Tag Archives: Cost of Living

Most & Least Energy-Expensive States 2021 — and a concern for housing regarding future energy costs

The combined cost of housing and transportation expenses accounted for one-half (49.8 percent) of all monthly household expenditures in 2019 (prior to the pandemic) according to the Annual Consumer Expenditures Study by the U.S. Census Bureau.  Included in both of those are energy costs.  On a simple average across the 50 states, monthly energy costs …Read more

Another Top-10 (Percent) List — Best (and Worst) Cities for 1st-Time Homebuyers

The home remains the largest store of wealth for most households.  Homebuying is a complicated process – particularly for unfamiliar first-time buyers.  Still, first-time homebuyers represented one-in-three of all home sales (33 percent) according to the National Association of Realtor’s latest Annual Profile of Home Buyers and Sellers. Some cities offer better opportunities than others …Read more

Another Top-10 List — Which States Cost the Most (and Least) for a Single Renter Retiree to Live, Social Security Benefits & Average Income Shortfall

A demographic that is growing despite the global Coronavirus pandemic is the number of retirees in the U.S.   Aging takes place regardless – and the Coronavirus pandemic, combined with the 30+ million people that lost their jobs since February are fueling growth in the number of retirees. Motley Fool analyzed a study from ScholarWorks at …Read more

U.S. Homeownership Rate by State

Not only is homeownership the key component of the American Dream, the home is the largest store of wealth for the majority of American families.  Good news is that homeownership is increasing in the U.S. once again.  After the U.S. homeownership rate peaked at 69.2 percent in 2004 (driven by the unthrottled availability of subprime …Read more

How The Average American Household Spent Their Money — 2018

Do you ever question where all the money you earned went?  That thought likely applies to most of us.   A great friend often says, “Life happens.”   And I typically add, “And it costs more than you thought it would.” Fortunately the U.S. Bureau of Labor Statistics tracks typical household incomes and expenditures.   HowMuch.Net added details …Read more