The Most Expensive Town in Each State
26. Missoula, Montana
> City cost of living: 96.5
> State cost of living: 94.2
> City median rent paid: $777
> City median household income: $48,077
While all three metropolitan areas in Montana have a higher regional price parity than the state’s, Missoula is the most expensive. However, the higher cost of living in Missoula is not offset by higher pay. The average Missoula resident earns just under $36,000 annually, about $2,700 less than statewide income per capita. While the cost of living across Montana did not increase from the previous year, the relative cost of goods and services in Missoula went up slightly during the same time period.
27. Omaha-Council Bluffs, Nebraska
> City cost of living: 94.3
> State cost of living: 90.1
> City median rent paid: $783
> City median household income: $55,382
With a regional price parity of 94.3, Omaha is the most expensive metropolitan area in Nebraska. The cost of living is also higher than the statewide average cost. Like many of the more expensive places to live, Omaha has a lower poverty rate than the statewide figure of 13.2%. Furthermore, median annual household income in Omaha-Council Bluffs trumps the corresponding statewide figure of $51,440 by nearly $4,000.
28. Reno, Nevada
> City cost of living: 99.5
> State cost of living: 98.2
> City median rent paid: $870
> City median household income: $53,948
While the costs of all goods and services do not vary much across the state, Reno is the most expensive city in Nevada. The regional price parities of all three metropolitan areas in the state as well as of the state itself are within 2% of the national average cost. While Reno is only slightly more expensive than the rest of the state, income is significantly higher in the city. Per capita income in Reno is about $4,500 higher than per capita income for all of Nevada.
29. Manchester-Nashua, New Hampshire
> City cost of living: 108.9
> State cost of living: 106.2
> City median rent paid: $1,061
> City median household income: $67,574
The Manchester-Nashua metropolitan area is the most expensive in New Hampshire by default as it is the only census-designated metropolitan area in the state. However, Manchester-Nashua residents pay nearly 9% more for goods and services than residents do nationwide, while New Hampshire residents pay just over 6% than national prices. Similarly, annual median household income in the Manchester metropolitan area is about $3,250 greater than the corresponding statewide figure.
30. Trenton, New Jersey
> City cost of living: 111.5
> State cost of living: 114.1
> City median rent paid: $1,096
> City median household income: $70,857
Even though it is the most expensive city in New Jersey, the cost of living in Trenton is actually lower than the average cost of living across the state. While Trenton’s 370,414 residents pay an average of 11.5% more for goods and services than Americans do nationwide, residents across all of New Jersey pay 14.1% more. Despite a lower cost of living, Trenton residents have higher incomes. The average Trenton resident earns $47,404, nearly $2,000 more than the corresponding figure of $45,552 for all of New Jersey.