States Ranked By Cost Of Living 2024. The cost of living index is a tool that compares the prices of. The value 100 defines the average cost of living throughout the whole united states and anything below that means the cost of living is lower than average.

States, residents still face the nation’s highest cost of living, from food to insurance and housing. The value 100 defines the average cost of living throughout the whole united states and anything below that means the cost of living is lower than average.