Your crossed fingers are not included in the list.
the main points
- The cost of living can vary greatly within a country.
- No matter where you live, there are strategies you can use to reduce your monthly expenses.
No matter where you live, you pay a lot to keep a roof over your head, lights and water, and food in your cupboards. But your location makes a huge difference in how much they actually leave you Bank account every month to cover these necessities.
Costs vary not only by state but also by where in the state you live. Unfortunately for residents of the 50 cities below, they will pay some of the highest costs.
The most expensive city in every state
The following cities have the highest cost of living in each state, according to Duxu:
Alaska: eagle river
Arizona: Paradise Valley
California: Ladera farm
Connecticut: New Canaan
Missouri: source field
New Hampshire: Bedford
New Jersey: Princeton
New Mexico: santa fe
New York: garden City
North Carolina: curry
North Dakota: Minute
Rhode Island: Barrington
South Carolina: Hilton Head Island
South Dakota: Sioux Falls
Texas: South Lake
Utah: Park City
West Virginia: Charles Town
What do I do if my city is on the list?
If you live in one of the 50 cities listed above, you probably pay a little more than other residents of your home state. But this may not be a problem for you. If you love where you live and are able to comfortably manage your monthly bills, you should not be bothered by the fact that your city is the most expensive city in your state.
But if you are struggling to afford living where you are, you can take steps to reduce the cost of living, including:
- Abandon the car in favor of public transportation when possible
- Refinance your mortgage When rates are low
- Shop for the most affordable insurance once a year
- Take advantage of discounts and coupons when shopping
- Use less water and electricity when possible to reduce utility costs
- Find a roommate to help lower housing costs
And if you are not very attached to your current city, moving is another option. If you live in an expensive city, moving to a nearby suburb or rural area can save you a lot. Those who are lucky enough to work remotely may be able to keep their jobs, but others may have to explore opportunities elsewhere.
Again, cost of living is not the only or even the most important factor when deciding where to live. But it’s still something you should be aware of. When it’s convenient for you, take steps to reduce your monthly expenses so you can keep more of your hard-earned money.
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