Best states to live in, 2023. See where your state ranks for affordability, safety and more. (2024)

Is your state among the best to live in this year? WalletHub has an answer.

Researchers at the personal finance publicationranked the 50 statesbased on scores in fivecategories: affordability,economy,education and health,quality of life, and safety.

Massachusetts topped 2023’s list, scoring61 out of 100. New Jerseycame in second. New Hampshire, New York, and Wyoming fill out the rest of the top fivestates to live in, in that order.

Several Southern states– Mississippi, Louisiana and Arkansas, among others– rounded out the bottom of WalletHub's rankings.

What went into WalletHub's state scores?

WalletHub says itsrankings reflect the states' scores on 51 “livability” indicators, each weighted differently. Here's a breakdown of the five categories:

Affordability:Takes into account the cost of living, housing price including, median household income, home ownership and median annual property taxes.

Economy:Indicators include the state unemployment rate, poverty rate, and wealth gap among others.

Quality of life:Measured by commute times, infrastructure quality, access to walking and bike trails, air quality and weather among several other indicators.

Education and health:Indicators including the quality of the public school and hospital systems, life expectancy and the premature death rate.

Safety:WalletHub looks at violent and property crime rates, traffic deaths and the number of law enforcement employees.

Each category is worth 20 points, with a total maximum score of 100.

Best state to live in by affordability, safety and more

While Massachusetts has the highest total score for 2023, each state ranks differently depending on the livability metric.

Alabama ranked the best state to live in for affordability, while California ranked the worst for this metric.

New York had the best ranking for quality of life, while Alaska had the worst ranking for this same category.

Which states are people moving to?

In 2021, thousands of California residents picked up and moved across the country to Texas, with 111,000 people – or 300 people a day – headed to Texas from the Golden State, an 80% increase compared to 2012, according to data from the U.S. census and IPUMS.

Florida also experienced a major influx of residents during the pandemic, especially those with high incomes. SmartAsset, a personal finance site, analyzed themigration patterns of householdsin the US making $200,000 or above. Florida added a net total of 27,500 high-earning families between 2020 and 2021.

New York along with California experienced the largest negative net-migration of high-income residents.This migration of high-income earners can be attributed to rising inflation and increased cost of living.

California to Texas:Many Americans are opting into moving to Texas to save money.

Pandemic migration patterns:Which states gained the most high-income families during the pandemic?

Best states to live in, 2023. See where your state ranks for affordability, safety and more. (2024)

FAQs

Best states to live in, 2023. See where your state ranks for affordability, safety and more.? ›

Massachusetts topped 2023's list, scoring 61 out of 100. New Jersey came in second. New Hampshire, New York, and Wyoming fill out the rest of the top five states to live in, in that order. Several Southern states – Mississippi, Louisiana and Arkansas, among others – rounded out the bottom of WalletHub's rankings.

What is the best state to live in 2023? ›

But these ten states are America's best places to live and work in 2023.
  • Connecticut. A runner crosses a bridge amidst autumn colors in the woods. ...
  • (tie) Massachusetts. Huntstock | Disabilityimages | Getty Images. ...
  • (tie) Colorado. ...
  • Washington. ...
  • Oregon. ...
  • Hawaii. ...
  • Minnesota. ...
  • New Jersey.
Jul 14, 2023

What is the best state to live in financially? ›

Top 5 Best States for Families To Live on the Average Salary
  • Connecticut: The Best State Financially for Families. ...
  • New Hampshire. ...
  • Maryland. ...
  • New Jersey. ...
  • Virginia. ...
  • Hawaii: The Worst State Financially for Families. ...
  • Nevada. ...
  • Florida.
Feb 20, 2024

Which state is ranked best to live in? ›

Massachusetts has been named the top state to live in for 2023 while New Mexico has been named the worst, according to WalletHub. The personal finance website based its rankings, released Aug. 14, on key indicators of livability, including affordability, economy, safety, quality of life and education and health.

What states are ranked in quality of life? ›

The top five states in terms of quality of life are Washington, Minnesota, Utah, New Hampshire, and Idaho, signifying these have the best combination of healthcare, education, economy, infrastructure, opportunity, fiscal stability, crime rates and natural environment.

What state has the best value to live in? ›

The cheapest states to live in are Mississippi, Oklahoma, Kansas, Alabama, Georgia, Missouri, Iowa, Indiana, West Virginia, and Tennessee. Mississippi is the cheapest state to live in in the US, with a cost of living index of 85. The second cheapest state to live in is Oklahoma, with a cost of living index of 85.8.

What is the safest state in America? ›

The safest state in the U.S., according to the U.S. News methodology, is New Hampshire. With a violent crime rate of 126 per 100,000 and a property crime rate of 1,011 per 100,000, New Hampshire enjoys a high rate of public safety.

What state has the lowest cost of living and highest pay? ›

South Dakota is among the states with the highest minimum wage and low cost of living, with housing and utilities costing an estimated 15% less than the national average in the US. The minimum wage in the state is set to increase 40 cents from January 1, 2024.

What state has the lowest living expenses? ›

To determine which states are the most affordable, the research team at USA TODAY Homefront looked at the cost of living by state. Utah came out on top as the most affordable state, thanks to manageable health care costs. On the other hand, the high homeownership costs landed New York as the least affordable state.

What is the best state to relocate to? ›

15 Best States To Live In: 2024 Rankings
  • Virginia. Total Score: 18.93. ...
  • Massachusetts. Total Score: 18.59. ...
  • New Hampshire. Total Score: 18.16. ...
  • South Dakota. Total Score:17.47. ...
  • Vermont. Total Score: 17.38. ...
  • Minnesota. Total Score: 16.96. ...
  • Wisconsin. Total Score: 15.11. ...
  • Florida. Total Score: 14.49.
Mar 12, 2024

What is the #1 state in the USA? ›

Delaware

What state has the best healthcare? ›

Hawaii is the top state for health care in the U.S. It has the best health outcomes in the country, with low preventable death (630 per 100,000 people), diabetes mortality and obesity rates.

How to pick a state to live in? ›

How To Decide Where To Live: 12 Factors To Consider
  1. Your Housing Budget. This should be an important factor to weigh when you're thinking of moving to a new place. ...
  2. Cost Of Living. ...
  3. Local Real Estate Market. ...
  4. Job Opportunities. ...
  5. Big City Vs. ...
  6. Outdoor Offerings. ...
  7. Climate And Weather. ...
  8. Crime Rates.

What is the happiest state to live in 2023? ›

Utah is now the happiest state in the nation. WalletHub released the results of its 2023 Happiest States in America research. The company combed through studies to identify which internal and external factors give people a sense of overall well-being and satisfaction with life.

What state is most moved to in 2023? ›

The most moved-to states in 2023 were South Carolina, North Carolina, Tennessee, Arizona and Florida. Among the top inbound states in the Moving Migration Report, some cities saw a higher influx of new residents than others. The top cities in 2023 include: Tucson, Arizona.

What is the safest place in the US 2023? ›

The 15 Safest Cities In America
  1. Cary, North Carolina. Population: 180,388. ...
  2. Irvine, California. Population: 313,605. ...
  3. Murrieta, California. Population: 113,783. ...
  4. Port St. Lucie, Florida. ...
  5. Naperville, Illinois. Population: 149,936. ...
  6. Sugar Land, Texas. Population: 109,414. ...
  7. Surprise, Arizona. ...
  8. Simi Valley, California.

What is the safest state in the world 2023? ›

WalletHub released a 2023 report listing the safest states in the US. States were ranked based on 52 safety indicators, including work safety and emergency preparedness. Vermont scored the highest, followed by Maine.

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