Advertiser Disclosure
GOBankingRates works with many financial advertisers to showcase their products and services to our audiences. These brands compensate us to advertise their products in ads across our site. This compensation may impact how and where products appear on this site. We are not a comparison-tool and these offers do not represent all available deposit, investment, loan or credit products.
The High Costs of Moving to These 6 States
Written by
Sean Fisher, AI Editor
Edited by
Sean Fisher

Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 YearsHelping You Live Richer
Reviewed by Experts
Trusted by Millions of Readers
Relocating to a new state can be an exciting venture, but it’s important to consider the financial implications that come with such a move. From higher taxes and cost of living to moving expenses, certain states can significantly strain your wallet.
According to MarketWatch, “The average cost of a cross-country move starts at around $2,000 and can increase based on factors like location and type of moving services.” But once you’re in the state you can be hit with all types of expenses depending on the state you’re in, and costs can get really high if you’re in big states with big costs. Here are six states where moving might cost you more than you expect.
California
California tops the list with its notoriously high cost of living, especially in major cities like San Francisco and Los Angeles. Housing prices are some of the highest in the nation, and the state’s overall tax burden is heavy.
High Cost:
- Average Housing Cost: $783,666 (97% higher than national average)
- Auto Insurance Cost: 26% higher than national average
- Statewide Tax Rate: 7.25%
- Average Utility Cost: $380 per month (22% higher than national average)
- Cost of Living: 38% higher than the national average
Hawaii
Hawaii’s paradise comes at a price with extremely high costs for housing, food, and consumer goods, largely due to the expenses involved in shipping items to the islands.
High Cost:
- Average Housing Cost: $839,013
- Grocery Cost/ Gallon of Milk Cost as Example: $5.98 per gallon
- Gas Cost: $4.72 per gallon
- Electricity Cost: 44.28 cents per kilowatt-hour
- Taxes Cost: about $24,687 each year
New York
New York is another state with a steep cost of living, particularly in New York City. The housing market is expensive, and state income taxes are substantial. Additionally, commuting costs can add up quickly.
High Cost:
- Average Housing Cost: $460,812
- Statewide Tax Rate: 10.94%
- Auto Insurance Cost: 20% higher than national average
- Average Utility Cost: $477 per month
- Cost of Living: 27% higher than the national average
Alaska
While Alaska offers no state sales tax or income tax, the cost of living is high due to the remote location and harsh weather conditions, which hike up prices for utilities and groceries.
High Cost:
- Average Utility Cost: $411 per month
- Grocery Cost: 82 percent higher than the national median
- Average Transportation Cost: $5,316
- Cost of Living: 30% higher than the national average (highest in the nation)
New Jersey
New Jersey has some of the highest property taxes in the U.S., coupled with high costs for housing and cost of living.
High Cost:
- Statewide Tax Rate: 10.94%
- Average Home Cost: $512,908
- Property Tax Cost: 2.26% (compared with a national average of 0.99%)
- Cost of Living: 11% higher than the national average
Connecticut
Connecticut residents face high costs for state and property taxes. Utilities and transportation also contribute to the high cost of living.
High Cost:
- State Tax Cost: 6.35%
- Property Tax Cost: 1.96% (double the 0.99% national average)
- Cost of Living: 13% higher than the national average
- Housing Cost: 24% higher than the national average
- Utility Cost: 30% higher than the national average
Editor's note: This article was produced via automated technology and then fine-tuned and verified for accuracy by a member of GOBankingRates' editorial team.
More From GOBankingRates
Share This Article:
You May Also Like
Here's Why Inflation Feels Worse Than the Numbers Look, According to an Expert
December 24, 2025
3 min Read
Elon Musk Predicts 'Universal High Income' Will Pay For Everything -- How Much Would You Get?
December 23, 2025
3 min Read
I Asked ChatGPT What the Richest Americans Invest In -- Here's the Surprising List
December 24, 2025
3 min Read
3 Tools the Wealthiest Americans Use To Safeguard Their Generational Wealth
December 23, 2025
3 min Read
Only 50% of Salary Raise Requests Succeed -- 6 Proven Strategies To Boost Your Chances
December 22, 2025
3 min Read
10 Tips To Start a Business With Very Little Money, According to Entrepreneurs
December 23, 2025
3 min Read
Questions Around The Economy
Make your money work for you
Get the latest news on investing, money, and more with our free newsletter.
By subscribing, you agree to our Terms of Use and Privacy Policy. Unsubscribe at any time.

Thanks!
You're now subscribed to our newsletter.
Check your inbox for more details.

Sending you timely financial stories that you can bank on.
Sign up for our daily newsletter for the latest financial news and trending topics.
For our full Privacy Policy, click here.
Looks like you're using an adblocker
Please disable your adblocker to enjoy the optimal web experience and access the quality content you appreciate from GOBankingRates.
- AdBlock / uBlock / Brave
- Click the ad blocker extension icon to the right of the address bar
- Disable on this site
- Refresh the page
- Firefox / Edge / DuckDuckGo
- Click on the icon to the left of the address bar
- Disable Tracking Protection
- Refresh the page
- Ghostery
- Click the blue ghost icon to the right of the address bar
- Disable Ad-Blocking, Anti-Tracking, and Never-Consent
- Refresh the page




