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Richard Rider

CA did well financially in 2015, but largely offset by soaring CA cost of living

In a dramatic improvement, California did quite well economically in 2015 — as measured by job creation and GDP.  Not good when looking back since the start of the recession, but definitely good this past year.

Unfortunately much of our improvement compared to the other states was offset by our ever-worsening cost of living rank vis-à-vis our domestic state competitors. California’s COL ranked 36.2% higher than the national average in the 1st quarter of 2016, up from “only” 34.3% in 2014. Only the very expensive island state of Hawaii has a higher COL than the Golden State.

https://www.missourieconomy.org/indicators/cost_of_living/

Composite Cost of Living (Scaled)

First Quarter 2016Scaled Map of U.S.

Cost of Living Map

First Quarter 2016 Cost of Living
State Rank Index  Grocery Housing Utilities Transportation Heath Misc.
Mississippi 1 85.3 92.3 72.0 90.7 90.7 91.4 89.6
Indiana 2 87.4 91.8 76.0 88.3 92.3 96.0 92.2
Oklahoma 3 87.9 92.7 77.5 93.4 86.2 93.2 93.0
Arkansas 4 89.0 92.7 79.1 97.8 88.5 89.9 93.3
Alabama 5 89.4 96.9 74.0 101.3 90.3 86.7 95.9
Tennessee 6 89.5 93.8 76.9 91.2 88.7 90.4 98.0
Kansas 7 90.2 93.3 78.5 98.5 90.6 96.7 95.4
Kentucky 8 90.3 87.5 80.8 95.3 95.8 89.1 96.1
Nebraska 9 90.8 96.8 84.1 88.1 94.7 97.9 92.8
Georgia 10 91.0 99.5 75.9 95.5 93.0 97.1 97.5
Missouri 11 91.0 95.7 76.5 108.5 90.8 97.5 95.2
Texas 12 91.0 90.1 84.5 95.0 92.1 95.8 94.8
Michigan 13 91.4 92.4 85.0 97.2 99.7 98.0 90.8
Iowa 14 91.6 96.0 82.5 96.3 93.2 97.3 94.9
Wyoming 15 92.0 97.9 83.1 98.1 106.8 97.0 89.5
Idaho 16 92.5 91.1 81.5 83.7 110.4 105.1 97.4
Ohio 17 92.8 98.6 79.7 95.3 100.6 94.5 97.9
Utah 18 93.1 96.9 87.6 85.6 110.0 89.8 93.4
North Carolina 19 93.8 99.2 79.8 98.7 92.9 105.6 100.7
Louisiana 20 94.0 95.7 88.9 92.0 92.1 96.6 98.5
New Mexico 21 94.5 94.0 94.5 84.8 99.2 95.1 96.0
Illinois 22 96.2 100.2 90.2 95.9 101.2 100.2 97.7
North Dakota 23 97.4 104.8 97.6 82.2 89.0 112.1 99.9
Arizona 24 97.8 99.6 96.9 96.7 99.7 100.3 97.2
West Virginia 25 97.8 102.8 93.9 86.9 102.0 93.8 101.5
Wisconsin 26 98.5 101.2 92.1 99.7 102.2 115.0 98.9
Florida 27 99.1 101.8 92.4 105.0 102.8 96.9 101.0
Minnesota 28 99.3 104.4 90.7 90.7 95.2 109.4 107.3
Virginia 29 99.9 93.7 106.6 101.9 91.7 101.0 98.8
South Carolina 30 100.6 106.6 90.2 106.9 94.9 105.2 106.3
South Dakota 31 101.3 101.1 116.8 99.1 94.7 94.8 92.1
Montana 32 101.6 100.9 108.8 93.3 98.1 105.6 99.1
Delaware 33 102.4 115.4 92.5 110.0 93.0 100.4 106.6
Pennsylvania 34 103.2 103.6 103.8 113.8 111.1 91.1 98.3
Colorado 35 104.5 103.6 121.3 84.0 91.4 104.0 101.5
Nevada 36 105.8 103.2 101.6 95.4 124.0 105.3 107.6
Washington 37 108.6 108.2 108.4 93.4 122.1 117.9 107.8
Maine 38 111.3 98.9 120.3 106.1 115.7 106.8 109.3
New Hampshire 39 117.4 116.9 116.5 127.7 108.5 116.1 118.2
New Jersey 40 120.3 102.5 150.6 108.1 103.6 97.7 114.2
Rhode Island 41 121.2 102.9 135.9 144.6 107.4 105.6 115.4
Vermont 42 124.1 107.7 154.0 122.0 117.2 104.6 110.8
Maryland 43 124.3 113.4 174.6 101.2 110.1 92.0 102.0
Oregon 44 130.6 122.6 170.1 80.5 116.2 112.0 123.2
Connecticut 45 131.8 131.4 157.0 120.7 121.5 116.2 119.6
Alaska 46 132.8 132.5 140.0 149.2 140.7 143.6 117.6
New York 47 135.4 111.2 194.1 104.0 118.9 100.8 115.2
California 48 136.2 113.6 192.3 113.2 137.0 108.4 108.2
Massachusetts 49 146.7 111.5 198.5 140.1 112.5 130.4 132.7
District of Columbia 50 146.8 120.7 226.4 117.9 105.9 97.2 118.9
Hawaii 51 192.8 167.3 312.2 212.3 137.4 110.1 124.8
US Average 100.0 100.0 100.0 100.0 100.0 100.0 100