By Kristine Villarroel
Copyright businessinsider
From groceries to housing, living is getting more expensive, but some states are feeling the effects of rising prices more than others.While states like Hawaii and California are seeing increases in housing costs, others like Florida are experiencing falling real-estate prices thanks to rising inventory and insurance costs.US News & World Report recently ranked all 50 US states by affordability, using US Bureau of Economic Analysis data to determine each state’s housing affordability and cost of living.The list is just one part of US News & World Report’s comparison of US states, which it ranks by categories including opportunity, education, healthcare, and fiscal stability, among others. These categories ultimately contribute to its best states overall ranking. For the full report and rankings, see here.Here are the 10 most affordable states in the US, followed by the 10 least affordable, per US News & World Report.The below list also indicates where each state landed on the report’s best states overall ranking, and includes the median income in each state, using the most recent data from the US Census Bureau’s American Community Survey, which estimated median incomes in 2024.
