41. Sioux Falls, South Dakota
> City cost of living: 93.2
> State cost of living: 88.2
> City median rent paid: $685
> City median household income: $55,952
Sioux Falls has a regional price parity slightly higher than Rapid City, the only other metropolitan area in South Dakota. While goods and services in Sioux Falls are more expensive than they are across the state by 5.7%. Per capita income for the city’s 240,000 residents was about $800 less than the average $48,626 residents across the state took home annually.
42. Nashville-Davidson–Murfreesboro–Franklin, Tennessee
> City cost of living: 94.1
> State cost of living: 90.7
> City median rent paid: $849
> City median household income: $51,996
While Nashville residents face a higher cost of living than those living in the rest of the state, they also have higher incomes. At $45,582, the per capita income in the Nashville area is about $5,000 more than the income per capita statewide. Also, despite rent costing more than the average across the state, only 37.4% of renters in the Nashville area spend more than 35% of their salary on rent compared to the nearly 41% of state residents.
43. Dallas-Fort Worth-Arlington, Texas
> City cost of living: 101.0
> State cost of living: 96.5
> City median rent paid: $908
> City median household income: $57,398
The Dallas-Fort Worth area is the most expensive metropolitan area in Texas. With a price parity of 101, the area’s cost of living is nearly in line with the national average cost but about 4.7% higher than the statewide cost of living. Of the 25 metropolitan areas in Texas, the Dallas-Fort Worth area is one of only two with a higher cost of living than the national average. Cost of living varies widely in Texas as goods and services in the state’s least expensive metropolitan area, McAllen-Edinburg-Mission, cost 15% less than they do nationwide.
44. Salt Lake City, Utah
> City cost of living: 99.1
> State cost of living: 96.8
> City median rent paid: $935
> City median household income: $61,520
On the whole, Utah is a relatively inexpensive state to live. Goods and services across the state cost more than 3% less on average than they do across the country. With a cost of living nearly in line with the national average, Salt Lake City is the most expensive metropolitan area in the Utah. The higher incomes in Salt Lake City somewhat offset the higher cost of living. The average Salt Lake City resident earns $38,705 annually, about $4,000 more than the average statewide income of about $34,580.
45. Burlington-South Burlington, Vermont
> City cost of living: 102.3
> State cost of living: 100.9
> City median rent paid: $996
> City median household income: $62,022
Home to nearly a third of the state’s total population, Burlington is the most expensive city in Vermont by default as it is technically the only metropolitan area in the state. However, the cost of living in Burlington is only about 1.4% higher than it is statewide. While both the median monthly rent and median monthly mortgage are higher in Burlington than the corresponding state average figures, higher incomes in the area help offset the additional burden. At $62,022, median household income in Burlington is nearly $10,000 more than it is statewide.
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