North Dakota is cheapest state to live in

Photo by: WDAY Radio Staff
Photo by: WDAY Radio Staff

(Fargo, ND) -- For nearly two years, inflation has hit Americans where it hurts most, their wallets.

ConsumerAffairs analyzed cost-of-living across the U.S. and conducted a survey that showed expenses rising so drastically in some areas, with one-third of Americans considering moving to a different state to escape them.

Will North Dakota see an influx of new residents if prices keep rising? Well, thanks to their most recent rating on cost of living, it just might.

North Dakota ranked number one for the lowest cost of living in the United States

The ConsumerAffairs data team crunched numbers on things like housing and rental costs; utility, food, and gas prices; and tax rates to find the lowest and highest cost of living in the U.S.

West Virginia finished second best for cost of living in the report, followed by Michigan, Louisiana and Ohio rounding out the top five lowest cost of living states.

The highest cost of living states include Hawaii as the most expensive state, followed by California, New York, Connecticut and Massachusetts rounding out the top five most expensive states to live in.

You can view the full study by clicking here.