BusinessHABGas/electricity usa: The cost of living is often what people look at when considering where to move. There are many factors to consider, such as housing costs, food prices, and the price of utilities. In order to help you with your decision about where to live, we’ve created this list of the top 50 US states to live in based on gas and electricity costs.
With the cost of rent and home ownership increasing all the time, it’s more important than ever for you to make informed decisions about where you want to live.
We have researched and compiled this list based on average monthly bills for a standard household (using 1250 kWh per month) in each state. It’s important that you understand how much these three essential living expenses will cost you before making the big decision about which state to call home.
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The Top 50 US States to Live in Based on Gas and Electricity Costs
You probably spend a lot of time thinking about where you want to live, but have you ever considered the cost of living there? Whether you’re trying to save money or just looking for somewhere affordable, the cost of utilities is something you might not have thought about. The state in which you live can have a big impact on how much money you spend on gas and electricity. Different locations tend to have different prices for utilities. These places are perfect if you’re trying to save money, not so great if you’re working on a budget. Here are the top 50 states to live in based on gas and electricity costs.
Key Findings
There is a strong correlation between the cost of electricity and the cost of gas in each state. Electricity costs are higher in the southern states and in the west while gas prices are higher in the northeast. There are big differences in the gas and electricity costs in each state, ranging from around $100 to $300 per month. The cheapest state to live in based on gas and electricity costs is Indiana. The most expensive state to live in based on gas and electricity costs is Hawaii. There are simple ways to reduce your utility expenses.
How We Ranked the States
We analyzed data from the Energy Information Administration on monthly average electricity and natural gas prices by state to find the best states to live in. We used the most up-to-date data from 2016 and 2017 to ensure that our rankings were as accurate as possible. We took each state’s average price for electricity and the average price for gas and then combined them to get the total cost of utility bills in each state. We then ranked each state from cheapest to most expensive.
US States with the Cheapest Electricity
This section looks at which states have the cheapest electricity. Electricity is one of the biggest expenses for households, so it’s important to find out how much you’ll be paying in each state. Here are the states with the cheapest electricity: Texas – $95.77 per month – Texas’s electricity prices are consistently below the national average. You can expect to pay around $95.77 per month. Oklahoma – $96.37 per month – Oklahoma has some of the cheapest electricity in the country. You’ll spend around $96.37 per month. New Mexico – $96.57 per month – New Mexico’s average electricity cost per month is $96.57. Virginia – $99.97 per month – Virginia’s electricity prices are consistently below the national average. You can expect to pay around $99.97 per month. South Carolina – $99.99 per month – South Carolina’s electricity prices are consistently below the national average. You can expect to pay around $99.99 per month.
US States with the Cheapest Gas
This section looks at which states have the cheapest gas. Gas prices are far less consistent than electricity prices. They can fluctuate with the weather and the price of oil. Here are the states with the cheapest gas: Wyoming – $3.82 per gallon – Wyoming is the cheapest state for gas by a long way. You can expect to pay around $3.82 per gallon. New Mexico – $3.89 per gallon – New Mexico is close behind Wyoming in terms of cheapest gas prices. You’ll pay around $3.89 per gallon. Colorado – $3.93 per gallon – Colorado has some of the cheapest gas in the country. You’ll pay around $3.93 per gallon. Oklahoma – $3.94 per gallon – Oklahoma has some of the cheapest gas in the country. You’ll pay around $3.94 per gallon. Utah – $3.98 per gallon – Utah has some of the cheapest gas in the country. You’ll pay around $3.98 per gallon.
US States with the Most Expensive Electricity
This section looks at which states have the most expensive electricity. The price of electricity varies by state. You can expect to pay more for electricity in certain states than others. Here are the states with the most expensive electricity: Hawaii – $201.29 per month – Hawaii is the most expensive state for electricity. You can expect to pay around $201.29 per month. Alaska – $182.67 per month – Alaska is the second most expensive state for electricity. You can expect to pay around $182.67 per month. New Hampshire – $177.58 per month – New Hampshire is the third most expensive state for electricity. You can expect to pay around $177.58 per month. Massachusetts – $167.58 per month – Massachusetts is the fourth most expensive state for electricity. You can expect to pay around $167.58 per month. Connecticut – $154.55 per month – Connecticut is the fifth most expensive state for electricity. You can expect to pay around $154.55 per month.
US States with the Most Expensive Gas
This section looks at which states have the most expensive gas. The price of gas varies by state. You can expect to pay more for gas in certain states than others. Here are the states with the most expensive gas: Hawaii – $3.89 per gallon – Hawaii has some of the most expensive gas in the country. You’ll pay around $3.89 per gallon. New York – $3.79 per gallon – New York has some of the most expensive gas in the country. You’ll pay around $3.79 per gallon. New Jersey – $3.73 per gallon – New Jersey has some of the most expensive gas in the country. You’ll pay around $3.73 per gallon. California – $3.68 per gallon – California has some of the most expensive gas in the country. You’ll pay around $3.68 per gallon. Massachusetts – $3.63 per gallon – Massachusetts has some of the most expensive gas in the country. You’ll pay around $3.63 per gallon.
Conclusion
Gas/electricity usa: There is a strong correlation between the cost of electricity and the cost of gas in each state. Electricity costs are higher in the southern states and in the west while gas prices are higher in the northeast. There are big differences in the gas and electricity costs in each state, ranging from around $100 to $300 per month. The cheapest state to live in based on gas and electricity costs is Indiana. The most expensive state to live in based on gas and electricity costs is Hawaii. There are simple ways to reduce your utility expenses. Reducing your energy consumption is the best place to start.
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