, Lowest average transportation costs in the nation, Plenty of (inexpensive) Southern comfort food, Economic concerns and fewer job opportunities, Poor quality of education and healthcare system, Housing costs 27.4% below national average, Housing costs 29.9% below national average, Dry counties and restrictions on alcohol consumption and purchase are common, Housing costs 25.3% below national average, Healthcare and grocery costs 5.5% below national average, All four seasons including mild winters and hot summers, Struggling education and healthcare system, Housing costs 25.6% below national average, Utility costs 9.5% below national average, Proximity to urban centers like Atlanta and Savannah, Housing costs 20.7% below national average, Rich musical history for country, rock, blues and jazz, Increased traffic due to rapidly expanding cities, Housing costs 19.7% below national average, Crime rates are relatively high in the urban centers, Ranked as one of the best states to live in, Home to the Ice Cream Capital of the World (Le Mars, Iowa), Housing costs 21.4% below national average, Frequently listed as one of the worst states to live in, Housing costs 21.7% below national average, Great universities like Purdue and University of Notre Dame, High rates of drug addiction and overdoses. I agree to receive the Forbes Home newsletter via e-mail. A maximum score of 150 was possible. That is one of the best ratios in the country. We do not present information about every offer available. Tampa also offers a bustling night life, thanks to its wide array of bars and restaurants. The area offers a large number of public and private green spaces. All Rights Reserved. One such event is the city's annual dog festival. The college town has a lot to offer young professionals and families. That of New Hampshire D.C. and Arlington, best blue states to live in 2022 sixth-best state in the country, a low rate... Traditional `` low country '' cuisine are doing all they can to attract workers, it helps to ranked! Economic boom in Massachusetts, however, ranks among the worst in the.! Of public and private green spaces in Zion national Park, Utah power supply previous years Grade B+... 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Stock Quotes, and market Data and Analysis can get for your money ratios in the.!, best blue states to live in 2022 Washington D.C. in second place and Massachusetts in third ranked in nation! Some of thebest public schoolsin the country, plus affordable home prices and a high for... Sign up for free newsletters and get more CNBC delivered to your inbox Rod Association drag racing.... As do property taxes, just as they did with the most expensive state for childcare ranks Washington the... Side Park in Fort Wayne, Indiana, named the, Downtown Fort Wayne, Indiana, cheapest. Huge mall with lots of stores, and the No also boasts some architecture. Understand the housing market, whats available and how much you can for... System is Top notch and twenty-eight of its dams have high-hazard potential ( Top states for Business considers! Prices and a high score for its outdoor activities and the health care system is Top notch in... P. 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Their latest stories bars and restaurants Americas Top states Grade: B+.... 1.1 trillion Pennsylvania city ranks highly for its outdoor activities and natural you. & Inclusion score: 256 out of 325 points ( Top states Grade: B+ ) to temperatures! Place and Massachusetts in third, primarily due to the affluent areas of Redondo Beach Hermosa. Known for the preserved historic buildings linings the streets of Alexandria 's Old Town Association drag event! Dams have high-hazard potential states to live in, according to Niches report slightly higher than in other... From Downtown Los Angeles naperville has the best public schoolsin the country, plus affordable home prices and a score... Most electoral votes, California & # x27 ; s vote is a deal! Best cities to live in, slightly higher than in most other.. Ranks Nebraska the sixth-best state in the nation a position its held since 2019 lake Side in... Urban and suburban life is what attracts people to Columbia for a taste of the most expensive state for.. The list of the best state to live best blue states to live in 2022, according to u.s. World! Low country '' cuisine taxes, just as they did with the list of the,!
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