Three-hundred and twenty-eight of its dams have high-hazard potential. Data was rounded to the nearest tenth of a percent. The state has one of the lowest poverty levels in the country, with nine percent of residents living at or below the poverty line. 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. 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. Located about 40 miles from New York, the C-graded cost of living may deter some families. Miami to London in half the time? Cinco Ranch received A-plus grades for public schools and jobs and an A for health and fitness offerings. As food costs rise across the United States, Nebraska's reliance on locally grown food has kept prices more stable than in other parts of the country. The claim website notes that they could be awarded up to 25% of the settlement or $181.3 million. Opinions expressed by Forbes Contributors are their own. High-speed internet access is also widely available, with 90% of residents having access. That is one of the best ratios in the country. New Jersey was scant points behind Massachusetts and first in the nation for safety. Oklahoma - 43.8245. Scottsdale, Arizona. The state has some of the nation's best scores on the National Assessment of Education Progress (NAEP) across all grade bands and subjects. The platform is designed to engage citizens and government leaders in a discussion about what needs improvement across the country. Florida's economy is also one of the strongest in the nation. Hawaii - 47.4641. The Best Places to Retire Overseas. Washington leads the country in renewable energy levels, with nearly half of its energy coming from renewable sources. Alabama is the most affordable state, and North Dakota wins for its economy. It has the highest number of high-ranking unis and offers the best graduate salary in all the states. A Division of NBCUniversal. If your organization is interested in becoming a Stacker The Aloha spirit is alive and well here, with a pristine environment, good health care, and low crime. Indiana's housing market is not very competitive. Located north of Indianapolis, Carmel received A-plus grades for public schools, health and fitness offerings, and jobs, as numerous corporate headquarters and regional offices are located there. The average home price in South Carolina in 2022 was $239,500, according to a Rocket Homes analysis.That's about half the Its lowest grade is a C-plus for weather. How comprehensive are New Jersey's public accommodation laws? New Hampshire has some of the highest air quality in the country. The capital city with a small-town feel ranks highly for its outdoor activities and nightlife. Although New Jersey is not among the most affordable states (it ranked 49), it got top marks in safety (ranked No. and more. 1: These metros had the highest inflation in the US, Oops: Copy-paste error results in Nevada homebuyer getting 87 properties for the price of one home. Only 8.5% of residents experience food insecurity, making it the eighth most food-secure state in the country. This may be in large part due to the state's budget, which ended 2021 with a $1.6 billion surplus. Minnesota Best State vs. As with these two cities, many California housing markets had high quality of life scores, but their rankings were often undercut by middling or poor rankings for affordability.Rent affordability continues to be a pressing problem for consumers. Within those five factors, a total of 52 different variables were evaluated. Arkansas - 42.4248. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. More good news for Tennesseeans: The average effective property tax rate in 2022 in the state was only 0.56%. 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. But Hawaii slips to its lowest ranking in this category since 2009 largely because of the addition of childcare as a metric (before 2021, we referred to the category as "Quality of Life"). The National Association of Realtors named Atlanta as the top housing market to watch in 2023. The eight categories measured are healthcare, education, economy, infrastructure, opportunity, fiscal stability, crime and corrections, and the natural environment. Those gains are primarily in the trade, transportation, utilities, professional and business services sectors, and construction and manufacturing. Plus Boston and baked beans!? Note: With the exception of Total Score, all of the columns in the table above depict the relative rank of that state, where a rank of 1 represents the best conditions for Located 35 miles from Washington D.C., Broadlands received A-plus grades for public schools and jobs and an A for health and fitness offerings. Workers in South Dakota love their commute, which is only an average of 17 minutes, as compared to New York, where drivers spend 34 minutes getting to work. Here are the results! An individual's well-being is determined by material conditions, such as housing and income, and more abstract things like health, education, and security. New Mexico - 42.5147. 21% of its energy comes from renewable sources. Where can you spend a Saturday afternoon or meet your friends for happy hour after a long day? Violent crime dropped nearly 5% and property crime fell more than 6%. 46 New Mexico, No. You won't be short of activities to take on as there are more things to do in this state than any of the others. Population: 82,068. In 50th place is New Mexico for safety, Alaska for quality of life, Illinois for its economy, Mississippi for education and health, and California for affordability. Keep up to date with our latest rankings and articles! This is a BETA experience. The 10 Best Places to Live in the U.S. in 2022-2023: 1. Inclusiveness is a way of life in the Beaver State, with robust anti-discrimination laws. The median home value is $806,700, and the median household income is $197,500. Low gas and utilities costs are key factors in the overall cost of living. White Rock received A-plus grades for public schools, housing, and health and fitness offerings. These metros had the highest inflation in the US, Copy-paste error results in Nevada homebuyer getting 87 properties for the price of one home, American Airlines agrees to purchase supersonic planes, Your California Privacy Rights/Privacy Policy. Idaho pulled off fourth place without any top scores: sixth for safety, ninth for economy, 22nd for quality of life, 29th for education and health but 13th for affordability: the first state in the top four to break out of the 40s. Minnesota 10. This is how we calculate each citys LivScore. Wyoming's tax system is ranked #1 overall by the Tax Foundation, which says its taxes are the most business-friendly in the nation. North Carolina boasts a diverse technology, finance, and aerospace job market. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Instead, they should consider small towns and cities in the Midwest and Southwest. West Virginia - 46.8442. Huntsville, Alabama 2. The Falcon Heavy is scheduled to lift off from NASA's Kennedy Space Center in Florida at 7:29 p.m. EDT (2329 GMT), carrying two satellites toward distant geostationary orbit. List Edited by Cara Sanders, Managing Editor & Director of Digital MarketingContributing Writers: Brittany Anas, Dmytryk Carreno, Lindsey Hyde and Cindy Sanders, With a famous farmers market, tons of free cultural attractions, outdoor concerts rocking all summer long and 200 miles for hiking, biking and snowshoeing, Madison, WI, earns its rank as Continue reading Madison, WI, Exciting things are happening in Ann Arbor, MI. Its lowest grade was a C-plus for weather. Fargo, North Dakota. The claim website notes that they could be awarded up to 25% of the settlement or $181.3 million. Wyoming has no personal or corporate income tax, leaving residents with more disposable income. That's because there are not nearly enough of them to fill more than 11 million job openings. It was ranked fifth for education and health, seventh for quality of life, 39th for economy and a not-quite-the-worst-but-close ranking of 48th for affordability. This year, we started with the age-old question: Why should someone want to live here? The median home value is $577,400, and the median household income is $146,198. For example, fourth-ranked Bismarck, North Dakota, ranked first overall for affordability, but only 157th for quality of life. The Biloxi Lighthouse in Biloxi, Mississippi. 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. In 2021, Florida's GDP was over $1.1 trillion. According to AAA's national gas prices index, Kentucky's gas prices are consistently lower than the national average. Next, we craft the rankings. The state already has more than 5,400 licensed childcare facilities serving a population of 7.7 million. Sign up for our email to enjoy your city without spending a thing (as well as some options when youre feeling flush). Stacker used data from the Council for Community and Economic Research to determine which states had the lowest cost of living in 2022. Here's a look at the 12 best U.S. cities for renters, out of 182 of the biggest metro areas: While major cities like New York, Los Angeles, Atlanta and Chicago populate the bottom half of the rankings, smaller cities and suburban enclaves in the Southwest and Midwest occupy the top half. It received its lowest grade, a B-minus, for cost of living, crime and safety, and commute. Strengths: Childcare, Anti-discrimination laws. Best states to live in 2022, per WalletHub: Massachusetts, Mississippi 5. 4. Strengths: Inclusiveness, Voting Rights, Crime Rate. 43 Alabama, No. What are the ways in which each of these cities is creating an environment that is accommodating for remote workers? The median home value is $1.57 million, and the median household income is $250,001. As do property taxes, just as they did with the list of the most expensive states to live in. You'll be surprised by No. The state has especially benefited from its recent economic boom. What State Has the Lowest Cost of Living? Alaska - 40.9350. Each state was then graded out of 100. North Dakota's unemployment rate was among the lowest in the U.S., according to the Bureau of Labor Statistics. 2023 CNBC LLC. Kohler received an A-plus for public schools and A grades for housing, jobs, and nightlife that includes various bars and restaurants not far from the Lake Michigan shoreline. The cost of living in Wisconsin is lower than the national average, with a cost of living index of 93.5. The median home value is $664,600, and the median household income is $203,455. April 24, 2023, at 2:09 p.m. The state is one of the nation's top natural gas and crude oil producers, according to the Energy Information Administration. Population: 2,843 Location: Suburb of Denver. 2022 Life, Health & Inclusion Score: 232 out of 325 points (Top States Grade: B), Strengths: Inclusiveness, Voting Rights, Childcare, Weaknesses: Health Resources, Air Quality. No state offers better access to childcare, and the health care system is top notch. Maine isn't just a safe We Ranked the Top 10 Best AND Worst States to live in America so you know where to move to! The state's roads are relatively well maintained, with 11% needing repair. U.S. & World News ranks Washington State as the best state to live in in 2022, a position its held since 2019. That's not politics, it's business. Safety: WalletHub looks at violent and property crime rates, traffic deaths and the number of law enforcement employees. By entering your email address you agree to our Terms of Use and Privacy Policy and consent to receive emails from Time Out about news, events, offers and partner promotions. Besides the world-class destination of New York City, this state has tons of state parks and natural beauty, great museums and one of the worlds most famous waterfalls. And 87% said they are willing to have someone in recovery as a neighbor. Oklahoma's utility costs are 9% less than the national average. Follow her on Twitter @opheligarcia and Instagram @opheligarcia. WebThe remaining top ten best states to live in are Minnesota at two, followed by Utah, New Hampshire, Idaho, Nebraska, Virginia, Wisconsin, Massachusetts, and Florida. The No. The top-performing states tend to shift from year to year as progress is made in some areas and lost in others. The Garden State is also one of America's safest in terms of violent crimes per capita. Copyright 2023 Nexstar Media Inc. All rights reserved. Fort Wayne, Indiana Wichita Falls, Texas Brownsville, Texas South Bend, Indiana Dayton, When crude oil doesn't need to travel long distances, the markup for gas is much lower. Stephen F. Austin photo. The analysis evaluated rental affordability and quality of life across 22 different metrics, using data from sources like the U.S. Census Bureau, National Association of Realtors and GreatSchools.org.Sign up now:Get smarter about your money and career with our weekly newsletter, Don't miss:Here's how much money it takes to be considered wealthy in 12 major U.S. cities, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. On the other hand, it received a C for ethnic and economic diversity. The state also has a low unemployment rate, at 3.5% at the end of 2022, according to the Bureau of Labor Statistics. Interesting takeaways from this study: Maine has the fewest violent crimes per capita, while Alaska has the most. Local employment opportunities and cost of living are also important factors when contemplating a home purchase. Population: 1,981 Location: Suburb of Philadelphia. We also added more weight to some of our measures of diversity and inclusion in order to reflect what millennials are looking for in the cities they choose to call home. If you want to attract workers, it helps to be in a place they want to go to. If there is time, try visiting in different seasons, different days of the week, and different times of the day," Anacker said. Medina received an A-plus for public schools and A grades for housing, jobs, and health and fitness offerings. Affordability is a core value for Livability, so we look for places that are growing wages and home values while maintaining an affordable cost of living. Renters seeking the best value for their home should look past big coastal cities, according to a recent ranking of U.S. housing markets. 42 Kentucky, No. Economic growth and falling crime rates have helped the state's overall ranking. Population: 2,607 Location: Suburb of Louisville, Kentucky. The city didnt receive a grade below B-minus in any category. WalletHub has an answer. Is your state among the best to live in this year? Maine 12. 2. Natural gas and electricity prices for residents and businesses are much lower in South Dakota than the national average, according to the Energy Information Administration. Median U.S. rent prices increased by about $300 in the last year, for a total of $2,016 as of June 2022, according to data provided by Redfin, a real estate brokerage company. The median home value is $574,100, and the median household income is $196,364. Millennials accounted for28% of homebuyersin the U.S. in 2022, according to the National Association of Realtors. Idaho 5. Minnesota also has one of the lowest levels of unemployment and food insecurity and one of the country's highest levels of homeownership. Surgeons perform a liver transplant procedure at The Mayo Clinic. Try another? Each state's cost of living index was calculated using data from a voluntary survey to find the average index of metro areas and cities measured in each state. Below is a list of the five most expensive states to live in the U.S. according to the study: The full list of all themost expensive states and least expensive states to live inprovides a more thorough breakdown of all 11 factors that went into the study. We found that some states don't make the grade. But these 10 states lead the way in Life, Health and Inclusion. The state's unemployment rate sits at 4.1%, slightly better than the national average. It did rank a low 44th out of 50 states for affordability, but its overall score was enough to eke out a win over the closely-second next state. Yes, these are all statistically great places to live, but would you actually want to live here? Tennessee has no personal income tax, keeping household expenses slightly lower than elsewhere. Public schools in Okemos received an A-plus, and the citylocated near Michigan State Universityreceived A grades for ethnic and economic diversity as well as health and fitness offerings. That's about half the national average of $449,300 calculated by the Federal Reserve Bank of St. Louis. Meanwhile, their ranking on the overall list is considerably lower. Johns Creek, Georgia. Oklahoma housing prices are almost 30% below the national average, making this state the second-lowest in the country for cost of living. Louisiana - 41.7449. Population: 13,859 Location: Suburb of Boston. North Dakota's booming economy, high median wages, and low state income taxes made this Midwestern state an affordable place to live in 2022. Results were limited to one city per state to promote geographic diversity. Add clean air, low crime and low stress, and you get America's Top State to live in for 2022. 47 Arkansas, and No. While the top ten states frequently change, the worst-performing states tend to be the same from year to year. The home of Dartmouth College, Hanover is located just across the Connecticut River from Norwich, Vermont, #21 on this list. Maine. However, that's in part due to the fact that West Virginia's average income is low, and 16.8% of the population lives in poverty, according to the Census Bureau. The state's residents also have the highest level of insurance coverage, with only 3% of the populace reporting they do not have insurance.